Bluestone bags Rs 900 crore in pre-IPO round, to file draft papers this year

Bluestone, a jewellery retailer, completed a Rs 900-crore funding round, boosting its valuation to $970 million. Key investors included Prosus and Peak XV Partners. Kalaari Capital – one of the early investors in the Bengaluru-based firm – has earned about Rs 300 crore by selling a part of its stake.