1. News
July 21, 2016

Deals this week: BlueStone Jewellery and Lifestyle Pvt Ltd, Eve Sleep Ltd, Rockar Limited

Indian online jewellery retailer BlueStone Jewellery and Lifestyle Pvt Ltd has raised $30m in a series D funding round, which was invested in by Kalaari Capital Advisors P Ltd, RB Investments Pte Ltd. and IvyCap Ventures Advisors Private Limited.

Indian online jewellery retailer, BlueStone Jewellery and Lifestyle Pvt. Ltd., has raised $30m in a series D funding round, which was invested in by Kalaari Capital Advisors P Ltd, RB Investments Pte Ltd and IvyCap Ventures Advisors Private Limited.

IIFL Holdings Limited and Accel Partners Management LLP led the funding round, with gross proceeds being invested in developing more products and designs and strengthening the company’s presence.

UK-based online mattress retailer Eve Sleep Ltd has raised £6.9m ($9.14m) from a series B funding round, bringing the total amount raised by the company to £10m ($13.5m).

Octopus Ventures Ltd, DN Capital (UK) LLP and Commercial Growth Fund subscribed to the funding round. Proceeds will be used to expand the company’s marketing efforts in the UK.

Funding of £5m ($6.59m) was raised by UK-based automotive retailer, Rockar Limited, which plans to invest in augmenting partnerships with big automotive manufacturers. Part of the funds will be used for launching more digital stores and for developing the company’s technology platform.

Maven Capital Partners UK LLP and NVM Private Equity LLP provided the funding.

Quarto India Internet Pvt Ltd, an online used books seller based in India and operating as AbeRuk, has raised angel funding.

The funding was given by Hong Kong-based venture capital firm Swastika Company Pvt Ltd. Proceeds will be invested to expand AbuRek’s operations and seller base as well as improving the supporting technology for the business.

Canadian discount retail stores operator, Dollarama Inc., has announced the pricing for its C$525m ($405.19m) worth private placement of senior unsecured notes.

Due 22 July 2021, the notes will carry a coupon rate of 2.337%, payable semi-annually. The offering is expected to be closed by 22 July subject to customary closing conditions.

The net proceeds will be used to reduce debt and to fund general corporate expenses.