BlueStone raises Rs 60 crore

Online jewellery retailer BlueStone has raised Rs 60 crore in a second round of funding. Venture capital firm Kalaari Capital led the investment in this e-retailer along with existing investors Accel Partners and Saama Capital.

Gaurav Singh Kushwaha, Co-Founder, BlueStone, in a media interaction, said, “The funds will be used primarily for scaling up our marketing initiatives.”
 

BlueStone had raised Rs 30 crore nearly two years ago, within a few months of its launch. This e-retail offers an array ofmade-to-order model ‘lighter’ jewellery items including pendants, rings and earrings.