Jigar Vyas appointed Chief Financial Officer at CaratLane
In this role, Jigar will be responsible for driving financial strategy, strengthening governance and ensuring capital efficiency
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Published: Jan 5, 2026 12:02 PM | 2 min read
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- CaratLane has appointed Jigar Vyas as its new Chief Financial Officer (CFO) to lead finance operations and support the company's growth in India.
- Jigar Vyas brings over 16 years of experience in business finance and commercial strategy, having previously held senior roles at ITC Ltd, Nielsen, and SUGAR Cosmetics.
- In his new role, he will focus on shaping CaratLane's financial strategy, improving governance, and ensuring efficient capital use as the company expands.
- Vyas is recognized for his structured leadership style and data-driven decision-making, aiming to align financial decisions with long-term business goals while maintaining transparency.
CaratLane has announced the appointment of Jigar Vyas as its new Chief Financial Officer (CFO). In this role, he will lead the company’s finance operations and support its next stage of growth as CaratLane continues to expand its omni-channel presence across India.
Jigar brings more than 16 years of professional experience in business finance, commercial strategy, and operations. During his career, he has worked with both large companies and fast-growing startups, gaining experience in managing finance functions in consumer-focused businesses. Before joining CaratLane, he held senior roles at ITC Ltd, Nielsen, and SUGAR Cosmetics, where he led teams and handled multiple business portfolios.
Commenting on his new role, Jigar Vyas said that CaratLane has built a strong reputation by focusing on innovation and customer needs. He added that he looks forward to working with the leadership team to strengthen the company’s financial systems, support sustainable growth, and help create long-term value as the brand continues to grow.
At CaratLane, Jigar will focus on shaping the company’s financial strategy and improving governance and internal controls. He will also work on ensuring efficient use of capital as the company expands. In addition, he will collaborate with the leadership team to align financial decisions with the company’s long-term business goals while maintaining transparency and financial discipline.
Throughout his career, Jigar has worked in areas such as sales finance, financial planning and analysis, capital management, and cost optimisation. He has also helped organisations improve governance practices and manage expenses more efficiently.
With a strong focus on data-based decision-making and teamwork across departments, Jigar is known for his structured leadership style. His experience is expected to help CaratLane manage growth effectively while maintaining strong financial control.
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