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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

Gold and Silver Prices Display Mixed Trend In Domestic and Global Markets

Market Analysts Attribute The Softening In Domestic Gold Prices To Fresh Selling Pressure Driven By Expectations Of Tighter Monetary Policy.

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Gold and silver bullion markets experienced mixed trading patterns today. Domestic futures on the Multi Commodity Exchange (MCX) slid lower across both metals, while international markets on Comex saw gold post modest gains against a dip in silver prices.

Domestic Market Overview (MCX)

  • Gold Futures (December Contract): Opened lower at Rs 1,39,408 per 10 grams (down from a previous close of Rs 1,39,452) and further slipped to Rs 1,39,312 per 10 grams during active trading. This remains below the 52-week peak of Rs 1,80,779 per 10 grams reached earlier this year.
  • Silver Futures (December Contract): Initially opened higher at Rs 1,79,888 per kg (up from a previous close of Rs 1,79,698), but reversed gains to trade down Rs 1,816 at Rs 1,77,882 per kg. The metal is well off its earlier high of Rs 4,20,048 per kg.

International Market Overview (Comex)

  • Comex Gold: Rose to $3,948.60 per ounce (up $8.20 from the previous close of $3,940.40 per ounce), having opened at $3,940.80 per ounce.
  • Comex Silver: Softened to $49.29 per ounce (down $0.46 from the previous close of $49.75 per ounce), after opening at $49.82 per ounce.

Technical Analysis & Key Levels

Market analysts attribute the softening in domestic gold prices to fresh selling pressure driven by expectations of tighter monetary policy.

MCX gold saw open interest rise by 0.87% to 16,282 contracts alongside declining prices, signalling the creation of fresh short positions. Key technical support for MCX gold is placed at Rs 1,38,070; a breach below this mark could test secondary support near Rs 1,36,690

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