India: E-commerce beauty startup Nykaa seeks to raise $500m via IPO

India: E-commerce beauty startup Nykaa seeks to raise $500m via IPO

Photo: Nykaa

Indian e-commerce beauty company Nykaa plans to raise $500 million through its initial public offering (IPO), a source with direct knowledge of the matter told Reuters, becoming the latest homegrown startup to pursue a listing on the domestic bourses.

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