Announced
Completed
Financials
Tags
Completed
jewelry
Single Bidder
retail chain
Private
Domestic
Minority
Acquisition
Specialty Retailers
India
Friendly
Synopsis
Sunil Kant Munjal, Hero Enterprise Chairman, led a $30m funding round in BlueStone Jewellery, an operator of an online and offline jewelry retail chain. BlueStone will use the funding to ramp up its manufacturing capabilities and to accelerate its pan-India rollout. BlueStone will also use the investment to strengthen its omnichannel presence and to provide a ‘seamless and user-friendly experience’ for its customers, said the jewellery brand.
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