Amazing numbers - and shows how the value of Indian art has shot up over the last decade...and another example of where the business ideas come from...
"Driven by what they call a “personal passion” for art, the Vaziranis started Saffronart to combat problems they faced as young art collectors. “When we went out to buy art, we found two things difficult,” said Ms. Vazirani, 39, the president of the company and a former management consultant. “One was trying to figure out the price of a work, because you could walk into two different galleries and have a work by the same artist, in similar size and from a similar period, priced quite differently, sometimes as much as 30 to 35 percent. The other part we found hard was getting access. You might go into a gallery but you weren’t necessarily shown the best work.”
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