India, June 18 -- IPO-bound jewellery platform BlueStone is looking to raise fresh capital at a unicorn valuation of INR 11,500 Cr (around $1.15 Bn).

As per a document accessed by Inc42, BlueStone is inviting investors to infuse pre-IPO capital in the company, which will boost the company's valuation to more than $1 Bn. Besides, the company is aiming for an IPO valuation of INR 13,000 Cr.

The document further shows that BlueStone is offering this entry point to investors at 13% discount from its IPO valuation.

Inc42 has reached out to BlueStone for comments. The story will be updated based on the response.

Furthermore, BlueStone is expecting a 38% jump in its total revenue in FY25.

An ET report, citing sources, said that BlueStone's ...