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
Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
Tanvi Group successfully inaugurated NPIM 2026, India’s biggest Pre-IIJS exclusive jewellery preview, at the Bharat Ratnam Mega CFC, SEEPZ, Mumbai, bringing together leading jewellers, manufacturers and industry professionals under one roof.
The inauguration ceremony was graced by Aneesh H. Kumarr, Head – New Product Development, Novel Jewels, attended as the Chief Guest and officially inaugurated the event in the presence of Bipin Viradiya, Founder & Chairman, Tanvi Group & Family, and other industry dignitaries.
NPIM 2026 showcased an impressive range of new product innovations and exclusive jewellery collections from YUG, AARU, and Tanvi & Co. The preview offered visitors an early glimpse into the latest trends and designs set to make an impact at the upcoming IIJS Bharat Premiere 2026 exhibition.
The successful inauguration reaffirmed Tanvi Group’s commitment to creating a strong platform for innovation, business networking and industry growth ahead of one of the country’s largest jewellery trade exhibitions.
Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
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