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Raniwala 1881 Partners with Francorp to Scale Retail Footprint Through Franchising

The iconic Jaipur-based jewellery house adopts FOFO and FOCO models to expand across India while preserving its royal heritage and artisanal legacy

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Raniwala 1881, the luxury jewellery brand rooted in Jaipur’s rich heritage, has announced a strategic alliance with Francorp, the franchising advisory arm of Franchise India Group, to fuel its next phase of growth through a structured franchise model.

This partnership marks a significant milestone for the 140-year-old brand as it seeks to expand its retail footprint across India while staying true to its legacy of regal design and meticulous craftsmanship.

Under the agreement, Raniwala 1881 will implement both Franchise-Owned, Franchise-Operated (FOFO) and Franchise-Owned, Company-Operated (FOCO) models. These formats aim to offer opportunities for entrepreneurs and investors to be part of the evolution of one of India’s most prestigious fine jewellery brands.

“Our jewellery is more than just adornment; it is a representation of centuries-old craftsmanship and a deep-rooted heritage,” said Abhishek Raniwala, Managing Director of Raniwala 1881. “With the growing demand for handcrafted Polki and Jadau jewellery, this partnership with Francorp allows us to expand while preserving our brand’s exclusivity.”

Founded in the 19th century by Rai Bahadur Champalal of Beawar, the brand carries a legacy dating back to the British era, when the family was honored with the title “Raniwala.” The brand continues to be a trusted name in bridal jewellery, known for its 18-karat gold Polki pieces that appeal to both Gen Z and Millennial audiences.

Over the years, Raniwala 1881 has also collaborated with some of India’s top fashion designers, including Sabyasachi Mukherjee, Manish Malhotra, and Rahul Mishra, reinforcing its place at the intersection of heritage and high fashion.

The shift toward franchising comes as India’s jewellery market undergoes a transformation, with consumers increasingly gravitating toward branded, story-driven luxury pieces that offer authenticity and traceability.

Francorp will help guide Raniwala 1881’s expansion across metro cities and fast-growing luxury markets, ensuring a consistent retail experience that honors the brand’s heritage.

“Luxury retail is evolving rapidly, and heritage brands like Raniwala 1881 are leading the way in strategic expansion while maintaining timeless elegance and exclusivity,” said Gaurav Marya, Chairman of Franchise India Group. “Franchising provides an effective model to scale without compromising brand integrity. With FOFO and FOCO formats, we’re introducing a new dimension to luxury jewellery retail in India.”

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National News

Divine Solitaires and Gahana Gems & Jewels Chart a Bold Growth Course For The Solitaire Category Across Gwalior, Guna, and Jhansi

Strategic Partnership Aims To Capture Over 40% Of The ₹105 Crore Regional Market Through Focused Assortment, Retail Visibility, And Consumer-Driven Growth Initiatives

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In what is being seen as one of the most consequential retail alignments in the region this year, Divine Solitaires has come together with Gahana Gems & Jewels in a decisive partnership that is poised to transform how natural diamond solitaires are accessed, experienced, and purchased across Gwalior, Guna, and Jhansi.

Jignesh Mehta, MD & Founder, Divine Solitaires, recently sat down with Ajay Mangal, Owner, Gahana Gems & Jewels, and what emerged from that meeting was far more than pleasantries. The two arrived at a concrete, forward-looking business understanding with one shared ambition: to build the solitaire category into a significant, high-performing segment across all three cities where Gahana Gems & Jewels operates.

Two Leaders, One Clear Direction

Much like when business or political leaders convene and emerge with a shared agenda, the meeting between Jignesh Mehta and Ajay Mangal carried that same weight of intent. There was alignment on what needs to happen, how it will happen, and the commitment from both sides to make it happen. The outcome was a structured growth plan, covering inventory investment, assortment curation, in-store category focus, and a coordinated push on consumer awareness and outreach, all aimed at placing Gahana Gems & Jewels at the forefront of solitaire retail across this belt.

This is a three-city play. Gwalior, Guna, and Jhansi together represent a significant and largely underleveraged opportunity for natural diamond solitaires. The combined solitaire diamond jewellery market of Gwalior, Guna, and Jhansi is approximately INR 105 crores. The partners have jointly developed a detailed plan to capture more than 40% of this market share in the coming years. With Gahana Gems & Jewels now formally aligned with Divine Solitaires on a growth roadmap, that opportunity is no longer sitting idle.

What Has Been Agreed Upon
The partnership roadmap includes a sharper focus on solitaire assortment depth across key price points, greater in-store visibility and dedicated category space, and joint consumer marketing initiatives designed to build aspiration and drive footfall from buyers who are increasingly seeking certified, trusted natural diamond solitaires. Both parties have also committed to regular engagement to track progress, course-correct, and ensure that the solitaire segment receives the attention and investment it deserves at the retail level.

Jignesh Mehta, MD & Founder, Divine Solitaires, said:

“Ajay bhai and I had a very honest and productive conversation about where the solitaire category stands today in this region and where it can realistically go. What struck me was the clarity of thinking and the genuine intent to build something meaningful, not just to stock a product, but to own the category in these markets. We have walked away with a clear plan, and I have full confidence that Gahana Gems & Jewels will be a defining name for solitaires across Gwalior, Guna, and Jhansi in the months ahead.”

Ajay Mangal, Owner, Gahana Gems & Jewels, said:

Ajay


“Partnering with Divine Solitaires is a decision rooted in long-term thinking. We see real, growing demand from our customers for natural diamond solitaires, and we now have the right partner, the right assortment strategy, and the right roadmap to meet that demand at scale. This alignment gives us a distinct edge, and we intend to build on it aggressively across all our markets.”

Divine Solitaires does not partner broadly; it partners purposefully. Across 200+ stores in 100+ cities, every collaboration is built on mutual commitment, category seriousness, and a shared vision for growth. Gahana Gems & Jewels has secured that partnership for Gwalior, Guna, and Jhansi, and with it, a first-mover advantage in markets where the solitaire consumer is ready and waiting.

For jewellers in these cities and beyond who are still on the sidelines, the landscape is quietly but unmistakably shifting. The retailers who are choosing to align with Divine Solitaires today are not just stocking diamonds; they are claiming category leadership. And in a market where trust, assortment, and brand association increasingly determine where the consumer walks in, that head start carries real commercial weight.

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