Leader Biography
  • Home
  • Famous Personalities
    • Entreprenuers
    • Actors
    • Politicians
    • Sports
  • Trending Personalities
  • Head to Head
No Result
View All Result
Leader Biography
No Result
View All Result
Leader Biography

Surge in Nykaa’s Valuation, company raises $14 million from TPG Growth

by Leader Biography
May 16, 2025
in Trending Personalities
0
Nykaa

Nykaa, a multi-brand retailer of beauty and wellness products based in Mumbai, has recently raised $14 million (Rs 100 crore) from the middle market and growth equity fund TPG Growth. With this, the company’s valuation has been raised to $724 million, as per the regulatory filings sourced by business signals platform Paper.vc. It has entered into competition with the marketplaces such as Amazon and Flipkart along with LimeRoad and Myntra in the category of fashion e-commerce.

Hitesh Malhotra, Chief marketing officer of Nykaa stated that the company will announce the development in a day or two including the planned allocation of the capital raised.

“Nykaa appears to be on track to joining Asia’s unicorn ranks. TPG Growth’s investment gives it a spectacular jump in the post-money valuation of Rs 5027 crore ($724 million). The raise comes after a long hiatus in institutional investment in the cosmetic platform,” said Paper.vc Founder Vivek Durai.

Started in the year 2012 by Falguni Nayar, Nykaa has allotted around 2,83,287 shares. Along with Sunil Kant Munjal who invested Rs 30 crore in 2016 in the startup, Nykaa has a number of backers, including TVS Shriram Growth Fund (invested Rs 25 crore in 2015), along with various angel investors like corporate lawyer and Founder and Managing Partner of AZB & Partners Zia Mody who invested Rs 1 crore in 2014.

Considering the company’s current financial performance, both the hiatus as well as the extraordinarily high valuation are interesting. However, the valuation can be explained given its recent numbers. “The startup narrowed its losses to Rs 28.2 crore for FY 2018 compared to Rs 36.3 crore for the previous year. Nonetheless, these losses pale in comparison to its revenue. Nykaa’s revenues jumped from Rs 214 crore in FY 17 to Rs 578 crore in FY 18,” added Durai.

 

 

Previous Post

Rajesh Aggarwal

Next Post

Ryan Pinto

Leader Biography

Related Posts

Flight Lieutenant Shivangi Singh
Biography

Shivangi Singh: Biography, Age, Education, Rank, Rafale Pilot, and More

by Satish Sharma
May 16, 2025
vyomika-singh
Biography

Wing Commander Vyomika Singh: Biography, Education, Rank, Awards, Family

by Satish Sharma
May 16, 2025
Colonel Sophia Qureshi
Biography

Colonel Sophia Qureshi: Biography, Age, Education, Career, Personal Life

by Satish Sharma
May 16, 2025
travel saga feature image
Trending Personalities

One Ambitious Goal Turned Into The Building Of Travel Saga Tourism

by Rahul Iyer
April 25, 2025
Next Post
Ryan Pinto

Ryan Pinto

sweta-mangal

Sweta Mangal

Dr. Gautam Allahbadia

Dr. Gautam Allahbadia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Reading

  • Baikuntha Nath Sarangi: Biography, Family, Net Worth and Unknown Facts
  • Revant Himatsingkan Age, Wife, Education, Controversy
  • Jagdeep Singh Biography, Age, Education, Career, Net Worth
  • Drisha Acharya Biography, Age, Husband, Family, Career, Net Worth
  • Sara Arjun Biography, Age, Height, Instagram, Family, Films, Net Worth
  • Naomika Saran Biography, Age, Height, Family, Instagram, and More
  • Masoom Sharma Biography, Age, Family, Songs & Net Worth
  • Vrishank Khanal Biography, Age, Wife, Family, Profession, Net Worth
  • Samreen Kaur Biography, Age, Movies, Instagram, Boyfriend, Net Worth
  • Rasika Dugal Biography, Age, Husband, Family, Web Series & More

About Us

Leader Biography provides you with a range of biographical references, and features the work of some of the leading minds in the business. These compelling stories will make you realize that one needs to be self-motivated in order to be inspired.

Follow Us

Featured Post

  • All
  • Popular

Baikuntha Nath Sarangi: Biography, Family, Net Worth and Unknown Facts

Revant Himatsingkan Age, Wife, Education, Controversy

Jagdeep Singh Biography, Age, Education, Career, Net Worth

Drisha Acharya Biography, Age, Husband, Family, Career, Net Worth

Sara Arjun Biography, Age, Height, Instagram, Family, Films, Net Worth

Naomika Saran Biography, Age, Height, Family, Instagram, and More

Recent News

  • Business

Madhav Kasturia: Biography, Net Worth, Education, Zipeee, and More

Vibhu Agarwal: Biography, Education, Career, Family, Apps, and More

Lucy Guo: Biography, Age, Education, Career, Net Worth, and More

Suresh Sambandam: Biography, Education, Career, Net Worth, Family, Unknown Facts

Balvinder Singh Sahni: Biography, Age, Education, Net Worth, Family

Liang Wenfeng: Biography, Age, Education, Career, Deepseek, and More

  • Leader Biography
  • About
  • Contribute Us
  • Disclaimer
  • Privacy Policy
  • Contact Us

© 2021 Leader Biography. All Rights Reserved.

Contact Us

No Result
View All Result
  • Home
  • Famous Personalities
    • Entreprenuers
    • Actors
    • Politicians
    • Sports
  • Trending Personalities
  • Head to Head

© 2021 Leader Biography. All Rights Reserved.