National News
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
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.”
National News
Hari Krishna Exports Celebrates 34 Years With 1.34% Anniversary Advantage and 931 Lifesaving Blood Donations
Hari Krishna Exports Celebrates Its Legacy Of Trust, Sustainability, and Social Impact.
Hari Krishna Exports Pvt. Ltd. (HK) celebrated its 34th anniversary by expressing gratitude to the customers, employees, industry partners, and communities who have been part of its remarkable journey.
To mark the milestone, the company announced a 1.34% Anniversary Advantage on every natural diamond purchase, thanking customers for their continued trust and partnership over the past 34 years.
As part of its commitment to society, Hari Krishna Exports organised blood donation camps across its Surat and Mumbai facilities, collecting 931 units of blood and taking its cumulative contribution to 22,794 blood donations.
The celebrations were attended by distinguished leaders from the gems and jewellery industry, government, banking, and business fraternity, including Abdul Salam, Vice Chairman of Malabar Gold & Diamonds; Dr. Bhushan Gaglani, IAS, Former Commissioner of the Brihanmumbai Municipal Corporation (BMC); Mehul Shah, Vice President of Bharat Diamond Bourse (BDB); Dinesh Lakhani, Director of Kiran Gems; Ghanshyam Shankar, Founder of Shivam Jewels; Ajaykumar Singh, Deputy General Manager, State Bank of India (SBI); along with several other eminent industry leaders.
Extending the celebrations beyond the workplace, the Group hosted “Master Your Health,” a special evening wellness seminar at Nehru Auditorium, where renowned wellness expert Atul Shah, Founder of Ojas Life, shared valuable insights on holistic living with members of the gems and jewellery industry, friends, and well-wishers of Hari Krishna Exports.
The anniversary celebrations were attended by distinguished leaders from the gems and jewellery industry, government, banking, and business fraternity.
Reflecting on the milestone, Shri Savjibhai Dholakia, Founder, Hari Krishna Exports Pvt. Ltd., said:
“Our greatest achievement is not 34 years of business, but 34 years of trust, teamwork, and relationships that continue to inspire our journey.”
Shri Ghanshyambhai Dholakia, Founder & Chairman, Hari Krishna Exports Pvt. Ltd., added:
“As we enter our 35th year, we remain committed to innovation, ethical business, sustainability, and creating lasting value for our customers, employees, and society.”
As Hari Krishna Exports steps into its 35th year, the company continues its journey with a clear focus on responsible growth, customer trust, and meaningful contributions to society.
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