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Mithun Sacheti Biography: Age, Career, Family and More

Quick Info

Date of birth26 January 1978

Age45 (as of 2023)

BirthplaceMumbai, India

ProfessionBusinessman

NationalityIndian

Marital statusMarried

SpouseAnjali Rawat Sacheti

FamilySon - Raghav Sacheti; Daughter - Mira Sacheti; Father - Padam Sacheti; Mother - Manju Sacheti; Brother - Siddharth Sacheti

Mithun Sacheti Biography

Mithun Sacheti is an Indian entrepreneur and gemologist best known as a cofounder of CaratLane, an online jewellery marketplace that later became part of T

Early life and background

Mithun Sacheti was born on 26 January 1978 in Mumbai, India, and grew up in a family with established roots in the jewellery business. His parents founded Jaipur Gems in Mumbai in the 1970s, and the family’s connection to the trade influenced his later career choices. He studied commerce at Sydenham College in Mumbai and went on to earn management credentials from the Indian Institute of Management, Bangalore. He also trained as a certified gemologist at the Gemological Institute of America.

Career

Sacheti began his professional journey within the family’s jewellery environment and opened his own Jaipur Gems outlet in Chennai around the year 2000. Building on that retail experience, he co-founded CaratLane in 2008 with the intention of bringing jewellery retail to the internet.

CaratLane was conceived to serve a growing market for accessible, affordable jewellery sold online, targeting young, financially independent women as an early customer segment. Under Sacheti’s leadership the business combined an online-first approach with a network of physical stores in multiple Indian cities, including Bengaluru, Delhi NCR, Hyderabad, Coimbatore, Chennai and Mumbai. The company emphasized product discovery and convenience through digital channels while maintaining a brick-and-mortar presence.

CaratLane’s growth attracted significant corporate interest. Titan, a large Tata Group company that sells watches and jewellery, became a major investor and later increased its ownership stake. In 2016 Titan acquired 62 percent ownership from previous investors. In August 2023 Titan announced the purchase of an additional 27.18 percent stake in CaratLane, bringing its total ownership to 98.28 percent. Following that transaction, Sacheti and CaratLane reportedly received a substantial cash consideration from the deal.

Public profile

Mithun Sacheti is known to peers and friends by the nickname Micky. He has described his own route from shopkeeper to entrepreneur, explaining that expanding online provided a way to reach more customers and present a wider range of products to shoppers in their homes. He has also spoken about an influential dinner with investor Rakesh Jhunjhunwala, which he has said helped persuade him to start CaratLane.

Sacheti combines formal business training with technical knowledge of gemstones. His education includes a gemologist certification and an IIM Bangalore qualification, and he has expressed personal interests in travelling and reading books related to jewellery.

Personal life

Mithun Sacheti is married to Anjali Rawat Sacheti. The couple have two children: a son, Raghav, and a daughter, Mira. His immediate family includes parents Padam and Manju Sacheti and a brother, Siddharth Sacheti, who is also involved in business. He is based in Mumbai.

Latest updates

In 2023, Titan’s further acquisition of CaratLane shares increased the company’s ownership to more than 98 percent. That transaction was reported as one of the larger founder exits in India’s e-commerce and retail space, and it generated a major cash payout to Sacheti and associated parties. As of 2023, Sacheti was 45 years old and continued to be identified with CaratLane as its cofounder and managing director.

Physical characteristics and preferences

Sacheti has black hair and black eyes. He lists emerald as a favourite gemstone and the pear cut as a preferred diamond shape. He has mentioned enjoying the song Piano Man by Billy Joel and identifies a fondness for the character Shohoi Juge. He has also said he drinks alcohol occasionally.

Editorial Review and Sources

This F4U profile is written from publicly available career and profile information, then reviewed for clarity before publication. If you spot an outdated detail about Mithun Sacheti, send the page URL and a reliable correction source to f4udotin@gmail.com.

Reference context: StarsUnfolded

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Recent Work

CaratLane (cofounder, managing director)

Cofounded and led CaratLane, an online-first jewellery marketplace that expanded into physical stores across India and whose majority ownership was later acquired by Titan.

2008
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Career Highlights

  1. Cofounder and managing director of CaratLane
  2. Certified gemologist from the Gemological Institute of America
  3. Education from Indian Institute of Management, Bangalore and Sydenham College
Reviewed by F4U Editorial Desk

F4U profile pages are prepared from public career information, checked for readability, and updated when reliable correction sources are shared with the editorial team.

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Frequently Asked Questions

When was Mithun Sacheti born?

Mithun Sacheti was born on 26 January 1978.

What is Mithun Sacheti known for?

Mithun Sacheti is known for businessman.

What is Mithun Sacheti’s marital status?

Mithun Sacheti's marital status is listed as Married.

Who is Mithun Sacheti married to?

Mithun Sacheti is publicly listed as married to Anjali Rawat Sacheti.