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Yashoda and Krishna, Raja Ravi Verma. Image Courtesy/ Saffronart April 2026. Mumbai. The gavel falls at Saffronart's Spring Live Auction, and with it, every record in Indian art history is erased. Raja Ravi Varma's Yashoda and Krishna has sold for ₹167.2 crore, approximately $18 million, making it the highest-value work of modern Indian art ever sold at auction. The buyer? Cyrus S. Poonawalla, the Pune-based founder of the Serum Institute of India. Until this week, Poonawalla was better known ...Read More >
Saffronart auction in Delhi achieved a cumulative sales value of Rs 355.77 crore Painted in 1970, when artist VS Gaitonde had already gained repute as an abstractionist, an untitled canvas in yellow with translucent layers of ochre and subdued floating forms has fetched a staggering Rs 67.08 crore, becoming the second most expensive Indian artwork sold at an auction. Garnering nearly three times its higher estimate, the oil on canvas came under the hammer at Saffronart's 25th Anniversary live ...Read More >
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