Jewellery e-tailer raises Rs 600 cr from investors: Media Report

Jewellery e-tailer has raised funds worth USD 10 million (over Rs 60 crore) from investors led by Kalaari Capital, reported PTI.

This is the second round of venture capital funding, which also saw participation from investors Accel Partners and Saama Capital.

"This investment speaks volumes of our business potential. A significant portion of the funds would be appropriated towards marketing and establishing BlueStone as the leading online jewellery store in the next two years," founder and CEO Gaurav Singh Kushwaha said in a statement.

"Bluestone as a fine jewellery brand resonates well with a new generation of online buyers who are looking for superior designs that can be customised and are in line with current fashion trends. Their home try on option and speedy delivery are setting new standards for personalised online commerce," Accel Partners Board member Prashanth said.

Read more about: jewellery, e tailer
Story first published: Wednesday, March 19, 2014, 9:10 [IST]
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