The auction industry in India has been undefeated even through world crisis like the pandemic. One of its pioneers, SaffronArt’s Spring Auctions turned quite a few eyes back in April 2022.
Here are two of the paintings that were auctioned at record-breaking values.
Raja Ravi Varma’s Draupadi Vastraharan sold for ₹21.6 crores (US$ 2.88 million), becoming the second-highest price achieved by the artist in auction globally.
Mehta’s Untitled (Bull on Rickshaw) sold for ₹41.97 crores (US$ 5.59 million), achieving world record for his works in auction and second-most expensive work of Indian art sold globally.
Founded in 2000 by Minal and Dinesh Vazirani, SaffronArt is a leading international auction house, and India’s most reputed, with over three hundred auctions to its credit. Its flagship gallery is in Mumbai, with offices in New Delhi, London, and New York. At the forefront of selling Indian art, SaffronArt has held online and live auctions, exhibitions, and Dialogues in Art, working with collectors, gallerists, and artists to develop a strong market for art and aesthetics. Its focus is to bring transparency to the auction process and provide easy access and information to collectors around the world.
Images via SaffronArt.
Words by Akanksha Maker.
