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Mithun Sacheti Snapshot
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Mithun Sacheti
CEO
Birthdate
Organization
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Birth & Early Life
- Mithun Sacheti pursued his passion for jewellery by obtaining certification as a gemologist from the Gemmological Institute of America, California (GIA) after completing his undergraduate studies.
- Shortly after his return, Mithun wasted no time in setting up his first store for Jaipur Gems, driven by his love for jewelry and diamonds.
- He oversaw Jaipur Gem's expansion into South India, establishing a presence in cities like Chennai and Coimbatore before venturing into e-commerce.
- Recognizing the potential of online retail in India, Mithun conceptualized CaratLane.com, leveraging his expertise in jewelry and diamonds to create a platform for selling solitaires and diamond jewelry online.
- Teaming up with Srinivasa Gopalan, CaratLane.com was launched in 2008, marking the beginning of a journey marked by significant milestones.
- Mithun's leadership in steering the growth of CaratLane was acknowledged by TiE, who honored him with the "Next-Gen Entrepreneur of the Year" Award in 2012.
- Combining his jewellery expertise with a passion for jewellery technology, Mithun ensures that every piece produced for CaratLane.com meets impeccable standards, ensuring customers receive exactly what they expect.
- Mithun Sacheti currently oversees the business strategy and direction at CaratLane.com, ensuring its continued success.
- Outside of the jewellery industry, Mithun enjoys playing badminton and squash and is an avid cricket enthusiast.
Physical Status
Male
Education
Education Institution | Degree | Field of Study | Duration |
|---|---|---|---|
Sydenham College of Commerce and Economics | B.Com | Commerce | - |
Indian Institute of Management Bangalore | Not specified | Not specified | 2009 - 2010 |
careers
Position/Role | Company | Duration |
|---|---|---|
Founder | CaratLane | Oct 2008 - Aug 2023 |
Director | Jaipur Gems | 2000 - 2010 |
Personal Details
Married
Mithun Sacheti Investments
Total no. of Investment
5
Mithun Sacheti has made 5 investments.
| Date | Company | Sector | Round | Investments | Co-Investors |
|---|---|---|---|---|---|
| 2024-04-11 | Furniture | Series B - Arrivae | ₹ 210 M | Mithun Sacheti, Havells India, Rakesh Jhunjhunwala, Emerge Capital etc | |
| 2023-10-12 | Technology | Venture Round - Oro | ₹ 1.1 B | Siddhartha Sacheti, Three State Capital, Mithun Sacheti, 021 Capital, Singularity Ventures etc | |
| 2020-07-08 | Cybersecurity | Seed Round - Securden | $ 1.2 M | Accel, Tiger Global Management, Together Fund, Girish Mathrubootham, Axilor Ventures etc | |
| 2018-01-22 | Marketing | Seed Round - Paperflite | $ 400 K | ||
| 2014-11-01 | Media | Angel Round - POPxo | $ 500 K | Neoplux, Aadil Ebrahim, STRIVE, SUMMIT, Kalaari Capital, Oppo etc |