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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.

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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.

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This Ganeshotsav, Kushals Fashion Jewellery Brings Statement Jewellery To The Festive Wardrobe

Kushals Fashion Jewellery Unveils A Vibrant Ganeshotsav Edit Blending Traditional Artistry With Contemporary Festive Style.

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Ganesh Chaturthi is a celebration filled with colour, culture and beautiful traditions—and jewellery is an essential part of the festive dressing. Bringing together the richness of Indian artistry with contemporary festive styling, Kushals Fashion Jewellery presents its Ganeshotsav collection, an edit created for making a statement this festive season.

Inspired by the grandeur of temple jewellery and traditional Indian motifs, the collection puts Ganesha at the heart of its designs, alongside intricate peacocks, elephants, florals, paisleys and ornamental patterns. The pieces bring a sense of occasion to festive dressing while retaining the versatility to be styled in a contemporary way.

Crafted in 18K gold-plated fashion jewellery with a premium finish, the collection features statement necklaces, ornate jhumkas, naths, detailed rings and intricately designed bangles. Ruby and green coloured stones, pearls and colourful beads add pops of colour against the rich gold finish, giving the jewellery a vibrant yet sophisticated festive appeal.

The standout necklaces feature Ganesha motifs and temple-inspired designs, making them the highlight of any festive outfit. The jhumkas bring the same intricate detailing, while the statement rings and bangles offer an opportunity to mix, match and layer. From a single hero piece to a more maximal festive stack, the collection is designed to work with different jewellery moods.

For Ganesh pujas, family celebrations and festive get-togethers, the collection pairs effortlessly with sarees, suits, kurtas and contemporary ethnic attire. A statement necklace can transform a classic saree look, while layered bangles, statement rings or ornate jhumkas can add just the right amount of festive drama to a simpler outfit.

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