In this episode of PitchCraft Season 2, Gaurav Singh Kushwaha, Founder and CEO of BlueStone and Prashanth Prakash, Partner at Accel, revisit the 33-page idea-stage deck that launched one of India’s most enduring jewelry brands.
Back in 2011, BlueStone didn’t even have a website or sales to show. It only had a conviction that India’s jewelry market was ripe for disruption. Gaurav reflects on the choices that shaped the pitch: why jewelry was one of the few categories resistant to horizontal marketplaces, how consumer behavior was shifting from family jewelers to brands, and why design had to be the company’s moat.
Prashanth recalls why Accel took the leap at such an early stage: the scale of the opportunity, but more importantly, Gaurav’s clarity of thought and first-principles approach. From 3D renders that changed how jewelry was visualized online to home try-on that built trust, BlueStone redefined how Indians bought jewelry long before omnichannel became the norm.
Together, they unpack the original deck, the debates it sparked, and how its early insights on design, differentiation, and consumer trust, still anchor the company as it stepped into the public markets in 2025.
We’re looking for the next generation of successful Indian marketplaces. If you’re an early-stage marketplace founder, apply now here or learn more about the #DecodingMarketplaces Startup Hunt.
We’d love to hear about your experiences with marketplaces. Let us share our learnings and build a better and stronger ecosystem. Write to us at [email protected] to be a part of the Accel family.
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We’re building Passionfroot 1, an operating system for creators to manage their business.
We’re based in Europe and raised our $ 3.4m pre-seed round from Creandum and US angels such as Vlad (Webflow) and creators like Ali Abdaal.As we’re creating a new category and as the creator economy is global and mostly online, we’re building from Day 1 a global company and product that helps creators monetize around the world.
This brings a lot of complexities especially in terms of payments and taxes as our early users are based both in Europe and the US and deal with cross-border transactions.What are Do’s and Dont’s for European startups who have a global ambition and build products for a global customer base from Day 1. Anything you would do differently?
Thanks @pjbouten! Love how you’ve thought about incrementally shaping a category with a focus on product and service, and only then thinking about getting the message out there vs the other way around.
And totally agree on the distinctions and overlaps both self-serve and enterprise motions share.
Thanks, PJ, for taking the time to address questions from the great vantage of shaping Showpad into a global, enterprise SaaS brand!