Poonawalla Buys Ravi Varma Masterpiece for Rs 167 Crore at Mumbai Auction
Industrialist Cyrus Poonawalla bought Raja Ravi Varma’s 1890s masterpiece ‘Yashoda and Krishna’ for Rs 167.2 crore at a Saffronart auction. This sale sets a new record for modern Indian art. It more than doubled its pre-auction estimate and surpassed the previous record held by M. F. Husain’s ‘Untitled (Gram Yatra)’. Poonawalla Buys Ravi Varma Masterpiece