Bangalore-based online jewellery startup, Bluestone, has raised around $16 Mn (INR100 Cr) in Series C round of funding from a group of investors led by IvyCap Ventures, Accel Partners and Dragoneer Investment Group. Its early investors Kalaari Capital and Saama Capital also participated in the round. Besides, Avendus Capital was brought in as advisor for this transaction.
Bluestone plans to utilize the infused funds for its marketing to build a strong and distinctive brand.
BlueStone is expanding its team to cater to the growing demand. With the current headcount of 250 employees, BlueStone plans to increase its team size across levels in the next six months.
Founded In: 2007
Founded By: Gaurav Singh Kushwaha and Vidya Nataraj