India: Online cosmetics player Nykaa in talks to raise $11.5m in fresh round

India: Online cosmetics player Nykaa in talks to raise $11.5m in fresh round

Nykaa, a leading player in the online Indian beauty and cosmetics space, is in talks to raise Rs75 crore in a new round of funding that could see the company being valued at almost Rs3,000 crore, two people aware of the development said.

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