BlueStone Appoints CarDekho CEO Amit Jain as Non-Executive Director, Replacing Sameer Dileep Nath
Jewellery retailer BlueStone has appointed Amit Jain, co-founder and CEO of CarDekho Group, as a Non-Executive Non-Independent Director on its board, effective September 14, 2026, with the appointment approved at the company's 15th Annual General Meeting held the same day.
Here's the context behind the change. Jain steps into the seat vacated by Sameer Dileep Nath, who retired by rotation after choosing not to seek re-appointment. As a governance-level appointment, this is a board addition, not an operating, executive or investment role, Jain will not take on any day-to-day management responsibilities at BlueStone. The filing also confirms he is not debarred from holding a directorship by SEBI or any other regulatory authority.
Jain brings a very specific kind of experience to the table. As co-founder and CEO of CarDekho Group, a company valued at around $1.2 billion spanning autotech, insurtech, fintech and mobility, he carries deep expertise in scaling digital marketplaces, consumer technology platforms, and product engineering, exactly the kind of perspective a fast-growing omnichannel retailer can lean on as it navigates its next phase.
The timing lines up with real business momentum. BlueStone added 12 new stores in Q1 FY27 alone, taking its network to 352 stores across 139 cities and reaching over 12,660 postal PIN codes nationwide, while posting Rs 737 crore in quarterly revenue, up 49% year-on-year, and actually swinging to a Rs 6 crore profit for the quarter. The company positions itself as India's second-largest digital-first omnichannel jewellery brand, competing directly with CaratLane, Tanishq, Kalyan Jewellers, Senco Gold, PC Jeweller and Thangamayil Jewellery.
From CarDekho's boardroom playbook to BlueStone's jewellery counters, Amit Jain's appointment is a quiet bet that consumer-tech thinking has a real role to play in how India's organised jewellery retail scales next.
#StartupNews #BlueStone #AmitJain #CarDekho #BoardAppointment #IndianStartups #JewelleryRetail
— Sandeep Raiza