T.S. Kalyanaraman
#1861

T.S. Kalyanaraman

India 79 years old Self-Made

Overview

Source of Wealth
Jewelry
Residence
Thrissur
Marital Status
Married
Children
3

Assets

  • Kalyan Jewellers
    567,550,000 shares @ -
    -
    543278-IN

Biography

T.S. Kalyanaraman is the managing director of Kalyan Jewellers, a gold jewelry chain with over 368 stores in India, 36 in the Middle East, and two in the U.S.

The business has its origins in a century-old textile store established in south India by his grandfather, who hailed from a family of Hindu priests.

Kalyanaraman worked in the family's textile trade from age 12 until 1993 when he started the jewelry chain.

Warburg Pincus invested in Kalyan Jewellers in 2014 and exited fully in 2024. The company got listed in 2021.

His sons Rajesh and Ramesh are executive directors on the company's board.

About

In August 2024, T.S. Kalyanarman bought an additional 2.4% stake in the company from Warburg Pincus.

He contributed $3 million to Habitat For Humanity India to build 2,000 homes for low-income families.