Nishith Desai Associates (NDA) acted as legal counsel for Steadview, providing guidance on legal, tax, and regulatory issues. The team also handled negotiations, finalization of transaction documents, and the successful closure of the funding round.
Steadview Capital Mauritius Limited (“Steadview”) took part in Bluestone Jewellery and Lifestyle Private Limited’s pre-IPO fundraise of around INR 900 crores, alongside investors such as MIH Investments, Think Investments, and Peak XV. The funding round included both a primary capital infusion and a secondary share sale.
Bluestone, one of India’s largest digital-first fine jewelry brands, focuses on designing and selling a variety of handcrafted gold, diamond, and gemstone pieces. With an extensive online presence and over 200 experiential offline stores, Bluestone’s proprietary technology enables consumers to personalize their jewelry preferences from design through to delivery.
Team NDA consisting of Harshita Srivastava, Parul Jain, Arijit Ghosh and Sach Chabria acted as the transaction counsels for Steadview and advised them on legal, tax and regulatory aspects, including negotiation and finalization of the transaction documents and closing of the round.
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