From government working on pricing of the coronavirus vaccine to decks being cleared for Container Corporation privatisation, here are top headlines this morning
It is targeting $ 1 billion in GMV by 2025 (from around $ 75 million) based on Goldman Sachs discussions with the company's top brass sometimes ago
The cosmetics startup is backed by TPG
Deliberations are ongoing and details of the offering including the size and timeline could change
Several ecommerce and digital payments companies are looking for public listing over next two years
Nykaa, an Indian retailer of beauty, wellness and fashion products, noted that eyeshadow had moved from their 'Top 5' to 'Top 3' category during the lockdown period
CEO Falguni Nayar says in an interview to Viveat Susan Pinto that consumers continue to focus on essentials
Nykaa was started in 2012 by Falguni Nayar. It has raised $93.3 million excluding the lastest fund infusion by Steadview Capital
Awards announced for nine other categories; Adi Godrej gets Lifetime achievement award
It is no longer about digital versus offline retail, or about creating an omnichannel brand
Lakme, Biotique and online retailers Nykaa, Flipkart learn to speak in many tongues, hope to appeal to first-time users on digital media
Keen to convert first-time users into avid online shoppers, e-commerce platforms rethink the digital experience
The cosmetics player plans to add 40 stores, and diversify offerings
Fashion retailer raises Rs 100 crore from TPG Growth; valuation surges more than 2-times in just six months at $724 million
Janhvi Kapoor will appear in digital, television and print advertising campaigns and play an active role in creating social media content for Nykaa
The company, which at present has 22 outlets across the country, is looking at opening 180-200 Nykaa stores in the next 4-5 years
Nykaa is looking to expand its portfolio with the launch of exclusive brand partnerships and increase its offline footprint to 90 stores across India by 2020
The 'watch and buy' feature allows customers to add products to bag in real time, eliminating the need to search for the products after the video is over
Beauty retailer Nykaa has closed its series D investment round of Rs 1.65 billion. This includes both primary investment and secondary exit of some early stage investors. The funding will help to fund growth capital as well as expand the retail footprint of the brand. For the financial year 2017-18, Nykaa reported a net revenue of Rs 5.70 billion as compared to Rs 2.14 billion inFY17. The company expects to be profitable in FY19. Many of the early stage investors including Sunil Kant Munjal, Chairman, Hero Corporate Service P Ltd, the family offices of Harsh Mariwala and Dalip Pathak, private equity veteran have reinvested in this round amongst others."The focus of Nykaa has always been customer centricity resting on curation, content and convenience. Advice, education and conversations with our customers are key elements of Nykaa's philosophy and we have recently launched Nykaa Network to build on our consumer centricity. We offer the best assortment and information needed to make ...
It currently retails more than 850 beauty brands on its website/app