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Posts Tagged ‘ Bluestone ’

Exclusive: Jewellery e-tailer Johari Shop goes omni-channel, gets angel funding

Monday, February 27, 2017 | More »

Johari Shop
Jewellery e-commerce marketplace Johari Shop has raised $94,000 (Rs 62.5 lakh) from three angel investors, including a diamond exporter and a high net-worth individual, to power its omni-channel efforts. The company will invest the capital to work on its omni-channel strategy that would start with t...

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Bluestone narrows revenue gap with Caratlane

The race for supremacy in the online jewellery retailing segment has tightened, with the gap in revenue of the top two players—Caratlane and Bluestone—halving in the last financial year. Carat Lane Trading Pvt Ltd, which runs Caratlane.com, posted a 9.5% increase in net sales to Rs 131.8 crore f...

16 February, 2017 | More »

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Online jewellery marketplace VivoCarat raises seed funding

Online jewellery marketplace VivoCarat.com has raised $50,000 (Rs 33.8 lakh) in seed funding from a group of individual investors. The names of the investors were not divulged by the startup. The corpus raised will be used for product development, team building, and marketing, the company said in a ...

19 December, 2016 | More »

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Powerhouse Ventures, others invest $500K in online jewellery marketplace Joolz

Mumbai-based GemSwipe Ltd, which runs online jewellery marketplace Joolz, has raised $500,000 (Rs 3.3 crore) in a pre-Series A funding round led by Powerhouse Ventures and M&S Partners. Other investors including Ah! Ventures; Deepak Kasthwal, former CFO of Ola; PKX Thomas, former technology head...

16 August, 2016 | More »

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Online jeweller BlueStone gets $30 mn from IIFL, Accel, others

Bangalore-based jewellery e-tailer BlueStone has raised $30 million (Rs 200 crore) in a fresh round of investment led by financial services firm IIFL Holdings Ltd and Accel Partners. Kalaari Capital, RB Investments and IvyCap Ventures also invested in the Series D round, Bluestone Jewellery and Life...

18 July, 2016 | More »

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Exclusive: Keiretsu Forum, others to invest $450K in customised online jewellery brand AuGrav

AuGrav, a Coimbatore-based startup that designs and sells personalised precious jewellery to end-customers and retailers, is in talks with the Chennai chapter of global angel network Keiretsu Forum and others to raise close to $450,000 (around Rs 3 crore) in seed investments. The startup wants to in...

14 July, 2016 | More »

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Bluestone versus Caratlane: Who’s winning the battle?

Until a few years ago, hardly anyone in jewellery-crazy India would have thought of buying the precious items online. But two startups changed the game. Bluestone and Caratlane not only proved that people do buy costly gold and diamond jewellery online but also attracted funding from marquee investo...

8 June, 2016 | More »

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After backing Snapdeal, Ratan Tata invests in jewellery e-tailer BlueStone

Ratan Tata, former chief of Tata Group and currently chairman emeritus of group’s holding company Tata Sons, has invested an undisclosed amount in Bangalore-based Jewels Online Distribution India Pvt Ltd, the company behind online jewellery retailer BlueStone, said a Times of India report quot...

11 September, 2014 | More »

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Jewellery e-tailer Bluestone claims monthly GMV of Rs 4Cr, looking at offline presence

Bluestone.com, an online jewellery store run by Bangalore-based Jewels Online Distribution India Pvt Ltd., claims to be selling up to 120 units a day with an average order value of Rs 12,000. Founded in February 2012, Bluestone is backed by Accel Partners and investor K Ganesh. It raised its last r...

26 March, 2013 | More »

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Jewellery e-tailor Diamondere wants to crack the US market, seeks to raise funds

While many still consider selling jewellery online a risky proposition, its market potential is huge, considering that jewellery is one of the largest selling products on eBay India. And while there are a number of players already operating in the space, a new one has quietly made its entry in the f...

10 October, 2012 | More »