CaratLane, a TATA product and one of India’s leading omni-channel jewellery retailers, has appointed Jigar Vyas as Chief Financial Officer (CFO).
In his new role, Vyas will oversee CaratLane’s finance function, with responsibility for financial strategy, capital efficiency, governance, and internal controls. He will work closely with the leadership team to support the company’s next phase of growth while maintaining financial discipline.
Vyas brings over 16 years of post-qualification experience spanning FMCG, retail, consumer technology, and media, with deep expertise across corporate finance, commercial finance, fund-raising, investor relations, internal audit, taxation, legal and secretarial functions.
Before joining CaratLane, he was associated with SUGAR Cosmetics, where he served as Vice President – Corporate Finance and earlier as Vice President – Business Finance. During his tenure, he played a key role in fund-raise initiatives, investor management, treasury, audits, cash flow management, FP&A, automation-led process improvements, and revenue finance.
Prior to SUGAR Cosmetics, he held senior leadership roles at Nielsen as Director – Operational Controller for South Asia, overseeing financial operations across India, Sri Lanka, Bangladesh, and Nepal. He has also been associated with BARC India as Vice President – Finance and worked with Rivigo in financial controlling and due diligence.
Vyas began his career with ITC Limited, where he spent more than six years across internal audit and commercial finance roles, and has also worked with Reliance Communications early in his professional journey.



