Nykaa in talks to raise Rs75 crore at a valuation of Rs3,000 crore

Nykaa investor TVS Capital is looking to sell part of its stake in this new funding round.
Nykaa, a leading player in the online Indian beauty and cosmetics space, was started by former investment banker Falguni Nayar in 2012. The company offers makeup, skincare, hair care, fragrances, bath and body, luxury and wellness products for women and men. What stands out about Nykaa is that unlike other e-commerce ventures, the company has until now relied upon home-grown capital to build up the franchise.