BlueStone

Bengaluru, India Founded: 2011 • Age: 15 yrs Listed
Subscription-based jewelry is provided by digital-first brand BlueStone.

About BlueStone

BlueStone is a publicly listed company based in Bengaluru (India) founded in 2011 by Gaurav Singh Kushwaha. It operates as a subscription-based jewelry is provided by digital-first brand BlueStone. It operates on a Direct-to-Consumer (D2C) and Subscription Box model. BlueStone has raised $254.97 million across 16 funding rounds from investors including IIFL Finance, SVB and BlackSoil. The company has 3,210 employees. BlueStone was last valued at $963.53 million in August 2024. Its chief executive is Gaurav Singh Kushwaha. Its website bluestone.com draws about 3.4 million monthly visits. Its Indian entity Bluestone Jewellery And Lifestyle Limited reported revenue of β‚Ή2,486 Cr. BlueStone offers products and services including Diamond Rings, Gold Earrings, and Mangalsutras. Its focus areas include Jewellery and Fine Jewellery. Its competitors include GIVA, CaratLane, Melorra, Aulerth and Gargi and 4 more; 6 of its 9 listed competitors have raised funding.

Company details

BlueStone is established as one of Indias largest e-commerce portals for fine jewellery, founded in 2011. The company is focused on integrating online and physical retail channels through an omnichannel approach. Operations are spread across over 80 cities with numerous retail stores nationwide. A wide range of certified jewellery designs, including gold, diamond, and platinum pieces, is offered. Categories such as rings, earrings, pendants, and mangalsutras are covered, catering to diverse customer needs for daily wear, special occasions, and gifting. Policies like lifetime exchange, buyback, and 30-day returns are implemented to enhance customer trust and convenience.

  • Headquarters Bengaluru, India
  • Employees 3,210
  • Founders Gaurav Singh Kushwaha
  • Stage Public
  • Sectors
    Retail
  • Website category Lifestyle · Jewelry and Luxury Products
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website bluestone.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Bluestone Jewellery And Lifestyle Limited
Key Metrics
  • Annual Revenue
    ₹2,486 Cr

    FY 2026 · +36% YoY

  • Net Profit
    ₹13.18 Cr

    FY 2026 · 1% margin

  • EBITDA
    ₹434 Cr

    FY 2026 · 17% margin

  • Total Equity Funding
    $254.97M (USD)

    in 16 rounds

  • Latest Funding Round
    $4.7M (USD), Debt – Conventional

    May 2025

  • Investors
  • Employee Count
    3,210

Products & Services of BlueStone

BlueStone offers a comprehensive portfolio of products and services, including Diamond Rings, Gold Earrings, and Mangalsutras.

Diamond Rings
Jewellery

Diamond rings are crafted for elegance and special occasions.

Gold Earrings
Jewellery

Gold earrings are designed for daily and festive wear.

Mangalsutras
Jewellery

Mangalsutras are created as traditional symbols of marital bond.

Apps and channels of BlueStone

BlueStone publishes 2 mobile apps with over 1M+ downloads; its YouTube channel BlueStone has 160K subscribers and 30 videos.

BlueStone Jewellery Online
Google Play Shopping Everyone Free
Developer: BlueStone Jewellery and Lifestyle Limited
View on Google Play
BlueStone Jewellery Online
App Store Shopping 4+
Developer: bluestone.com
View on App Store
BlueStone
YouTube 160K subscribers 30 videos Howto & Style
Open channel

Videos from BlueStone

The most watched videos on BlueStone's YouTube channel, BlueStone (160K subscribers). Click a video to play it here.

Time to Play | BlueStone
358.6M views
Pop Goes the Jewellery Box | BlueStone
171.1M views
Desert Dreams | BlueStone
10.1M views
A Love Story in Jewels | #OldSchoolLove by BlueStone
281.5K views

More on BlueStone.

Funding Insights of BlueStone

BlueStone has successfully raised a total of $254.97M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.7 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $254.97M
  • Total Rounds 16
  • Last Round Debt – Conventional β€” $4.7M
  • First Round $200,020

    (Oct 2011)

  • Investors Count 62

Latest 10 of 16 funding rounds of BlueStone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2025$4.7MDebt – Conventional––
Aug 2024$71.52MSeries D$963.53MPeak XV Partners, Prosus
Jun 2024$11.97MDebt – Conventional––
Mar 2024$9MDebt – Venture––
Sep 2023$70.62MSeries D$424.83MInfo Edge Ventures
Mar 2022$30MAngel Round$β€’β€’β€’β€’β€’Sunil Kant Munjal
Jul 2021$6.48MSeries C$β€’β€’β€’β€’β€’Innoven Capital, Accel
May 2020$1.95MSeries C$β€’β€’β€’β€’β€’Accel, 360 One
Apr 2019$4.85MSeries C$β€’β€’β€’β€’β€’Avanz Capital
Feb 2018$8.09MSeries C$β€’β€’β€’β€’β€’OBOR Capital
Valuation history
DateValuationStage
Aug 2024$963.53Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2023$424.83Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of BlueStone

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Last known valuation $963.53M (Aug 2024). 62 investors in total: 42 institutional and 20 angel.

