Bluestone In Talks To Raise INR 830 Cr In Pre-IPO Funding: Report

Bluestone In Talks To Raise INR 830 Cr In Pre-IPO Funding: Report

SUMMARY

In its pre-IPO funding round, Bluestone plans a combination of share sales by early investors and fresh capital infusion

Peak XV is set to invest approximately INR 415 Cr ($50 Mn) in Bluestone

The round consists of a mix of primary and secondary transactions

Omnichannel jewellery brand BluestoneBluestone Datalabs_in-article-icon is currently in negotiations to secure an investment of approximately INR 830 Cr ($100 Mn) from Peak XV Partners, Steadview Capital and Think Investments.

In its pre-IPO (initial public offering) funding round, Bluestone plans a combination of share sales by early investors and fresh capital infusion, which is anticipated to value the omnichannel retailer at around INR 7,500 Cr ($900 Mn) pre-money, ET reported.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.