Why are Indians choosing BlueStone over their family jeweller? | ₹8000 Crore strategy revealed! Why are Indians choosing BlueStone over their family jeweller? | ₹8000 Crore strategy revealed!
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Why are Indians choosing BlueStone over their family jeweller? | ₹8000 Crore strategy revealed!


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Why are Indians choosing BlueStone over their family jeweller? | ₹8000 Crore strategy revealed! by Sandeep Jethwani

Gaurav Kushwaha, ex-Amazon engineer and founder of BlueStone, reveals how he built an ₹8,000 crore jewellery brand despite zero prior industry experience. In this candid conversation, he unpacks the business strategy behind BlueStone’s omnichannel pivot, their design-first edge, and the consumer shifts that made the brand a national favourite—especially among India’s young, mobile population.

Highlights

  • Industry selection: Why Gaurav chose jewellery over other large categories
  • Financial beginnings: His debt-laden early journey and risk appetite
  • Growth engine: BlueStone’s online-to-omnichannel transformation
  • Consumer insight: Design drives buying — not price or convenience
  • Distribution shift: Migrant populations and nuclear families as key markets
  • Lab-grown diamonds: Why India may remain immune to the US trend
  • Capital crunch: Cutting burn by 80% to survive the offline pivot
  • Omnichannel strategy: Car buying analogy and customer behaviour cues

Gaurav Kushwaha | Founder, BlueStone

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