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
Sankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
The Frontal Perspective Honors The Holy Trinity—Brahma, Vishnu, and Maheshwara—Blending Divine Iconography With Modern Elegance.The Sculpture Intricately Incorporates 19 Gods and Goddesses, Symbolizing The Expansive Cosmic Realm Of Lord Vishnu
Marking a significant milestone in contemporary spiritual art, Sankesh Surana Studio announces the debut of Viśvaṃ Viṣṇuḥ, a bespoke contemporary interpretation of Lord Balaji. Serving as the centerpiece of the esteemed Ananta – Sacred Art Series, this four-foot-tall masterpiece is the culmination of nearly two years of meticulous conceptualization, design, and artisan craftsmanship
Conceived as an immersive, 360-degree sculptural narrative, Viśvaṃ Viṣṇuḥ offers a profound visual meditation on the cosmos.
Sankesh Surana, Founder- Sankesh Surana Studio said:
“With Viśvaṃ Viṣṇuḥ, our vision was to bridge timeless tradition with contemporary design, creating a piece that resonates deeply on both an aesthetic and spiritual plane.”
“The process was a long, painstaking journey of refinement, but the result is a holistic representation of the universe contained within a single artwork.”
Exclusivity has defined the creation of this landmark edition. Released as a strictly limited collection of just 27 fine art pieces, the entire series was fully acquired prior to its official debut.
Sankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
China and African Heavyweights Unite In Powerhouse Pact To Reshape $100b Natural Diamond Industry
From Google To Generative AI: Jewellery Industry Faces A New Digital Discovery Era
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From Google To Generative AI: Jewellery Industry Faces A New Digital Discovery Era
Sankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
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National News7 hours agoGold Prices Hold Steady In India, Limited Movement In Domestic Retail Gold Prices
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National News5 hours agoSankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
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DiamondBuzz5 hours agoChina and African Heavyweights Unite In Powerhouse Pact To Reshape $100b Natural Diamond Industry
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