Days after Katrina Kaif invested within the e-commerce platform Nykaa, actress Alia Bhatt has invested within the firm. The undisclosed quantity was made by a secondary transaction. Katrina Kaif had launched India’s first movie star make-up model Kay-beauty final yr in partnership with Nykaa.
The funding by Alia Bhatt was confirmed by Nykaa’s founder and CEO Falguni Nayar. She mentioned that Alia wished to spend money on Nykaa for 3 reasons- for its Indian roots, feminine founder and that Nykaa is proof that the very best in India can tackle the very best on the earth.
Nykaa, which was based in 2012, supplies a curated vary of magnificence merchandise for girls. It just lately launched Nykaa Man- grooming and wellness merchandise for males. Nykaa claims to deal with over 1.5 million orders a month and have over 1500 manufacturers on their platform with over 1.3 lakh merchandise accessible on their web site, app and shops.
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