![The secret of Nykaa’s success](https://images.assettype.com/fortuneindia%2F2021-02%2Fd6a17a9d-21b9-4f6c-9903-55f82b994166%2FFalguni_Naykaa_01F_copy.jpg?rect=0,0,3000,1500&w=300&q=95)
The secret of Nykaa’s success
In a bleak 2020, beauty and fashion retailer Nykaa showed strategic nimbleness to stay strongly in the game, even managing to raise funds and become a unicorn in the process. Will it stay the course?
In a bleak 2020, beauty and fashion retailer Nykaa showed strategic nimbleness to stay strongly in the game, even managing to raise funds and become a unicorn in the process. Will it stay the course?
Last year in April, the beauty retailer had raised ₹100 crore in a Series E funding round led by TPG Growth.