Nykaa raised Rs 100 crore from Steadview Capital

Omni-channel beauty and skincare retailer Nykaa has raised Rs 100 crore in fresh funding from existing investor Steadview Capital.

“We are very grateful to achieve this significant milestone. We deeply value the trust and support of our investors, customers and brand partners who have been instrumental to our success. In the midst of this unprecedented global crisis we are working to ensure all our stakeholders are well served and that Nykaa emerges as a leading retail player in the industry,” Nayar said in a company-issued statement