Kalyan, headquartered in Thrissur (Kerala), is a leading manufacturer and retailer of jewelry in India, with a primary focus on gold and diamond products. Kalyan's product portfolio has a broad-based appeal, comprising mostly fast-moving, non-fashion jewelry that targets India's large base of mid-market consumers. Over the past two decades, the company has built a leading market position and a strong reputation with Indian consumers. Kalyan sells its products through its distribution network of 130+ owned stores across both India and the Middle East. The Company was founded in 1993 by its current Chairman, T.S. Kalyanaraman, with day-to-day operations being managed by his two sons, Rajesh and Ramesh. Warburg Pincus first invested in Kalyan in 2014.