Nykaa IPO raised 53.50 billion rupees. The company is valued at about US$800 million, according to sources close to the matter which made the CEO of Nykaa the Wealthiest self-made woman billionaire in India.
Nykaa went public in May 2018 and announced it had filed for a $200 m initial public offerings (IPO) on Nykaa you can buy shares of Nykaa online through its platform, which launched its own investment vehicle last month. Nykaa CEO Falguni Nayar said that going forward they would be looking at introducing private labels across categories such as skincare, cosmetics, and fragrances too.
“We have been market leaders when it comes to our product portfolio but we didn’t want this business to just be a Nykaa brand,” she said. It was valued at about US$800 million, according to sources close to the matter.
Nykaa went public in May 2018 and announced it had filed for a $200 m initial public offerings (IPO) on Nykaa you can buy shares of Nykaa online through its platform, which launched its own investment vehicle last month
