AVNISH ANAND

PhonePe and CaratLane announced their partnership to enable consumers to purchase jewellery by redeeming their accumulated Digital Gold. Consumers can redeem their Digital Gold for a jewellery of their choice at CaratLane and avail up to 7% extra on...

The authors pointed out that while the increase in term deposit rates in the latest tightening cycle has outstripped that in lending rates, savings deposit rates of banks - which represent a third of total deposits - stayed almost unchanged.

In India, dispelling nazar takes all sorts of forms—from putting a black dot on an infant’s forehead to wearing black threads or tabeez, to twirling a fist of dried red chillies around a person and tossing those in kitchen fire, to hanging a string ...

Mithun Sacheti, co-founder of CaratLane, has gained attention since the announcement of Titan's acquisition of his remaining stake in the company for Rs 4,621 crore ($635 million) in cash. While the spotlight is new to him, Sacheti says he always kn...

Anand was previously chief operating officer of the Tata Group-owned CaratLane and has been at the firm for more than 8 years.

The capital infusion will be used to continue scaling the San Francisco- and Pune-headquartered startup's platform and hire talent.

All India Gem and Jewellery Domestic Council Vice Chairman Shyam Mehra said, gold prices have come down to around Rs 50,500 per 10 gram from Rs 55,000-58,000 per 10 gram, giving boost to consumer sentiment.

As COO, he will lead CaratLane’s new opportunities by growing the core business, omni-channel strategy and build key partnerships to drive growth. Mr.Anand will play an important role in scaling up both domestic and international business.

Jewellery shopping is a traditional affair around Diwali and Dhanteras, but business was a muted affair due to sharp rise in gold prices and economic hardships due to the pandemic.

Jewellery sites are investing in digital tools to replicate the offline buying experience using virtual try-ons, chatbot assistance and live video services.

Entrepreneurs and investors bedeviled by growth pangs and lack of sufficient capital in recent months have good reason to be circumspect.

Since there's been an absence of enough company founders with exits, most of the funds had to hire from consulting firms earlier.

The range and depth of the startups which won the awards came in for particular praise, more so because many of them were solving difficult problems with technology.

The firm has announced to open it’s Chennai office and GV Anand Bhushan will be head of firm’s newly opened south operation.

The turmoil in the capital markets will only magnify the concerns around frothy valuation and potentially result in quality investors becoming more picky.

Accel Partners, Matrix Partners India, Sequoia Capital India and Helion Venture Partners have in the past eight months elevated executives in their early to late-30s to top ranks.

"2014 will be looked at as an inflection point, the year the world discovered the true potential of the Indian startup."

Mumbai/ The horrific rape of a young Delhi girl by an Uber driver resulting in the ban of the taxi-hailing app and other cab aggregators has come as a setback for legions of investors in these tech startups.

Some of these investors sounded a note of caution, saying the ban was a knee-jerk reaction and that it may damage investor sentiment.