Bluestone A Retail jewellery chain has raised $970 million in pre-initial public offering funding. Such a huge funding from other elite investors such as Peak XV Partners, Prosus, and Steadview Capital puts Bluestone in a good stead in its market entry. It intends to submit the paperwork for its IPO in the next few months.
The newly received funds will enable Bluestone to develop new services, increase the portfolio of services it provides, and become a stronger player on the market. The company has established and steady growth record and it is backed by some of the most credible investors that make it a worthy investment venture for prospective investors.
