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
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
This Karwa Chauth, Palmonas presents its 9KT Gold Lab-Grown Diamond Collection, offering thoughtful gifting options for a celebration rooted in love and togetherness. Featuring mangalsutras and a mangalsutra bracelet, the collection brings together 9KT gold, lab-grown diamonds, and contemporary designs, making it a meaningful choice for those looking to mark the occasion with a piece of jewellery that carries personal significance.
The Endless Love Infinity 9KT Gold Lab-Grown Diamond Mangalsutra features an infinity-inspired pendant, symbolising an enduring bond and everlasting love. Set with sparkling lab-grown diamonds, its fluid silhouette brings a contemporary finish to a design rooted in the idea of continuity and commitment.
The Petalburst Glow 9KT Gold Lab-Grown Diamond Mangalsutra draws inspiration from the beauty of blooming flowers. Its floral pendant, detailed with radiant lab-grown diamonds arranged in a petal-like pattern, represents growth, new beginnings and blossoming love. The design balances delicate detailing with a refined, modern aesthetic.
Completing the collection, the Royal Circle 9KT Gold Lab-Grown Diamond Mangalsutra features a circular pendant defined by symmetry and intricate detailing. The balanced arrangement lends the design a sense of completeness, while its considered craftsmanship adds a touch of understated elegance.
Extending the collection beyond traditional necklace designs, the Sacred Heart 9KT Gold Lab-Grown Diamond Mangalsutra Bracelet offers a contemporary take on mangalsutra-inspired jewellery. Its delicate heart motif, paired with an infinity-inspired design, reflects the enduring nature of love. Subtle stone detailing adds a hint of sparkle, making it a minimal design suited to everyday styling.
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
First time In India, Golu Showcase Made Entirely Of Silver and Gold At Challani House Of Silver
MMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
First time In India, Golu Showcase Made Entirely Of Silver and Gold At Challani House Of Silver
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
MMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
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National News6 hours agoFirst time In India, Golu Showcase Made Entirely Of Silver and Gold At Challani House Of Silver
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National News6 hours agoMake Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
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National News8 hours agoMMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
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