Wednesday, 3 September, 2025
Warburg Pincus Eyes ₹800–850 Cr for 10% Stake in Kalyan Jewellers’ Candere
Global private equity firm Warburg Pincus is in talks to acquire a 10% stake in Candere, the lifestyle and online jewelry brand of Kalyan Jewellers, in a deal valued at around ₹800–850 crore. Part of the investment would come from shares bought from Kalyan Jewellers and partly through freshly issued equity to fund expansion. Candere—rapidly expanding its omnichannel footprint—will use proceeds to scale its franchise network across India.
Read full story at Economic Times