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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 Price Decline Prompts Opportunistic Buying

Investors exhibited caution toward silver , reduced silver allocations in favour of gold  bullion or ETFs with higher liquidity

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Gold recorded its steepest weekly decline in six weeks, driven by short-term profit-taking and a modest strengthening of the dollar and bond yields mid-week. Despite the weekly drop, the metal’s price remains within a near-term trading range supported by macro uncertainty.

In the india market The pullback prompted opportunistic buying — some investors used lower prices to add to positions, reversing part of the week’s losses. ETF inflows showed signs of stabilisation after earlier outflows, indicating renewed interest among long-term holders.

Jewellery retailers reported higher footfall after recent price reductions. Lower quoted gold rates translated into stronger consumer appetite for discretionary purchases, particularly for classic designs and small-ticket items. Promotions and flexible financing at stores amplified the rebound in foot traffic.

Investors exhibited caution toward silver: net positioning became more conservative as silver underperformed gold during the same period. Factors included greater volatility in industrial metals, weaker-than-expected industrial demand signals, and a perception of higher downside risk for silver.

Many investors reduced silver allocations in favour of bullion or ETFs with higher liquidity. Short-term traders trimmed exposure; longer-term investors retained small tactical holdings tied to industrial recovery scenarios.

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