BlueStone - About the company
BlueStone is a public company based in Bengaluru (India), founded in 2011 by Gaurav Singh Kushwaha. It operates as a Retailer of gold diamond platinum and gemstone jewellery and coins. BlueStone has raised $255M in funding from investors like Accel, Kalaari Capital and Iron Pillar. The company has 77 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Eternz, eJohri and Annaigoldcovering.
Company Details
Retailer of gold diamond platinum and gemstone jewellery and coins. This business provides various accessories including rings earrings pendants bangles bracelets necklaces and chains. It offers products crafted from precious metals and stones for men women and children. The inventory includes items for daily wear and special occasions. Customers can purchase gold coins in different weights and purities. The business maintains an online store and physical retail outlets to facilitate product sales. It provides services related to the exchange and buyback of jewellery items.
- Website
- www.bluestone.com/
- Social
- Email ID
- *****@bluestone.com
- Phone Number
- +91 **********
- Registered Address
- SITE NO.89/2 LAVA KUSHA ARCADE MUNNEKOLAL VILLAGE, OUTER RING ROAD, MAR, ATHAHALLI, Bangalore, BANGALORE, Karnataka, India, 560037
Key Metrics
Founded Year
2011
Location
Bengaluru, India
Stage
Public
Total Funding
$255M in 16 rounds
Latest Funding Round
Ranked
1st among 77 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,693 as on Apr 30, 2026
Exit Details
Public
Legal entities associated with BlueStone
BlueStone is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLUESTONE JEWELLERY AND LIFESTYLE LIMITED CIN: L72900KA2011PLC059678 , India, Active | Jul 22, 2011 | ₹1,000+ Cr (As on Mar 31, 2025) | 2835 (As on Apr 01, 2026) |
BlueStone's IPO details
BlueStone got listed on Aug 19, 2025.
Click here to take a look at BlueStone's IPO in detail
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BlueStone's funding and investors
BlueStone has raised a total funding of $255M over 16 rounds. Its first funding round was on Oct 16, 2011. Its latest funding round was a Conventional Debt round on May 14, 2025 for $*****. 2 investors participated in its latest round. BlueStone has 42 institutional investors and 23 angel investors.
Here is the list of recent funding rounds of BlueStone:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 14, 2025 | 4100077 | Conventional Debt | 5025121 | 4092370 | 8776328 | 2225677 |
Aug 22, 2024 | 3833121 | Series D | 1689375 | 4044831 | 6364641 | |
Jun 24, 2024 | 5815881 | Conventional Debt | 3662777 | 8493627 | 1211058 |
Access funding benchmarks and valuations. Sign up today!View details of BlueStone's funding rounds and investors
BlueStone's founders and board of directors
Founder? Claim ProfileThe founders of BlueStone is Gaurav Singh Kushwaha. Gaurav Singh Kushwaha is the CEO of BlueStone.
Here are the details of BlueStone's key team members:
- Gaurav Singh Kushwaha: Co-Founder & CEO of BlueStone and founder of 1 other company. They are also an angel investor in 5 startups and serve on the boards of 3 companies.Contact Info: 1 phone number
BlueStone's Board of Directors
BlueStone's board has 5 active members. Gaurav Singh Kushwaha and Sameer Dileep Nath are part of team and Neha Kant, Prashanth Prakash and Rohit Bhasin are independent board members.Here is the list of BlueStone's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
wlgghia | Team | - | Past | 1y 5m |
Investor | Iron Pillar | Current | 9y 10m | |
Independent board member | - | Current | 1y 9m | |
gwxtexo | Independent board member | - | Current | 1y 9m |
frtvk{q | Independent board member | - | Current | 8y 3m |
View details of BlueStone's Founder profiles and Board Members
BlueStone's employee count trend
BlueStone has 1,693 employees as of Apr 26. The total employee count is 10.0% more than what it was in Apr 25. Here is BlueStone's employee count trend over the years:
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BlueStone's Competitors and alternates
Top competitors of BlueStone include Eternz, eJohri and Annaigoldcovering. Here is the list of Top 10 competitors of BlueStone, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Retailer of gold diamond platinum and gemstone jewellery and coins | $255M | 83/100 | ||
2nd | Online platform offering fast-fashion jewelry | $3.47M | 58/100 | ||
3rd | Online marketplace offering precious jewelry | $2.43M | 40/100 | ||
4th | Annaigoldcovering 2018, Chennai (India), Unfunded | Platform offering gold-plated jewelry and accessories | - | - | 31/100 |
5th |  Anantham Precious 2015, Mumbai (India), Unfunded | Designer and retailer of fine solitaire diamond and gold jewellery | - | - | 29/100 |
6th |  Smd Business 2015, Delhi (India), Deadpooled | Platform offering jewelry | - | - | 28/100 |
7th | Online store for diamond jewellery and solitaires | - | - | 27/100 | |
8th | RockRush is a luxury jewelry brand that exclusively offers high-quality, lab-grown diamonds in a range of elegant designs, catering to the growing demand for sustainable and ethical fine jewelry | - | - | 27/100 | |
9th | Designer and retailer of demi-fine jewelry | - | - | 27/100 | |
10th | Manufacturer of handcrafted terracotta and fashion jewellery | - | - | 26/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on BlueStone's competitors? Click here to see the top ones
BlueStone's Latest cap tables and shareholding
Founders own 17.77%, Funds (largest shareholder) own 64.33%, Enterprises own 3.41% and Angels own 6.15%. The net worth of BlueStone's founders is INR 1,430Cr as of Sep 10, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 17.77% | 1,430Cr | 1035491 | 3583212 | 6000539 | 8544375 |
5085500 | 7016626 | 9252272 | 1226470 | 6740830 | 1658201 | |
Fund | 64.33% | 5,190Cr | 4475859 | 2041329 | 6685959 | 5342162 |
1912 | 9147 | 4084 | 7566 | 5264 | 3518 | |
158 | 740 | 508 | 518 | 198 | 377 | |
8 | 3 | 4 | 5 | 5 | 5 | |
Enterprise | 3.41% | 275Cr | 264 | 576 | 714 | 854 |
Angel | 6.15% | 496Cr | 336138 | 745708 | 838908 | 551316 |
Other People | 0.01% | 1.16Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 7.67% | 619Cr | 8631008 | 6338865 | 8483089 | 9700665 |
Other Investors | 0.65% | 52.1Cr | 0 | 0 | 0 | 0 |
Total | 100.00% | 8,060Cr | 6780657 | 1688105 | 9968897 | 2081993 |
To unlock detailed Cap Table of BlueStone Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of BlueStone's Shareholding
BlueStone's Investments and acquisitions
BlueStone has made 3 investments including Ethera, CHK and CHK. BlueStone has not made any acquisitions as of now.Here is the list of its investments:
Reports related to BlueStone
Here is the latest report on BlueStone's sector:
News related to BlueStone
Filter this listMedia has covered BlueStone for a total of 23 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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BlueStone grants ₹11-Cr ESOPs ahead of growth push, strengthens employee incentive strategyBusiness Review Live•Apr 17, 2026•BlueStone
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BlueStone reports milestone quarter with INR 71.5 crore positive PATThe Tribune•Jan 23, 2026•BlueStone
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Bluestone Jewel Consolidated September 2025 Net Sales at Rs 513.63 crore, up 37.57% Y-o-YMoneycontrol•Nov 05, 2025•BlueStone
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Bluestone Q1 loss narrows to Rs 34.7 crore, revenue rises 41% to Rs 492.7 croreMoneycontrol•Sep 04, 2025•BlueStone
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