BlueStone Appoints CarDekho CEO Amit Jain as Non-Executive Director

BlueStone appoints CarDekho CEO Amit Jain as Non-Executive Director after its 15th AGM.

By Entrepreneur Staff | Sep 17, 2026
CarDekho CEO Amit Jain

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Jewellery retailer BlueStone has appointed Amit Jain, co-founder and CEO of CarDekho Group, as a Non-Executive Non-Independent Director, effective September 14, 2026. The appointment was approved at the company’s 15th Annual General Meeting, replacing Sameer Dileep Nath, who retired by rotation and chose not to seek re-appointment.

Founded in 2011, BlueStone operates as a digital-first omnichannel jewellery brand through its online platform and offline store network. The company added 12 stores in Q1 FY27, taking its network to 352 stores across 139 cities, and now serves over 12,660 PIN codes, with nearly half its stores located in Tier II and Tier III markets.

In Q1 FY27, BlueStone’s operating revenue grew 49% year-on-year to ₹737 crore, and the company turned profitable with a net profit of ₹6 crore, compared to a loss of ₹35 crore in the same period last year. BlueStone competes in India’s organised jewellery market against CaratLane, Tanishq, Kalyan Jewellers, Senco Gold, PC Jeweller and Thangamayil Jewellery.

Jewellery retailer BlueStone has appointed Amit Jain, co-founder and CEO of CarDekho Group, as a Non-Executive Non-Independent Director, effective September 14, 2026. The appointment was approved at the company’s 15th Annual General Meeting, replacing Sameer Dileep Nath, who retired by rotation and chose not to seek re-appointment.

Founded in 2011, BlueStone operates as a digital-first omnichannel jewellery brand through its online platform and offline store network. The company added 12 stores in Q1 FY27, taking its network to 352 stores across 139 cities, and now serves over 12,660 PIN codes, with nearly half its stores located in Tier II and Tier III markets.

In Q1 FY27, BlueStone’s operating revenue grew 49% year-on-year to ₹737 crore, and the company turned profitable with a net profit of ₹6 crore, compared to a loss of ₹35 crore in the same period last year. BlueStone competes in India’s organised jewellery market against CaratLane, Tanishq, Kalyan Jewellers, Senco Gold, PC Jeweller and Thangamayil Jewellery.

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