Startup Atlas · D2C

BlueStone Listed Investor

BlueStone Jewellery and Lifestyle Limited Bengaluru, Karnataka Founded 2011 bluestone.com ↗

BlueStone is an omnichannel precious jewellery brand selling diamond, gold, platinum and studded jewellery through its website, mobile app and a pan-India network of physical stores. It went public on the NSE and BSE in August 2025.

Gaurav Singh Kushwaha · Founder & CEO Vidya Nataraj · Co-founder Sudeep Nagar · Co-founder (promoted from COO, Dec 2022)
$326.15 MnTotal funding (tracked)
9Funding rounds
11 Aug 2025Last round
2Tracked investments
Publicly listed · NSE:BLUESTONE
₹842.65 +4.63% BSE, as of 04 Sep 26 | 16:00

Valuation

P/E84.81
P/E · TTM184.11
P/B7.73

Returns

ROE2.12%
ROCE9.68%

Per share

EPS9.94
Book value108.99

Growth · year on year

Sales+37.92%
Profit+111.86%

Ownership

Promoter holding16.25%

Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.

41/100
Mixed Atlas Score — computed from 9 published figures
How this score is calculated
Measure Value Scores Source
P/E
What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall.
Computed on a different basis this reads 184.11, which would score 0/100. Scored on the figure shown.
84.81 0/100 BSE
P/B
Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons.
7.73 25/100 Market data
ROE
Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business.
2.12 0/100 Market data
ROCE
Return on capital employed — the same idea including debt, so it is harder to flatter with leverage.
9.68 25/100 Market data
Profit growth
Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do.
111.86 100/100 Market data
Sales growth
Year-on-year growth in revenue.
37.92 100/100 Market data
Revenue growth · filed
Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed.
35.20 100/100 Atlas
Profit trend · filed
Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one.
Swung to profit 100/100 Atlas
Promoter holding
How much of the company its founders and controlling group still own. Higher usually means their money moves with yours.
16.25 25/100 Market data

The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.

View BlueStone's live share price on Google Finance ↗

BlueStone: Funding Rounds

Date Round Amount Investors Source
11 Aug 2025 IPO $183.45 Mn source
14 May 2025 Debt $4.7 Mn Blacksoil Capital Caspian Impact Investments source
22 Aug 2024 Secondary $107.14 Mn Pratithi Investments Prosus Sequoia Capital India Steadview Capital Think Investments source
25 Jun 2024 Debt $12 Mn Neo Markets source
23 Sep 2023 Undisclosed $65 Mn Amit Jain Deepinder Goyal IIFL Info Edge Ventures Nikhil Kamath Ranjan Pai source
18 Jul 2016 Series D $30 Mn Accel IIFL IvyCap Ventures Kalaari Capital RB Investments source
9 Jul 2015 Series C $16 Mn Accel Dragoneer Investment Group IvyCap Ventures Kalaari Capital Saama Capital source
18 Mar 2014 Series B $10 Mn Kalaari Capital Accel Saama Capital source
24 Jan 2012 Series A $5 Mn Accel Meena Ganesh Saama Capital source

BlueStone: Recent Investments

DateCompanyRoundAmount
30 Jan 2025 CHK Seed $2.5 million
1 Nov 2024 CHK Pre-Seed ₹12 crore (~$1.3M) — month precision only (November 2024), exact day not disclosed

News on BlueStone

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FAQs on BlueStone

Who founded BlueStone?

BlueStone was founded by Gaurav Singh Kushwaha, Vidya Nataraj, Sudeep Nagar in 2011.

How much funding has BlueStone raised?

BlueStone has raised $326.15 Mn across 9 tracked funding round(s), most recently on 2025-08-11. Figures are compiled from cited public sources.

Who are the investors in BlueStone?

Investors in BlueStone include Blacksoil Capital, Caspian Impact Investments, Pratithi Investments, Prosus, Sequoia Capital India, Steadview Capital, Think Investments.

What does BlueStone do?

BlueStone is an omnichannel precious jewellery brand selling diamond, gold, platinum and studded jewellery through its website, mobile app and a pan-India network of physical stores. It went public on the NSE and BSE in August 2025.

Where is BlueStone headquartered?

BlueStone is headquartered in Bengaluru, Karnataka, India.

What is BlueStone's business model?

BlueStone's core value proposition centers on Design-led omnichannel jewellery, Digital-first DTC brand.

How does BlueStone make money?

BlueStone's cited revenue streams include Fine jewellery sales.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.bluestone.com www.bseindia.com · Last verified 5 Sep 2026. · Report a correction