

In his new role, Jigar will oversee the finance function and play a key role in enabling the company’s next phase of expansion as it continues to scale its retail and digital presence across India.
With over 16 years of experience across financial leadership, commercial strategy, and operations, Jigar brings deep expertise in managing scale across consumer-focused businesses. His career spans leadership roles at ITC Ltd, Nielsen, and SUGAR Cosmetics, where he worked across diverse markets, large teams, and high-growth environments.
Commenting on his appointment, Jigar said that CaratLane’s ability to blend innovation with a strong customer focus makes it a compelling brand to build for the future. He shared his intent to partner closely with the leadership team to reinforce financial systems, enable sustainable growth, and support long-term value creation.
At CaratLane, Jigar will focus on shaping financial strategy, enhancing governance and internal controls, and ensuring efficient capital deployment as the brand expands. His mandate will include aligning financial planning with long-term business goals, while maintaining transparency, discipline, and operational rigour.
Over the years, Jigar has led initiatives across financial planning and analysis, sales finance, capital management, and cost optimisation. Known for his structured, data-led approach, he is recognised for driving cross-functional collaboration and execution excellence in fast-paced, complex organisations.