| 1. Mithun is the co-founder and managing director of India’s first online jewelry store, CaratLane. |
| 2. He is a certified gemologist from the Gemological Institute of America. |
| 3. Mithun hails from a wealthy family in Mumbai, with his parents founding Jaipur Gems in 1974. |
| 4. In 2000, he launched his own Jaipur Gems outlet in Chennai. |
| 5. In 2008, Mithun co-founded CaratLane, emphasizing affordable and accessible online jewelry. |
| 6. CaratLane's reach extended to physical stores in multiple cities like Bengaluru, Delhi NCR, and Hyderabad. |
| 7. Initially, Mithun catered to financially independent young successful women. |
| 8. In 2015, he expressed his intention to leverage the internet for wider customer reach and product discovery. |
| 9. The idea to establish CaratLane stemmed from a dinner conversation with businessman Rakesh Jhunjhunwala. |
| 10. Titan acquired majority ownership of CaratLane, and in 2023, Titan announced a further stake acquisition, leading Mithun's company to earn Rs. 4621 crores in cash. |
| 11. Following the acquisition, Titan became the holder of 98.28% shares in CaratLane. |
| 12. Mithun Sacheti occasionally enjoys alcoholic beverages. |
