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A pilot plant was set up in August 1992 and the production began in 1994, and Tanishq's first store opened in 1996. Tanishq was the first jewellery retail chain in India. [5] The first years of Tanishq recorded consistent losses. In 2000, Managing Director Xerxes Desai chose Bhaskar Bhat to succeed him. Starting in 2000, its net worth started ...
A Tanishq jewellery store in Hyderabad. Titan acquired Swiss watchmaker Favre-Leuba in 2011 for €2 million to enter the European market. [20] [21] In 2013, Titan entered the fragrances segment with the brand Skinn [22] and later that year, it ventured into the helmets' category under its brand Fastrack. [23]
CaratLane has raised four rounds of capital, Series A through Series D, with the most recent round being led by Tiger Global, a US-based Hedge fund. [8] In its fourth round of fundraising (in 2015) CaratLane received ₹ 192 crore (US$23 million) from Tiger Global making the sum total invested by the Hedge Fund approximately ₹ 318.31 crore (US$38 million).
The company's founder, Jos Alukkas, established a small jewellery unit in Thrissur in 1964. Under his guidance, the brand introduced the standardization of gold with the 916 purity certification, which has become a widely adopted benchmark in the Indian jewellery industry.
1937. Died. (2016-06-27) 27 June 2016 (aged 78–79) Bengaluru, Karnataka, India. Alma mater. Elphinstone College Oxford University. Spouse. Rajni Desai [ 1 ] Xerxes Desai was the first managing director of Titan Company, an Indian watchmaking company, and played an instrumental role in laying the foundation of the company.
Pages in category "Jewellery retailers of India" ... Tanishq; Tribhovandas Bhimji Zaveri This page was last edited on 19 December 2022, at 14:37 (UTC) ...