Adar Poonawalla acquires 20% stake in online auction house AstaGuru
07 Feb 2025

Adar Poonawalla, a well-known art and fine collectibles aficionado, has made a strategic investment via his family office to buy around 20% stake in AstaGuru.

Founded in 2008, the online auction house offers a safe platform to trade Indian and international art and high-end collectibles.

This move is in line with Poonawalla's vision of building an ecosystem that allows people across the globe to access and appreciate these unique items.

Investment aims to boost AstaGuru's global presence
Expansion plan

The investment from Poonawalla's family office is expected to significantly boost AstaGuru's presence in domestic and international markets in the coming years.

The partnership also aims to build an ecosystem that enhances the digital experience through AI-powered research.

This move is viewed as a major step toward revolutionizing the luxury auction industry.

Poonawalla's vision for Indian art on global platform
Art promotion

Poonawalla's partnership with AstaGuru stems from his ambition to take Indian art to the world. As the niche market of digital art expands, this collaboration seeks to redefine the luxury auction space.

The end goal is not just to build lasting legacies for collectors and artists but also bring lasting value to stakeholders in this one-of-a-kind industry.