Gaurav Kushwaha founded BlueStone jewellery in 2011. The Bengaluru-based company has the rare privilege of securing the coveted personal investment of legendary Indian businessman Ratan Tata. He had founded his first website in 2006 when he was just 27. He also worked for Amazon for over four years before becoming an entrepreneur.
When he met Ratan Tata the first time in Mumbai, he wanted an investment from him. His wife had asked him to get a photo with Tata. It was Ratan Tata who started the talk with Kushwaha.
He said in an old interview that Ratan Tata has a charming personality.
He said Ratan Tata gave him just one piece of advice. He said Tata told him to concentrate on creating value for customers. He also asked him to always try and build something extraordinary -- product, service and culture. He said if these things are taken care of, customers will trust and connect with the entrepreneur. He said Ratan Tata was interested in the online part of the business.
Last year, Kushwaha's company raised 30 million dollars at a valuation of 410 million dollars.
He said last year in an interview that 90 percent of the customers shortlist products online but finish the purchase at an online store.
The company is aiming for a revenue of Rs 2000 crore next year.
The company's revenue in the financial year 2022 was Rs 476.6 crore.
