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March 24, 2016

Is CaratLane over valued?

Economic Times has an article on e-jeweler CaratLane's as part of which it uses Venture Intelligence's data to check on the valuation of the company and its peers.

Easily the top-funded estore for jewellery, CaratLane has raised well over Rs 300 crore ($50 million) since 2011, predominantly from Tiger Global Management, which is invested in Indian top start-ups Flipkart and Ola. CaratLane's latest fund-raiser, announced in January 2015, was Rs 185 crore ($30 million) at a valuation of Rs 712 crore and a revenue multiple of nine times, according to data provided by investment tracking firm Venture Intelligence. Among the other top fund-raisers, Bengaluru-based BlueStone raised Rs 100 crore, last year at a valuation of nearly Rs 373 crore. 
Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to Sign Up for the FREE Weekly Edition of the Deal Digest: India's First & Most Exhaustive Transactions Newsletter.