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AstaGuru raised funds through a strategic investment from Adar Poonawalla's family office, selling a 20% stake to enhance auction services.

Feb 06, 20259 months ago
MumbaiLegal TechCrmEnterprise SoftwareSaasSoftware

Investors

Adar Poonawalla

Description

AstaGuru, a premium auction house, has successfully sold a 20% stake to Adar Poonawalla's family office as part of a strategic investment. This move is expected to bolster its operations and enhance its service offerings in the auction market.

Company Information

Company

AstaGuru

Location

Mumbai, Maharashtra, India

About

AstaGuru was conceptualised in the year 2008 functioning as a safe and secure platform to conduct online auctions for 'Contemporary & Modern Indian Art'​, as well as vintage collectibles and rare antiques such as sculptures, classic miniatures paintings, fine writing instruments, timepieces, celebrity memorabilia and aristocratic jewelry. The word AstaGuru is a combination of ‘Asta’ which means auction in Italian and ‘Guru’ which indicates our mastery at conducting the same.

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