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
World Gold Council Launches Swarnim Udaan 2047: Unlocking The Full Potential Of Gold Towards Viksit Bharat 2047
Ambitious Vision Document Outlines A Long-Term Roadmap To Position Gold As A Strategic Driver Of India’s Economic Growth, Financial Resilience, Exports, Innovation and Advanced Manufacturing By 2047.
The World Gold Council has released a landmark vision document titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”, presenting an ambitious roadmap for the Indian gold industry. Developed with Monitor Deloitte as the knowledge partner, the report highlights the transformative role of gold in supporting India’s journey towards becoming a developed economy by 2047.
As India moves towards its US$30 trillion economy vision, the report positions gold as a strategic national asset capable of strengthening financial resilience, exports, innovation, responsible domestic value creation and advanced manufacturing. It further calls for coordinated policy and institutional action to unlock greater value across the entire gold ecosystem and enhance India’s global competitiveness.
-
National News2 days agoMaster Chains N Jewels Files DRHP With SEBI For ₹400 Crore IPO
-
ShowBuzz5 hours agoChandrashekhar Bawankule Inaugurates IIJS Bharat Premiere 2026; Industry Charts A Bold Roadmap For Global Growth
-
ShowBuzz4 hours agoNew FTAs, New Markets: IIJS Bharat Premiere 2026 Opens as India’s Jewellery Exporters Eye Fresh Global Access
-
BrandBuzz5 days agoKalyan Jewellers Unveils Akshaya Thanga Maligai (ATM) As Its First Regional Brand; Sivakarthikeyan Named Brand Ambassador

