Mr. Sayan Chakraborty,Signtific India
Sayan Chakraborty's crystal company, Signtific India, hit a â¹200 crore valuation in its latest funding round, making it one of the impactful players in the industry.
The Kolkata startup positions itself as India's biggest organized crystal brand. Last year, it pulled in â¹70 crore in revenue while shipping to customers in the US, UK, and UAE through signtific.world.
The inception of Signtific's story lies in COVID, when Sayan's restaurant business collapsed. Instead of giving up, he turned towards the crystals, a market he saw was broken.
"Trust is the biggest problem in this business," he says. "People don't believe what they're buying online is real. That's why we opened our Experience Centre here in Kolkata. They can touch and feel everything before they buy."
The Experience Centre idea worked. While competitors stayed online-only, Signtific let customers walk in and examine products firsthand. The company mixes healing crystals with Indian heritage themes and recently started making luxury watches with crystal elements.
Scientific's success also cements Sayan's position as one of India's most versatile entrepreneurs, as his previous restaurant ventures were acquired after he appeared on Shark Tank India. Running restaurants taught him how to handle one of India's toughest business sectors, lessons he's now using to scale Signtific.
The â¹200 crore valuation puts Signtific ahead of every other Indian crystal brand. No competitor comes close to this size or investor backing. The company plans to enter the Middle East and European markets within two years. Sayan wants to hit a â¹1,000 crore valuation in five years through international expansion and new product lines.
At 29, Sayan Chakraborty has joined India's small club of self-made millionaires under 30. Scientific's growth shows how entrepreneurs can build wealth by fixing problems in overlooked markets. The brand runs profitable operations while growing month-over-month. The business combines online sales with the physical Experience Centre, a model that's working in both local and global markets.
India's crystal market stays mostly informal, consisting of small vendors without organization or scale. Signtific's success in building a proper business suggests room for more consolidation.
For Eastern India's startup scene, this growth proves Kolkata companies can compete nationally and globally. Sayan's success attracts the kind of investor attention usually reserved for Bangalore, Mumbai, and Delhi startups. The new funding will pay for more inventory, international shipping setup, and additional experience centres in major Indian cities.