The founding of the Sacheti family’s first jewellery business in the 1800’s was the start of a beautiful journey of intricate jewellery design, which ultimately led to the launch of Jaipur Gems. Founded in 1974 by the ancestors of the Sacheti family, Jaipur Gems is a company deep rooted in traditions, customs and values, ensuring their jewellery legacy surviving eight generations.
With the core value that each piece must be treasurable through generations to come, Jaipur Gems designs surpasses times and reflects, beauty, honour and elegance. Each jewel design and piece is limited edition with the finest workmanship from our master craftsmen who have been trained under the watchful eye of our founders.
Jaipur Gems caters to the indian diaspora worldwide with excellent and unique pieces of jewellery. Jaipur Gems specialises in the art to Jadau jewellery, along with intricate handcrafted 22 karat gold, hand painted meenakari work and creating masterpieces and stunning designs in contemporary Diamond, Rubies, Emeralds jewellery. Each piece of jewellery has a story attached to it making the piece even more special to a buyer. Jaipur Gems pieces resonate Class, elegance, timelessness, heritage with a touch of modernity blended in them. Its an absolute delight for eyes thus etching a lineage, an era of royalty and exclusiveness.
Padam Sacheti - Profile
Shri Padam Sacheti is an extraordinary story one which makes Mumbai proud for what it provides to people who believed in making their home here in the 70’s.
Having Moved to Mumbai in 1974 to pursue a business idea in Mumbai, he setup his first store “Jaipur Gems” in a rented Industrial compound (due to license raj) of Glaxo Worli. With immense dedication, hard work and equal support from his wife Manju, they toiled towards making a living by designing and manufacturing fine jewelry to Mumbai’s elite.
Within a few years with limited resources , they were able to make a significant name for themselves.
By 1987 they had done enough to finally move their store to the high street of Hughes Road. From this point, there was no looking back. In 1995 the store in Mumbai was was doubled. With the addition of more hands in the form of his two sons, and an intention to keep the business a family oriented one, his business grew across with stores in Chennai and Coimbatore in Tamil Nadu.
Started in 2005, Starfire today is the backbone of the enterprise. Equipped with the state of the art latest technology, and amalgamating ancient techniques with the latest, Starfire now employs over 200 workers in its factory in Mumbai and Chennai. Meticulously delivering goods on time with highest consumer satisfaction.
He further encouraged his sons to setup an online business, www.caratlane.com, which today is one of the largest B2C in the jewelry business in india, and amongst the biggest in the world. JaipurGems is trusted in the highest Strata of society and industry peers, solely guided by the principles of fairness and quality ingrained by Mr Sacheti.
In 2014 one of the worlds leading Private Equity Firm Tiger Global invested over 30 million US Dollars, taking the valuation of the company to 600 crores.
There have been several offers to invest in the company, valuing the company at a whopping 1200 crores or more.
It is not only India's pioneer in e commerce, but has been featured in Forbes Fastest growing companies, and Mr Mithun Sacheti has been recognized by Forbes as one of the youngest entrepreneurs under 40 to watch out for.
Siddhartha Sacheti - Profile
Siddhartha Sacheti is the 6th generation jewelry designer from the Sacheti family. Having born into a rich family of heritage and history of jewellery which spanned across generations, it was absolutely impossible for him to think about any other profession besides this. It was embed in his blood since birth. Or you can say that it's been his birth right. Siddhartha is currently heading as the CEO of the luxury brand Jaipur Gems founded by his father Padam Sacheti.
Having completed his graduation in Commerce at Sydenham college, he went to Gemological Institute of America to pursue the art of jewellery manufacturing and design. He came back and joined the family business and in the year 2000 founded Gemlinx.com an online space where jewellers and designers could interact directly with their customers, merchandisers and gemologists ( it was based on the model for B2B and B2C). Unfortunately in the year 2002, he had to shut it down, as it was way ahead of its time and the internet penetration in India was extremely low.
After this incident he went back again to the States and studied Retail Management. On his arrival back to the home turf he went on to modernise the family business with by providing state of the art machinery and technology which helped enabled his artisans to continue what they do best and allow Jaipur Gems to produce quality collections at international standards and at the same time maintaining their trademark heritage style and essence. He has also established the entire social media reach for House of Jaipur Gems single handedly.
Besides designing, his other passions include skiing, scuba diving and sailing. On his traveling wish list Japan and Africa are the two places that he is yet awaiting to explore and experience their culture, food, etc. He is also an avid reader and revels in fiction and non fiction books. Being a technology geek he spends much of his time in research and updating himself with all the new and latest entrants in the market.
Currently he is looking to expand his wings and foray into another aspect of designing. He’s looking at honing his skills and create a brand name in mens accessories.
Mithun Sacheti - Profile
Co-Founder & MD, CaratLane - Mithun Sacheti
Named among GQ’s “50 Most Influential Young Indians” and a certified gemologist from the Gemological Institute of America, California (GIA) Mithun Sacheti, co-founder and MD of CaratLane, has translated his passion for jewellery into making CaratLane India's leading omni-channel jeweller.
Mithun has been felicitated as the ‘Next-Gen Entrepreneur of the Year’, by TiE in 2012, ‘Entrepreneur of the Year’ by Confederation of Indian Industry Connect in 2014, ‘Young Turk Award’ by Retail Jewellers Guild Award in 2015, and ‘Masters of Reinvention’ by London Business School - Real Innovations Awards in 2017 and also being featured by Forbes on their cover. In August 2016, Mithun added another feather to his cap with a strategic investment from Titan Company Limited, owner of India’s largest and most trusted jewellery brand, Tanishq.
Coming from a family of 5 generations of jewellers, Mithun recognizes that the shopping habits of Indian women were changing rapidly and believes that jewellery should be for everyday use and not for lockers. His vision of selling solitaires and diamond jewellery over the Internet was shared by Srinivasa Gopalan whose tech wizardry gave wings to the dream. Together, they started CaratLane.com in 2007 and the site went live in 2008. Today CaratLane has 60+ stores across the country and a virtual try-on app which is a step ahead in experiencing jewellery.