National News
Bluestone in talks with Peak XV Partners, Steadview Capital Think Investments for Pre-IPO Round
Bluestone, a jewellery brand, is in talks to negotiate an investment of around Rs 830 crore from Peak XV Partners, Steadview Capital, and Think Investments.
Bluestone, a jewellery brand, is in talks to negotiate an investment of around Rs 830 crore from Peak XV Partners, Steadview Capital, and Think Investments.
The pre-IPO round will combine share sales by early investors with new capital, aiming to value the omnichannel retailer at approximately Rs 7,500 crore ($900 million) before the infusion, as per the report.
Venture capital firm Peak XV Partners will reportedly invest around Rs 415 crore in the round. A source speaking to the Economic Times said, “Peak XV is in talks to lead the funding amid a wider inclination for venture funds to tap domestic brands and offline retailers.”
Further, some family offices via special-purpose vehicles might also reportedly participate in the round. The round is expected to be closed in the next few days.
In September 2023, Bluestone raised $65 million from a group of investors at a valuation of $410 million.
National News
IAGES Brings Together Accredited Gold Industry Stakeholders At Trust Circle 2026
Trust Circle 2026 Connects Gold Industry Stakeholders To Strengthen Trust, Transparency and Responsible Practices
The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector.
The event drew representatives from diverse segments of the gold ecosystem, including refining, bullion trading, manufacturing, assaying and hallmarking, retail and digital investment gold – reflecting the breadth of IAGES’s growing Accredited Partner network.
Cedrick Charles Crowley, Deputy High Commissioner of South Africa to India, attended as Chief Guest alongside Sachin Jain – Regional CEO India, World Gold Council and Kaushlendra Sinha – CEO, IAGES, lending an international perspective to the evening. Conversations through the evening centred on peer-to-peer dialogue, the evolving needs of the gold sector, and the role of consistent standards in strengthening the ecosystem – with stakeholders exchanging perspectives on what responsible practice looks like across different parts of the value chain.
Kaushlendra Sinha – CEO, IAGES said:

“Trust across the gold value chain is strengthened when stakeholders come together, share experiences and work towards a common understanding of excellence and responsible practices. Trust Circle was created to facilitate precisely this kind of industry engagement. The participation of our Accredited Partners reflects the value of coming together as an ecosystem, and we look forward to building on these conversations as the IAGES network continues to expand.”
As the Indian gold industry evolves, platforms that connect different segments of the value chain help encourage greater exchange of knowledge and best practices, and Trust Circle gave Accredited Partners the opportunity to build stronger professional connections within the network.
The evening concluded with cocktails and dinner, giving Accredited Partners and invited guests further opportunity to network.
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