| 1. Mithun is the co-founder and managing director of India’s first online jewelry store, CaratLane. |
| 2. He is a certified gemologist from the Gemological Institute of America. |
| 3. Mithun hails from a wealthy family in Mumbai, with his parents founding Jaipur Gems in 1974. |
| 4. In 2000, he launched his own Jaipur Gems outlet in Chennai. |
| 5. In 2008, Mithun co-founded CaratLane, emphasizing affordable and accessible online jewelry. |
| 6. CaratLane's reach extended to physical stores in multiple cities like Bengaluru, Delhi NCR, and Hyderabad. |
| 7. Initially, Mithun catered to financially independent young successful women. |
| 8. In 2015, he expressed his intention to leverage the internet for wider customer reach and product discovery. |
| 9. The idea to establish CaratLane stemmed from a dinner conversation with businessman Rakesh Jhunjhunwala. |
| 10. Titan acquired majority ownership of CaratLane, and in 2023, Titan announced a further stake acquisition, leading Mithun's company to earn Rs. 4621 crores in cash. |
| 11. Following the acquisition, Titan became the holder of 98.28% shares in CaratLane. |
| 12. Mithun Sacheti occasionally enjoys alcoholic beverages. |
| 13. Mithun Sacheti is from a Marwari family. |
| 14. Mithun has been recognized by Forbes as one of the youngest entrepreneurs under 40 to watch out for. |
| 15. His hobbies include travelling and reading jewelry related books. |
| 16. Mithun is the founder of CaratLane. |
| 17. He is a co-founder and former CEO of CaratLane. |
| 18. Mithun hails from a family in Mumbai, with his parents founding Jaipur Gems in 1974. |
| 19. CaratLane later expanded into physical stores in multiple cities, including Bengaluru, Delhi NCR, and Hyderabad. |
| 20. In 2008, Mithun co-founded CaratLane with Srinivasa Gopalan, emphasizing affordable and accessible online jewelry. |
| 21. Titan acquired majority ownership of CaratLane in 2016, valuing the company at 575 crores INR post-money. |
| 22. In August 2023, Titan bought out Mithun’s remaining 27% stake in CaratLane, valuing the company at 17,000 crores INR. |
| 23. Mithun served as a Director of Jaipur Gems for 10 years before founding CaratLane. |
| 24. Mithun is the co-founder and former CEO of CaratLane. |
| 25. CaratLane recently clocked 2,177 crore INR in revenue as a Titan company. |
