Avnish Anand has been promoted to Chief Operating Officer at CaratLane.

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CaratLane, a majority-owned online retailer by Titan Co., has appointed Co-Founder Avnish Anand as Chief Operating Officer. Anand, an industry veteran with over 18 years of experience, has been instrumental in CaratLane’s and the omni-channel business’s recent development.

As COO, Anand will lead CaratLane’s new opportunities by growing the core business, omni-channel strategy and build key partnerships to drive growth. He will play an important role in scaling up both domestic and international business.

Speaking on the appointment, Mithun Sacheti, Founder and Managing Director, CaratLane, said, “Avnish has a voracious appetite for new ideas and learning which has resulted in a robust understanding of our business which he employs to enable the entire team to exceed targets. We owe many of our product innovations to his entrepreneurial spirit, ownership, and willingness to experiment.”

Avnish Anand noted, “It’s been an exciting journey at CaratLane and I am thrilled to take on the new responsibility given to me. We’ve been working hard at constantly adapting and innovating in the changing environment to address the needs of the customer in the best possible way. As a result, we have been successful at creating our niche and identity in this industry. I am excited to lead the many upcoming ventures in our next phase of growth with a diligent and enthusiastic lot of employees here at CaratLane.”