Kalyan

Kalyan Jewellers is a prominent Indian jewellery retailer based in Thrissur, Kerala, specializing in the design, manufacture, and direct sale of gold, diamond, and precious stone jewellery through its extensive showroom network. The company operates 154 showrooms across India and the Middle East as of 2022, establishing itself as one of India's largest jewellery enterprises. In March 2021, Kalyan Jewellers launched an IPO, raising ₹1,175 crore, following a 2017 investment of ₹500 crore from Warburg Pincus, which also led to the acquisition of e-commerce platform Candere. Its board includes notable figures like Chairman & Independent Director Vinod Rai, and the company emphasizes a customer-focused retail model. Kalyan Jewellers was founded in 1993 by T.S. Kalyanaraman. Its business model centers on retail sales of jewellery through owned showrooms in India and the Middle East, supplemented by e-commerce via acquired platform Candere, publicly listed company post-IPO.