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
Farah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
Celebrate The Bond Of Sibling Love With Timeless Jewellery
This Raksha Bandhan, Farah Khan Fine Jewellery presents a curated selection of timeless pieces that celebrate the enduring bond between siblings. The collection features thoughtfully crafted jewellery pieces designed to celebrate the bond of Raksha Bandhan and be treasured for years to come.
Crafted in precious gold and adorned with exquisite diamonds and gemstones, each piece blends modern elegance with fine craftsmanship, making it the perfect expression of love and appreciation.
As gifting becomes increasingly personal, fine jewellery continues to be a meaningful way to commemorate special relationships. This Raksha Bandhan, celebrate your sibling with a gift that reflects the beauty of your bond and creates memories that last a lifetime
Farah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
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National News54 minutes agoFarah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
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