logo
Ananta Capital acquires majority stake in Rubans, one of India's fastest-growing fashion jewellery brand

Ananta Capital acquires majority stake in Rubans, one of India's fastest-growing fashion jewellery brand

Time of India04-08-2025
Ananta Capital has completed the acquisition of a majority stake in Fonte Fashions India Private Limited, the parent company of
Rubans
, a digitally native, fast-growing fashion jewellery brand redefining affordable luxury for Indian women.
Founded in 2017 by Chinu Kala,
Rubans
began as a single mall kiosk fueled by ambition and a deep understanding of India's evolving fashion sensibilities. In just a few years, it has grown into a leading name in the fashion jewelry space, blending contemporary aesthetics with Indian elegance to create a trend-first, high-impact brand that resonates with millions of style-conscious women across the country.
Speaking on the investment,
Ashutosh Taparia
, part of the Taparia family and Founder & Managing Partner of Ananta Capital, said:
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Villas Prices In Dubai Might Be More Affordable Than You Think
Villas In Dubai | Search Ads
Get Quote
Undo
'
Rubans is a rare blend of creative excellence and commercial agility — a brand that understands the pulse of the modern Indian woman. Under Chinu's dynamic leadership, Rubans has scaled with vision, resilience, and an innate sense of style. We are especially proud to welcome
Rubans
into the Ananta portfolio — a milestone that reflects our belief in backing bold, driven entrepreneurs who are reshaping the consumer landscape. We're excited to partner with Chinu and Amit as they lead Rubans into its next era of growth
.'
Sanjeev Taparia
, part of the Taparia family, added, '
India's appetite for curated, high-quality yet affordable jewellery is rising rapidly. Rubans is uniquely positioned to meet this demand. We see immense headroom for growth and are thrilled to back the brand's next phase of scale.
'
Live Events
Rubans plans to use the new capital to deepen its design and product innovation, and strengthen its omnichannel presence across leading marketplaces and offline touchpoints. Investments will also be made in marketing, community-building, and strengthening brand recall among new-age consumers.
Chinu Kala
, Founder of Rubans, shared, '
Rubans is not just a brand — it's a dream I've built brick by brick. Partnering with Ananta marks a powerful new chapter in that journey. Their deep understanding of consumer brands and long-term mindset makes them the perfect strategic partner as we scale Rubans into India's go-to destination for women's fashion accessories
.'
Amit Kala
, Co-founder of Rubans, added, '
This partnership is a validation of the hard work our team has put in and the brand loyalty we've built. With Ananta's strategic guidance and support, we're confident about taking Rubans to even greater heights.
'
Ananta Capital's investment in Rubans adds to its foray into the fashion/lifestyle space, having recently acquired a significant strategic investment in Bacca Bucci (a fast-growing D2C sneaker brand).
Backed by Mumbai-based Taparia Family, Ananta Capital has controlling investments in leading beauty and wellness brands such as Bellavita, Betteralt, ThriveCo, Bevzilla – all under the Guardian group. The Guardian Group also owns the Guardian Pharmacy chain and holds the India master franchise for GNC, a global nutritional supplements brand. The fund also owns a majority stake in prominent home furnishing brands - Sleepycat and Springwel. Additionally, Ananta Capital has invested in companies like Open Secret, Liquiloans, Stovekraft (exited), Pickrr (exited), Alivaa Hotels, and PG Electroplast (exited).
About Ananta Capital:
Ananta Capital
is a private equity firm headquartered in Mumbai. With a diverse portfolio and a track record of successful investments, Ananta Capital is committed to partnering with visionary entrepreneurs to unlock value and drive sustainable growth. Ananta Capital's portfolio includes Bellavita, Bevzilla, BetterAlt, Thrive Co., Springwel Mattresses, Sleepycat, Open Secret, Bacca
Bucci,
,
GNC India (Guardian Pharmacy) Pickrr (exited), Liquiloans, Stovekraft (exited), Alivaa
Hotels
and PG Electroplast (exited)
Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

High levels of Russian crude imports may not last forever, says govt
High levels of Russian crude imports may not last forever, says govt

