Franchiseindia.com:
CaratLane, an online diamond jewellery store seeks franchisees to strengthen its retail business pan-India. It is planning to add at least eight franchisees by end of financial year 2011-12 in cities like Bangalore, Pune, Hyderabad, Chandigarh or Jalandhar etc apart from other metros.
The retail franchise model of the company offers unique low investment opportunity including elements of an online business and a physical retail presence. The format of the franchised store would be that of a shop-in-shop or kiosk format. The franchisee would require initial investment of Rs 2 to 2.5 lakh and area of 800-1000 sq.ft. The company already has couple of franchised outlets in Mumbai, Delhi and Chennai.