Kalyan Jewellers, the most trusted jewellery brand announced that an affiliate of Warburg Pincus, a leading private equity firm focused on growth investing, has invested Rs 12 billion in the company.
Founded in 1993 and Headquartered in Thrissur (Kerala), Kalyan Jewellers is one of the largest manufacturing and distribution company in the country. In India, Kalyan Jewellers has established presence across all major markets in South India, Maharashtra, Gujarat, National Capital Region (NCR) and Punjab. Presently, it has a network of 55 exclusive outlets in India and 6 exclusive outlets in the United Arab Emirates designed to provide customers with a unique, premium shopping experience. Mr Amitabh Bachchan and Mrs Aishwarya Rai Bachchan have represented the brand in the national front since 2012.
T S Kalyanaraman, chairman and managing director, Kalyan Jewellers, said, ''We are delighted to welcome Warburg Pincus as our growth partner. Jewellery is one of the largest consumption categories in India, and Kalyan Jewellers has created a unique position as one of the largest and the most trusted jewellery brands in India. We continue to be guided by our core values of integrity, transparency and customer focus that have enabled us to gain our customers’ trust over the past two decades. We look forward to working with Warburg Pincus as we continue to build on our foundation and move onto our next phase of growth.''