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 Bluestone 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.