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Showing posts with the label NYKAA

Nykaa on its way to become the next billion-dollar Indian company

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Nykaa , an omni-channel retailer of beauty products, could well be on its way to become the next billion-dollar Indian company. The Mumbai-based start-up has raised Rs 100 crore from private equity firm TPG Growth at a valuation of $724 million, company filings sourced from business intelligence platform Paper.vc, showed. This means, in just six months, the company’s valuation has more than doubled. In September 2018, when Lighthouse Advisors invested Rs 113 crore to buy out early investor TVS Capital, Nykaa was valued at $330 million. Earlier, in 2018, the start-up had also raised Rs 160 crore through primary and secondary share sale. TPG comes in as the first large foreign investor in the company. As a growth-stage investor, TPG has backed several businesses in India including Lenskart, BookMyShow, Janalakshmi Finance and Manipal Hospitals. The round marks a renewed interest by investors in niche e-commerce firms, especially when some players in the beauty category are stru...

Winter lip care, hand care tips

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Winter is the time to take extra care of your lips and hands as they are more prone to dryness and rough surface so make sure you are neglecting these parts. Reena Chhabra, CEO, Nykaa(FSN) Brands Marketing Pvt Ltd doles out tips on how to take cae of your lips and hands. Tips for lips- Never brush or rub your lips with your teeth or fingers , create a natural exfoliator by mixing a few drops of Argan Pure cold pressed oil is mixed with one tablespoon of brown sugar for smoother lips. Honey is a great moisturiser for chapped lip. Simply apply honey on your lips, or make a paste of honey and glycerin and apply it before going to bed. Apply fresh milk cream on your lips and leave it on for 10 minutes. Then, gently wash your lips with a cotton ball dipped in lukewarm water. Do this daily to enjoy soft and pink lips. During this cold season, a lip care routine is crucial before going to bed. Wash your lips thoroughly with lukewarm water. Pat dry with soft clot...