CaratLane Names Jigar Vyas as Chief Financial Officer to Drive Next Growth Phase

Tata Group-backed jewellery brand CaratLane on Tuesday announced the appointment of Jigar Vyas as its Chief Financial Officer, strengthening its leadership team as the company accelerates expansion across its omni-channel network in India.

Vyas will oversee CaratLane’s finance function and play a key role in shaping financial strategy, governance, and capital efficiency as the brand scales its operations. He will work closely with the senior leadership team to align financial decision-making with long-term business goals, while maintaining discipline and transparency.

With over 16 years of experience, Vyas brings a strong background in business finance, commercial strategy, and large-scale operations. Prior to joining CaratLane, he held senior leadership positions at ITC Ltd, Nielsen, and SUGAR Cosmetics, where he managed diverse portfolios and led large teams in consumer-facing businesses.

Commenting on his appointment, Vyas said CaratLane has built a trusted brand by combining innovation with a strong focus on customers. He added that he looks forward to strengthening the company’s financial foundations and supporting long-term value creation as the brand continues to grow.

Over the course of his career, Vyas has been involved in sales finance, financial planning and analysis, capital raising, cost optimisation, and governance enhancement. Known for his data-driven and structured leadership style, he is expected to bring a balanced approach to managing rapid growth while ensuring financial clarity and control.