This funding round will more than double ominchannel jewellery retailer Bluestone s valuation from around $450 million in September 2023. Bengaluru-based Bluestones pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Groups CaratLane deal where Titan bought out the founders (Mithun Sacheti) stake last year.
Happy Wednesday! Omnichannel jewellery startup Bluestone is nearing unicorn status with a potential $100-million pre-IPO investment. More on this in todays ETtech Morning Dispatch.
Bluestone Unicorn: This funding round will more than double ominchannel jewellery retailer Bluestone s valuation from around $450 million in September 2023. Bengaluru-based Bluestone’s pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Group’s CaratLane deal where Titan bought out the founder’s (Mithun Sacheti) stake last year.