Founded in 1993 by T.S. Kalyanaraman, Kalyan Jewellers opened its first store in Thrissur, Kerala. The company’s initial focus was on providing quality jewellery to Indian customers. As it gained popularity, Kalyan expanded its operations across India and ventured into the Middle East. In 2014, global private equity firm Warburg Pincus invested ₹700 crores, significantly boosting Kalyan’s growth trajectory.
By 2017, Kalyan Jewellers acquired Candere, an online jewellery brand, to enhance its digital presence and cater to the growing trend of online shopping. The company continued to flourish and, in 2021, went public with an IPO, further emphasizing its commitment to expansion and growth. The IPO was instrumental in raising funds, which were utilized for opening new showrooms and strengthening the company’s market position.
Today, Kalyan Jewellers operates over 277 showrooms globally, with a strong presence in India and the Middle East. The company’s consistent focus on quality, customer satisfaction, and innovative marketing strategies has contributed to its impressive revenue growth. Kalyan continues to build on its legacy by expanding its footprint and delivering exceptional jewellery to customers worldwide.