Investors in BlueStone

BlueStone has secured backing from 62 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IIFL Finance, SVB and BlackSoil.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Tech companies are invested in by this venture capital firm.
1997prosus.comAmsterdam, Netherlands
Investment Firm
–thinkinvestments.comSan Francisco, United States
Private investment arm of Kris Gopalakrishnan Family Office.
2014pratithi.comBengaluru, India
Investments in multiple sectors are managed by AT Capital Group.
–atcapital.com.sgSingapore, Singapore
Sector-agnostic venture investment firm
–esyacapitaladvisors.tcc.mode-
Private debt and equity funds are managed for technology sectors.
–trifectacapital.inGurugram, India
Venture capital firm backed by Info Edge and Temasek
–infoedgeventures.inNoida, India
Venture capital investments in startups from leading Indian institutions across various sectors.
2011ivycapventures.comMumbai, India
A family-run private investment office based in Bengaluru, India.
–twinandbull.comBengaluru, India
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Investor details for BlueStone

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Board of directors of Bluestone Jewellery And Lifestyle Limited (BlueStone)

Bluestone Jewellery And Lifestyle Limited is the primary company behind BlueStone. The board of Bluestone Jewellery And Lifestyle Limited currently have 6 directors; the longest-serving is Prashanth Prakash, appointed in 2011. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prashanth Prakash
DIN 00041560
Director26 Oct 201114 yrs 11 moBluestone Jewellery And Lifestyle Limited
Gaurav Singh Kushwaha
DIN 01674879
Managing Director04 Apr 201214 yrs 6 moBluestone Jewellery And Lifestyle Limited
Rohit Bhasin
DIN 02478962
Director16 Aug 20242 yrs 2 moBluestone Jewellery And Lifestyle Limited
Neha
DIN 06380757
Director16 Aug 20242 yrs 2 moBluestone Jewellery And Lifestyle Limited
Rajesh Kumar Dahiya
DIN 07508488
Director16 Aug 20242 yrs 2 moBluestone Jewellery And Lifestyle Limited
Amit Jain
DIN 01613364
Director14 Sep 20261 moBluestone Jewellery And Lifestyle Limited

People of BlueStone

27 people are tracked at BlueStone (11 in leadership, 16 in team); the tracked headcount is 3,210.

NameRoleGroup
Founder & CEOLeadership
Priyanka Pathak
Senior Executive Assistant To The FounderLeadership
Piyush Jain
Sales DirectorLeadership
Vipin Sharma
Chief Merchandising OfficerLeadership
Rumit Dugar
CFOLeadership
Sudeep Nagar
COO & Co-FounderLeadership
Girish Sharma
Sales DirectorLeadership
Anubha Rustagi
City DirectorLeadership
Yoni Narodezki
Head Of Jewelry Visualization Art And DesignLeadership
Anushka Agrawal
Chief Of StaffLeadership
Mikhil Raj
Chief Product OfficerLeadership
Mohammed Roshan Zameer
Customer Service Support ManagerTeam
Kiran Chavan
Senior Information Technology EngineerTeam
Ankita Karmakar
Senior Sales ExecutiveTeam
Arpita Chattopadhyay
ManagerTeam
Aditya Mittal
Xcelerate Area Business ManagerTeam
Ayush Anand
Area Business ManagerTeam
Yogesh Yadav
Regional Sales Operations ManagerTeam
Alex Surya
Area Business ManagerTeam
Vivek Vyas
Area Business ManagerTeam

7 more people are available in the full profile.

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IPO & Listings of BlueStone

BlueStone is a publicly listed company on the NSE with ticker symbol BLUESTONE in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date19 Aug 2025
  • Listed onBSE: 544484 · NSE: BLUESTONE
  • Listed entityBluestone Jewellery and Lifestyle Limited
  • Exchange sectorRetail trade
  • ISININE304W01038
  • Share price₹777.75 (+0.94% on the day) · 2026-10-14
  • Market capitalisation₹11,756 Cr
  • Price to earnings200.7
  • EPS (diluted, trailing year)₹3.87
  • Volume (last session)297,522

Financials of BlueStone

Figures of Bluestone Jewellery And Lifestyle Limited, the primary company behind BlueStone, for FY 2026. Revenue was ₹2,486 Cr (+36% year on year). Net profit was ₹13.18 Cr (1% margin). EBITDA was ₹434 Cr (17% margin). Revenue has grown at a compounded annual rate of +47% over three years and +58% over five years.

