India: Fashion & beauty retailer Nykaa to raise $15m, expand private label

India: Fashion & beauty retailer Nykaa to raise $15m, expand private label

Credit: Flickr/epSos.de

Nykaa.com, run by FSN Ecommerce Ventures Pvt. Ltd, is eyeing a near three-fold jump in revenue and is looking to expand its private label offering, as the online retailer of fashion and beauty products looks to turn profitable in the next 10-12 months.

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