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Indian Beauty E-tailer Nykaa Sets IPO Date, Acquires DTC Skincare Brand

Founded in 2012, Nykaa’s platform lists more than 1,200 brands ranging from makeup, skincare to health supplements and hair dryers. Shutterstock
Founded in 2012, Nykaa’s platform lists more than 4,000 brands ranging from makeup, skincare to health supplements and hair dryers. Shutterstock. (Shutterstock)

The Mumbai-based platform for personal care products will launch its initial public offering on Oct. 28 to raise up to 52 billion rupees (around $695.8 million), a source told the

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