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BlueStone to use major chunk of Rs 550 cr fundraise for store expansion: CEO, ET Retail

Bluestone: Commenting on the need for rapid fundraising, Kushwaha said, “Our business nature is such that we need to invest in inventory, for which, we need capital. The funds are mainly for balance sheet requirements…not for burning.”

Gaurav singh kushwahaAmit jainDeepinder goyalNikhil kamathRanjan paiRepresentative imageRepresentative imagenew delhiInfo edgeJewellery retailGaurav singh kushwahaStore expansionLuestone storeGold jewellery

The Pai-and-Kamath way to startup investing; and other top tech stories this week

Bluestone is only the latest in the list of investments by Pai and Kamath, but this marks the growing pace at which they are signing new cheques at a time mid-to-large scale startups are finding it hard to score new funding.

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Bluestone set to close Rs 550-crore funding; Nikhil Kamath to infuse Rs 100 crore

The latest round of funding for Bluestone comes after after Tata Group’s Titan acquired the stake of Mithun Sacheti, the founder of CaratLane, a rival omnichannel retailer

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Bluestone to secure Rs 550 cr funding, Nikhil Kamath to invest Rs 100 cr: Report

Bluestone, India's leading omnichannel jewellery retailer, is set to secure Rs 550 crore ($65 million) funding, with Zerodha co-founder Nikhil Kamath contributing Rs 100 crore, media reports said on Saturday.According to the reports, Gaurav .

New delhiGaurav singh kushwahaAmit jainRanjan paiDeepinder goyalNikhil kamathMithun sachetiSunil kant munjal hero groupManipal groupTata group titanInfo edge venturesTata groupSunil kant munjalHero group

Bluestone To Secure Rs 550 Cr Funding, Nikhil Kamath To Invest Rs 100 Cr: Report

Bluestone To Secure Rs 550 Cr Funding, Nikhil Kamath To Invest Rs 100 Cr: Report
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New delhiMithun sachetiRanjan paiAmit jainGaurav singh kushwahaNikhil kamathDeepinder goyalSunil kant munjal hero groupManipal groupTata group titanInfo edge venturesTata groupSunil kant munjalHero group