AstaGuru's South East Asian contemporary art auction crosses 15 crore mark; Murakami sells for 2.3 crore
Mumbai: The second edition of the South East Asian contemporary art auction saw an overwhelming response with 'Blue Flower' by renowned Japanese artist, Takashi Murakami, garnering the highest appreciation and selling at ₹2,39,02,929.
This particular oeuvre, that skillfully romances the contemporary Japanese art forms of Anime and Manga genre with the age-old art techniques perfected within Japan, saw its maiden representation on an Indian platform. The total sale for the evening was realised at ₹15,38,73,733.
The auction held between 22nd and 23rd August, 2019 showcased eminent artists from across South East Asia.
The collection saw a robust assortment of exemplary artefacts from Indian contemporaries such as Atul Dodiya, Bharti Kher, Anju Dodiya, Subodh Gupta, Jitish Kallat, NS Harsha, Nilima Sheikh, Mrinalini Mukherjee, Sudarshan Shetty, Gieve Patel, Valay Shende, Ravinder Reddy, Jayashree Chakravarty, TV Santhosh, Thukral & Tagra, Ranbir Singh Kaleka, Hema Upadhyay, Vibha Galhotra, Jagannath Panda, Dhananjay Singh, & Suryakant Lokhande amongst many more.
The SEA Contemporary Art Auction has served as an introductory platform into the Indian art market for noteworthy artists such as Takashi Murakami, Yue Minjun, Wang Guang-Yi, Li Tianbing, Ronald Ventura, Entang Wiharso and Young Deok Seo.
With works attracting interest from across the globe, deriving a major portion from the South Asian subcontinent, the sale welcomed bidders from more than seven countries.
For a background note about the hosts, the year 2008 was a turning point in the Indian Art realm as AstaGuru emerged as a safe and secure platform for online auctions of Contemporary & Modern Indian Art.
But the quest did not halt there, AstaGuru has enlisted vintage collectables and rare antiques such as sculptures, classic miniatures paintings, fine writing instruments, timepieces, celebrity memorabilia and aristocratic jewellery, to name a few, under its proud banner.
The word AstaGuru is a thoughtful conjugation of the word Asta, of Italian origin, which translates to ‘auction’ and Guru, Sanskrit connotation for ‘master’ that clearly indicates our distinguished finesse at being the leaders of auctioneering art and artefacts in India and globally.
With the advancement of the digital age and the world melting into one big virtual space, AstaGuru has perfected the art of bridging the gap between prospective buyers and consignors.