The well-known Indian businessman Ratan Tata, who is the honorary chairman of the board of directors of the $ 100-billion Tata Sons holding, a conglomerate that includes a wide range of companies, from steelmakers to software manufacturers, acquired a stake in the jewelry online retailer Bluestone.
The volume of investments remains a mystery.
This is Tata's second investment in electronic commerce. Earlier, the businessman invested in Jasper Infotech Pvt. Ltd, which owns online store snapdeal.com, offering a wide range of products - from jewelry to kitchenware.
Bluestone is a vertically integrated online jewelery retailer with its own production facilities and delivery service. The company competes with one of the most famous online jewelery and diamond jewelry stores in India. CaratLane.com
At the moment, Bluestone's investors are venture capital funds Accel Partners, Kalaari and Saama Capital.
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