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Nykaa planning a $3 billion IPO in 2021: Report

Online-beauty-turned-omnichannel-lifestyle-retailer Nykaa, which entered the unicorn club with a $13 million funding from exisiting investors, is all set to launch its IPO in 2021.The startup founded by Falguni Nayar, a former investment banker, is working with advisers to prepare...

Fidelity invests in retailer Nykaa through secondary transaction

Omnichannel retailer Nykaa on Thursday said global asset manager Fidelity has invested in the company through a secondary sale of shares by existing investors and employees. According to a PTI report: The city-based company, which had achieved ''unicorn'' status through...

Morgan Stanley slashes Flipkart valuation 3rd time in 6 months

Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has once again marked down its estimate of the company's valuation. The markdown has come for the third consecutive time in the past six months. Morgan Stanley...

US- based Fidelity raises Flipkart’s valuation

Fidelity Rutland Square Trust II, a mutual fund investor in Flipkart, has marked up the valuation of India’s largest e-commerce company by 2.7 per cent to $84.29 per share in May, against a value of $82 apiece in February,...

PC Jeweller to raise up to Rs 257 cr from Fidelity for expansion

P C Jeweller recently announced that the company will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion. In May, the firm had raised Rs 427 crore from DVI Fund...
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Korean skincare brand Skin1004 enters India with Tira

The products will be available for purchase online through the Tira app and at  select Tira stores Bengaluru: Korean skincare brand...
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