CaratLane – A Tata Product, has announced the appointment of Jigar Vyas as its Chief Financial Officer (CFO). In this role, Vyas will lead the company’s finance function and support CaratLane’s next phase of growth as it continues to expand its omni-channel presence across India.
Vyas brings over 16 years of experience across business finance, commercial strategy and large-scale operations, having worked with consumer-facing organisations across both large conglomerates and high-growth startups. Prior to joining CaratLane, he held senior leadership roles at ITC Ltd, Nielsen and SUGAR Cosmetics, where he managed large teams and diverse market portfolios.
Speaking on his appointment, Jigar Vyas, Chief Financial Officer, CaratLane, said, “CaratLane has built a strong, trusted brand by combining innovation with customer-centricity. I look forward to working closely with the leadership team to strengthen financial foundations, enable disciplined growth, and support the brand’s long-term value creation as it continues to scale.”
At CaratLane, Vyas will be responsible for driving financial strategy, strengthening governance and internal control frameworks, and ensuring capital efficiency as the business grows. He will work closely with the leadership team to align financial decision-making with long-term business objectives, while balancing growth ambitions with financial discipline and transparency.
Across his career, Vyas has been closely involved in sales finance operations, financial planning and analysis, capital raising and cost optimisation, while also strengthening governance mechanisms and improving operational efficiencies. His experience across scale, complexity and fast-paced environments brings a balanced perspective to managing growth with financial rigour.
Known for his structured and data-driven approach, Vyas is expected to play a key role in helping CaratLane navigate its next stage of expansion while maintaining clarity, control and accountability across its financial operations.