Business Standard

time9 minutes ago

  • Business Standard

High levels of Russian crude imports may not last forever, says govt

The increased levels of Russian crude imports into India may not last forever, and public-sector oil refineries are, therefore, continuing with term contracts with other suppliers and regions for firm and optional volumes to secure the country's refinery requirement in case of any volatile market situation, the government has said. 'Prior to the Russia-Ukraine conflict, Russian crude oil was largely exported to Europe and China. The conflict and the resulting sanctions on Russian crude oil have resulted in increased flows of Russian crude into India due to attractive discounts,' the oil ministry told the parliamentary standing committee on petroleum and natural gas. The ministry was commenting on a recommendation by the panel on imports of crude oil from Russia according to the report of the panel tabled in Parliament today. The committee appreciated the government's decision to purchase crude oil from Russia and recommended that it should keep the energy security of the country in mind while taking decisions on the import of crude oil. India imports crude oil from various locations, including West Asia, Africa, North America, and South America. In 2021-22, the top six countries accounted for 80 per cent of the total crude imports, and the shipments from Russia were low. After the Ukraine-Russia conflict began, and economic sanctions were announced by the United Nations, the United Kingdom, the European Union, and the US, with the price cap imposed on Russia, India increased its Russian crude imports. The committee had earlier recommended an overall review of the policy on crude oil imports, including enlarging the Indian crude basket, diversifying the sources and types of crude oil, and implementing reforms in the pricing of crude oil to ensure energy availability at a reasonable price.

Tariff turbulence: Tanned hides, tug toys, trade sacks on Trump tightrope
Tariff turbulence: Tanned hides, tug toys, trade sacks on Trump tightrope

Business Standard

time9 minutes ago

  • Business Standard

Tariff turbulence: Tanned hides, tug toys, trade sacks on Trump tightrope

The second in a series focuses on Kanpur's leather hub, pet goods makers, and FIBC exporters walking a fine line under the weight of 50% US duties Kanpur Listen to This Article On an overcast and muggy Friday afternoon, this reporter was walking towards the office of Mohammed Saif, owner of Bestochem, a Kanpur-based company that supplies chemicals for curing and manufacturing leather at tanneries in the city and nearby Unnao. We had just shaken hands and sat down in his modest one-room office to discuss the possible impact of the US' 50 per cent tariff on leather exports when he said, 'Aap galat waqt pe aaye hain' (You have come at the wrong time). This reporter was puzzled. As the mind raced to find reasons why this was a bad time

Wagh Bakri Tea Group launches Royale blend
Wagh Bakri Tea Group launches Royale blend

Indian Express

time9 minutes ago

  • Indian Express

Wagh Bakri Tea Group launches Royale blend

The Ahmedabad-based over 130-year-old Wagh Bakri Tea Group on Tuesday launched the Royale blend, the group's first major product launch in the CTC, black tea category in nearly three decades. During the launch event, Wagh Bakri Tea Group Executive Director Paras Desai said that a month before the official unveiling, Royale was served at Wagh Bakri Tea Lounges in Gujarat, Mumbai, Pune, Bengaluru, Delhi-NCR, and Haryana, where customers embraced it 'wholeheartedly and praised its rich, satisfying experience'. Royale is crafted from '100% handpicked Assam tea leaves, combining high-grown long leaves with robust CTC teas. The result is a bold flavour, vibrant Kesari hue, and mesmerising aroma designed to satisfy discerning palates,' said a statement from the company. This blend will be priced at Rs 180 for 225 grams and Rs 360 for 450 grams. The rollout begins in Ahmedabad and Vadodara. 'Gujarat is home to Wagh Bakri. Starting here is a rational decision backed by our strong regional presence and robust distribution,' said Wagh Bakri Tea Group CEO Sanjay Singal. 'If you give quality to consumers, they will definitely come back,' he added. Singal noted that while Punjab and Jammu tops the list in per capita spending on tea, Gujarat and Maharashtra lead the premium tea segment. He added that the 'aspirational generation' is driving the premiumisation trend, with more customers willing to pay for superior products. 'Wagh Bakri Royale is our finest blend to date, a unique mix of tradition and innovation,' he said. With an annual turnover of Rs 2,000 crore and distribution of over 50 million kilograms of tea, Wagh Bakri has its roots in South Africa where Gandhian Narandas Desai started his first tea estate and launched it as the Gujarat Tea Depot.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store