The group derives its origins from textile retailing and wholesaling and has experience of over 100 years in the trade. Kalyan branched out into the field of jewellery retailing in the year 1993 by opening its first store in Thrissur.
The reason behind the kalyan group’s foray into business itself is quite unique and makes it interesting to read. The ancestors of the current management come from a pious background that comprised of priests, saints and advisor to kings. Hailing from the Tanjavur district of Tamilnadu, these ancestors had migrated to Kerala.
Kalyan Jewelers is an Indian adornments store chain possessed by the Kalyan Group. It was established by T. S. Kalyanaraman, who began the primary gems shop in 1993 in Thrissur, Kerala, India (the organization’s present central command) with a capital of 7.5 million (US$110,000) and has since developed to wind up distinctly the biggest gems store chain in India.
With around 8000 workers, the chain has 79 showrooms crosswise over India. Bloomberg has esteemed Kalyan Jewelers at about $1 billion in January, 2013. Global Private Equity Fund Warburg Pincus made a venture of $200 Million (INR 1200 Cr) in Kalyan Jewelers in October, 2014.
Kalyan primarily aims at common social good through fair and ethical business practices. Kalyan is a promise to every customer; a promise of fulfilling the customer’s needs to their extreme satisfaction and serving only the best in the market.
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