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CaratLane Appoints Jigar Vyas as Chief Financial Officer

Seasoned finance leader to steer financial strategy and support CaratLane’s next phase of omni-channel growth

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CaratLane – A Tata Product, India’s leading omni-channel jewellery brand, has announced the appointment of Jigar Vyas as its Chief Financial Officer (CFO). In this role, Jigar will lead the company’s finance function and support CaratLane’s next phase of growth as it continues to expand its omni-channel footprint across India.

Jigar brings over 16 years of experience across business finance, commercial strategy, and large-scale operations, having worked with complex, 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, Jigar will be responsible for driving financial strategy, strengthening governance and internal control frameworks, and ensuring capital efficiency as the brand scales. 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, Jigar has been closely involved in sales finance operations, financial planning and analysis, capital raising, and cost optimisation, while also strengthening governance mechanisms and improving cost efficiencies. His experience spans working across scale, complexity, and fast-paced environments, giving him a balanced perspective on managing growth with discipline. Known for his structured approach to leadership, Jigar brings a strong emphasis on data-driven decision-making, cross-functional collaboration, and execution excellence, enabling organisations to navigate scale while maintaining financial clarity and control


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Appointment

KISNA Appoints Nitin Naik as Chief Technology Officer to Drive Digital Innovation and Omnichannel Scale

Strengthening leadership to power retail expansion, digital commerce integration, and seamless online-offline growth across India

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KISNA Diamond and Gold Jewellery, the flagship brand of the Hari Krishna Group, has announced the appointment of Nitin Naik as Chief Technology Officer (CTO). The appointment strengthens the brand’s leadership team as it accelerates retail expansion and omnichannel growth across India.

In his role, he will lead KISNA’s technology function across digital commerce, retail systems, supply chain integration and data infrastructure. He will work closely with business and operations teams to build scalable platforms, enhance customer experience and enable seamless online-offline operations.

He brings over 25 years of experience in enterprise technology, global delivery and cybersecurity. He has spent most of his career at Tata Consultancy Services (TCS), leading large transformation programs in multiple domains across global markets. Most recently, as Delivery Head – Cybersecurity, he led end-to-end cybersecurity service delivery for growth markets and global public sector and education clients, overseeing governance, financial performance and strategic client engagement.

Parag Shah, CEO, KISNA Diamond and Gold Jewellery, said, “KISNA is scaling rapidly across markets, formats and consumer segments. Technology will be central to sustaining this growth. From retail integration to omnichannel execution, we are building platforms that enable speed and consistency at scale. Nitin’s appointment strengthens our ability to drive this transformation with sharper focus.”

Nitin Naik, Chief Technology Officer, KISNA Diamond and Gold Jewellery, added,  “The opportunity to build technology capabilities for a fast-scaling retail brand like KISNA is compelling. I look forward to enabling integrated platforms that support retail growth, partner ecosystems and seamless consumer journeys.”

The appointment comes amid strong growth momentum at KISNA. Over the past year, the brand has strengthened its leadership team with key appointments across finance and marketing, expanded its offline retail footprint across franchise and exclusive showroom formats, and scaled its Mumbai corporate office to support rising operational and network expansion.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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