  • ₹2,486 CrRevenue · FY 2026 · +36% YoY
  • ₹13.18 CrNet profit · 1% margin
  • ₹434 CrEBITDA · 17% margin
  • ₹15.24 CrPaid-up capital
  • 2,163Employees (provident fund records)
  • +47%Revenue CAGR, 3 years
  • +58%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025₹2,436 Cr₹14.8 Cr₹393 Cr
2024₹1,770 Cr-₹222 Cr₹77.6 Cr
2023₹1,266 Cr-₹142 Cr₹53.8 Cr
2022₹771 Cr-₹167 Cr-₹55.4 Cr

Balance sheet, profit and loss, cash flow and ratios of Bluestone Jewellery And Lifestyle Limited are on its company page.

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Detailed financial statements for BlueStone

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Timeline of BlueStone

6 dated milestones of BlueStone across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded BlueStone is founded.
  2. Funding First funding round of $200K.
  3. Milestone Reaches Minicorn status.
  4. Milestone Reaches Soonicorn status.
  5. Funding Latest funding round, Debt – Conventional, of $4.7M.
  6. IPO Lists on the stock exchange (IPO).

Competitors of BlueStone

BlueStone has 9 listed competitors in our database, 6 of them funded. They include GIVA, CaratLane, Melorra, Aulerth and Gargi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
giva.co2019Bengaluru, India$131.25M2,023
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
caratlane.com2008Chennai, India$57.88M1,564
Precious jewelry is offered online for men and women.
melorra.com2015Bengaluru, India$88.34M162
Precious jewelry is offered online by this internet-first brand.
aulerth.com2021Gurugram, India$1.34M10
Precious jewelry is offered through an online platform.
gargi.shop2021Pune, India–38
Jewellery including bracelets, anklets, and necklaces is offered online.
tribeamrapali.com2013Jaipur, India–91
Provides online sales of handcrafted traditional, tribal, and contemporary jewellery designs.
outhouse-jewellery.com2012Delhi, India–34
A brand specializing in fine jewelry products.
fourseven.com2012Gurugram, India$1.12M–
Online platform offering designer jewellery
palmonas.com2022Pune, India$6.44M22
Demi-fine gold-plated jewelry pieces are designed and sold.
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Detailed competitors of BlueStone

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Web traffic of BlueStone

The website of BlueStone (bluestone.com) receives about 3.4M visits a month and ranks #15,816 among all websites worldwide, #730 in Jewelry and Luxury Products.

  • Monthly visits
    3.4M
  • Unique visitors
    2M

    per month

  • Global rank
    #15,816

    among all websites

  • Category rank
    #730

    Lifestyle · Jewelry and Luxury Products

Similar websites

Websites whose visitors overlap most with BlueStone. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
caratlane.com
100%
5.1M#10,738View details
tanishq.co.in
85%
9.3M#8,155View details
candere.com
76%
4.1M#27,167View details
kalyanjewellers.net
75%
3.4M#25,706View details
malabargoldanddiamonds.com
72%
4.9M#13,281View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Fashion & Lifestyle E-Commerce

10 companies that operate in the same segment as BlueStone (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
Health-tracking smart rings and biosensors are developed for biometric monitoring.
2013Oulu, North Ostrobothnia, FinlandUSD 1.32 B––
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Related news about Bluestone

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Frequently Asked Questions about BlueStone

BlueStone was founded in 2011.

BlueStone is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Gaurav Singh Kushwaha is the current CEO of BlueStone. They have also founded this company.

BlueStone is a funded company, having raised a total of $254.97M across 16 funding rounds to date. The company's 1st funding round was a Series C of $8.09M, raised on Oct 2011.

BlueStone has 3,210 employees.

The primary company behind BlueStone, Bluestone Jewellery And Lifestyle Limited, reported revenue of β‚Ή2,486 Cr for FY 2026, up 36% year on year.

BlueStone is established as one of Indias largest e-commerce portals for fine jewellery, founded in 2011. The company is focused on integrating online and physical retail channels through an omnichannel approach. Operations are spread across over 80 cities with numerous retail stores nationwide. A wide range of certified jewellery designs, including gold, diamond, and platinum pieces, is offered. Categories such as rings, earrings, pendants, and mangalsutras are covered, catering to diverse customer needs for daily wear, special occasions, and gifting. Policies like lifetime exchange, buyback, and 30-day returns are implemented to enhance customer trust and convenience.

BlueStone's top competitors include GIVA, CaratLane and Melorra.

BlueStone offers Diamond Rings, Gold Earrings, and Mangalsutras.

Yes, BlueStone is publicly traded on NSE under the ticker symbol BLUESTONE.

BlueStone has 62 investors. Key investors include IIFL Finance, SVB, BlackSoil, Accel, and 360 One.

The valuation of BlueStone is $963.53M as of Aug 2024.

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