Nykaa raises Rs.100 cr from existing investor Steadview Capital

0
76

Mumbai-based fashion and beauty e-commerce platform Nykaa announced it has raised ₹100 crore from existing investor Steadview Capital. Earlier, Nykaa had informed its vendors that it has suspended operations, shut down retail stores and offices amid lockdown, media reports said. It had also conveyed a delay in making payments of outstanding invoices due to impact on cash flow and income.

Source By Inshorts.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here