Indian online beauty retailer Nykaa.com raises raises $9.5m from multiple investors

Visual from the company website

Online beauty and wellness retailer Nykaa.com has raised $9.5 million from multiple investors, including the family offices of Marico Industries chairman Harsh Mariwala and Hexaware Technologies Ltd chairman Atul Nishar.

Falguni Nayar, founder of FSN E-Commerce Ventures Pvt. Ltd, that runs Nykaa.com, confirmed the transaction but did not reveal the amount of stake bought by the investors.

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