Nykaa in talks to invest in VC-backed D2C personal care brand Arata
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Nykaa in talks to invest in VC-backed D2C personal care brand Arata

By Debjyoti Roy

  • 11 Apr 2022
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Nykaa in talks to invest in VC-backed D2C personal care brand Arata
Credit: 123RF.com

Listed beauty marketplace Nykaa is in an advanced stage of discussion to pick up a minority stake in personal care direct-to-consumer brand Arata at a ₹70 crore-₹80 crore valuation, two persons familiar with the development told VCCircle. “Nykaa as of now is mulling on $3-4 million investment but may end ......

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