Liquidity Events
IvyCap, Accel and 360 ONE sell jewellery chain BlueStone’s shares worth Rs.243-Cr
Investors IvyCap Ventures, Accel, and 360 ONE have offloaded 46.4 lakh shares of the Bengaluru-based omnichannel jewellery brand BlueStone in multiple open-market transactions for about INR 242.8 crore.The divestment saw IvyCap Ventures sell 26.04 lakh shares for INR 136.7 crore, while 360 ONE, through its 360 ONE Special Opportunities Fund, sold 10.6 lakh shares for INR 55.1 crore. Accel offloaded 9.8 lakh shares for INR 51 crore. The shares were sold at an average price of INR.523.08 a piece, representing a 0.9% discount to the stock's closing price on the BSE on the previous day.
Between Jan 2012 and May 2025, BlueStone.com had attracted about $ 320 M from Accel India, Kalaari Capital, Saama Capital, Ratan Tata, InnoVen Capital, Dragoneer Investment Group, IvyCap Ventures, 360 ONE, Iron Pillar, RB Investments, Obor Capital, AT Capital, Hero Enterprises, Info Edge, MEMG Family Office, NKSquared, Trifecta Capital, Peak XV Partners, Pratithi Investments, Prosus Ventures, Steadview Capital, Think Investments, BlackSoil Capital, Caspian Advisors and others. The company went public in Aug 2025, as part of which Accel India, Hero Enterprises, Iron Pillar, Kalaari Capital, Saama Capital made a partial exit from the company for $82 M.For FY25, BlueStone.com had reported about INR 1,770 Cr in Operating Income and about INR 219 Cr in Net Loss.
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