0 0
Read Time:45 Second

Multimedia reports in Jan got advised that Nykaa is searching for a valuation of $3 billion for your listing.

Mass media records in Jan experienced advised the retailer is searching for a valuation of $3 billion for your itemizing.

A increase in revenue and profit to the e-business program has resulted in the increase in Nykaa’s valuation, options shared with the document.

“Everyone offer will likely be in conjunction with a proposal on the market to deliver an get out of to present buyers. The price band is yet to be decided, but a 10-20 percent stake of the company could be offered to the public for an adequate free-float,” one of the sources said.

Nykaa was started by Falguni Nayar in 2012. According to the report, its e-commerce platform currently has 15 million registered users and caters to 1.5 million orders a month.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Solar Powered Power Plant Previous post Solar Powered Power Plant – How Does It Works ?
China should give the keys to Wuhan research laboratory Next post China must hand over the keys to Wuhan lab for Covid-19 origins and world-wide great