BlueStone - About the company
BlueStone is a public company based in Bengaluru (India), founded in 2011 by Gaurav Singh Kushwaha. It operates as a Digital-first brand offering subscription-based jewelry. BlueStone has raised $255M in funding from investors like Accel, Kalaari Capital and Iron Pillar. The company has 228 active competitors, including 13 funded and 2 that have exited. Its top competitors include companies like GIVA, CaratLane and PALMONAS.
Company Details
Digital-first brand offering subscription-based jewelry. The categories includes gold, platinum, diamonds, and gemstones. The product catalog includes bangles, bracelets, rings, earrings, chains, pendants, nose pins, watches, cufflinks, studd, mangalsutras, charms and more.
- Website
- www.bluestone.com/
- 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
2nd among 228 active competitors
Annual Revenue
₹1,830Cr as on Mar 31, 2025
Employee Count
4,102 as on Apr 30, 2025
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 | $216M (As on Mar 31, 2025) | 2233 (As on Aug 01, 2025) |
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 43 institutional investors and 23 angel investors.
Here is the list of recent funding rounds of BlueStone:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 14, 2025 | 2047011 | Conventional Debt | 7548920 | 1387395 | 6292601 | 6647211 |
Aug 22, 2024 | 2038961 | Series D | 8075036 | 2612443 | 8830791 | |
Jun 24, 2024 | 5693932 | Conventional Debt | 4100051 | 3573832 | 9933029 |
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 4 startups and serve on the boards of 3 companies.Contact Info: 1 phone number
BlueStone's Board of Directors
BlueStone's board has 2 active members. Vikram Gupta and Sameer Nath are part of team.Here is the list of BlueStone's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
dauolhn | Team | - | Past | 8y 3m |
lfyebdi | Team | - | Past | 3y 5m |
ubcqhbi | Team | - | Past | 1y 5m |
Investor | IvyCap Ventures Advisors | Current | 10y 7m | |
Investor | Iron Pillar | Current | 9y 7m | |
fjcmt{l | Investor | bccuewd | Past | 2y 2m |
Independent board member | - | Current | 1y 6m | |
fpygjih | Independent board member | - | Current | 6y 8m |
uwdacxk | Independent board member | - | Current | 3y 6m |
r{zvncw | Independent board member | - | Past | 7y 8m |
View details of BlueStone's Founder profiles and Board Members
BlueStone's employee count trend
BlueStone has 4,102 employees as of Apr 25. The total employee count is 30.0% more than what it was in Apr 24. Here is BlueStone's employee count trend over the years:
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BlueStone's Competitors and alternates
Top competitors of BlueStone include GIVA, CaratLane and PALMONAS. 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 | Online retailer of gold, lab-grown diamond, and silver jewellery | $133M | 85/100 | ||
2nd | Digital-first brand offering subscription-based jewelry | $255M | 84/100 | ||
3rd | Internet-first brand offering precious jewelry products for men and women | $57.9M | 75/100 | ||
4th | Online retailer of demifine jewellery crafted with gold and silver | $19.3M | 70/100 | ||
5th | Internet-first brand offering precious jewelry | $88.3M | 53/100 | ||
6th | Online retailer of high-quality silver jewelry | - | - | 52/100 | |
7th | Internet first brand offering jewellery | - | 47/100 | ||
8th | Internet first brand of diamond Jewelry | - | - | 43/100 | |
9th | Online retailer of loose gemstones and gemstone-set jewelry pieces | $53.2K | - | 43/100 | |
10th | Designer and retailer of fine silver jewellery | - | - | 40/100 |
Looking for more details on BlueStone's competitors? Click here to see the top ones
BlueStone's Investments and acquisitions
BlueStone has made 3 investments including Ethera, CHK and CHK. BlueStone has not made any acquisitions as of now.Here is the list of its investments:
Reports related to BlueStone
Here is the latest report on BlueStone's sector:
News related to BlueStone
Media has covered BlueStone for a total of 25 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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BlueStone grants ₹11-Cr ESOPs ahead of growth push, strengthens employee incentive strategyBusiness Review Live•Apr 17, 2026•BlueStone
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BlueStone reports milestone quarter with INR 71.5 crore positive PATThe Tribune•Jan 23, 2026•BlueStone
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Bluestone Jewel Consolidated September 2025 Net Sales at Rs 513.63 crore, up 37.57% Y-o-YMoneycontrol•Nov 05, 2025•BlueStone
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Wehandle raises R$ 36 million with Canary to triple in sizeFusoes & Aquisicoes•Sep 09, 2025•Wehandle, Quartzo Capital, Valutia, Onevc and 8 others
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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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BlueStone IPO: Prosus, Info Edge holdings soar; Accel, Kalaari Capital exitMoneycontrol•Aug 20, 2025•Info Edge Ventures, Prosus, IvyCap Ventures Advisors, Accel and 2 others
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