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Kalyan Jewellers

Indian jewellery chain

Summary

Indian jewellery chain

Field	Value
name	Kalyan Jewellers
type	Public
traded_as

logo	Kalyan Jewellers logo.svg
image	Kalyan Jewellers.jpg
image_caption	Kalyan Jewellers showroom in Thrissur, Kerala
foundation
founder	T. S. Kalyanaraman
num_employees	12,000+
parent	Kalyan Jewellers India Limited
num_locations	315+ showrooms
area_served	Worldwide
key_people	T. S. Kalyanaraman (MD)
products	Gold, Diamond, Silver, Platinum, Gemstone jewellery
location	Thrissur, Kerala, India
industry	Retail; Gems & Jewellery
subsid	Candere, Kalyan Matrimony
homepage

Kalyan Jewellers is an Indian multinational jewellery company, headquartered in Thrissur, Kerala. It was founded in 1993 by T. S. Kalyanaraman. As of July 2025, Kalyan Jewellers operates more than 315 showrooms across India, Middle East and the US.

History

Kalyan Jewellers was established by T. S. Kalyanaraman, leveraging his family's experience in the textile and retail industries. The first store opened in Thrissur, Kerala in 1993. Following the success of the initial store, Kalyanaraman's sons, Rajesh Kalyanaraman and Ramesh Kalyanaraman, joined the family business.

Kalyan Jewellers expanded into major metropolitan areas as well as tier-2 and tier-3 cities in India. It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora.

In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for 700 crore and a second tranche of 500 crore in 2017.

In 2021, Kalyan Jewellers went public with an initial public offering (IPO).

In 2022, the company onboarded Vinod Rai as its chairperson and independent non-executive director. Vinod Rai was the former Comptroller and Auditor General of India (CAG) and the former chair of the United Nations Panel of External Auditors.

Candere

In 2017, Kalyan Jewellers acquired a majority stake in Candere, an e-commerce jewellery platform. This acquisition enabled Kalyan Jewellers to establish an online presence. In May 2024, Kalyan Jewellers fully acquired Candere, which now operates as a retail brand offering jewellery through both its website and retail stores.

References

"Kalyan Jewellers - Overview and history of the company".
Jewellers, Kalyan. "Kalyan Jewellers".
(5 July 2024). "Kalyan Jewellers to enter US market, plans 70 new showrooms globally". The Economic Times.
(2017-04-03). "Warburg Pincus announces Rs 500 crore investment in Kalyan Jewellers". The Economic Times.
(2021-03-16). "Kalyan Jewellers IPO opens today: Everything you need to know".
Stock exchange, Bombay. "Kalyan Jewellers IPO BSE".
(2022-03-28). "Ex-CAG Vinod Rai appointed as Kalyan Jewellers India chairman".
(2024-06-03). "Kalyan Jewellers acquires remaining 15% stake in Candere for Rs 42 crore - CNBC TV18".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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