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ADIA bets on Nykaa rival Purplle in flat round

Consumer

24 May, 2023

ADIA bets on Nykaa rival Purplle in flat round

Purplle, an online retailer of beauty and personal care products, has raised $50-60 million from Abu Dhabi Investment Authority (ADIA), ......

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Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Finance

13 March, 2023

Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Homegrown private equity firm Lighthouse Funds, the backer of companies such as Fabindia and Medikabazaar, has marked the first close ......

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Why Nykaa's Q3 results lacked glamour

TMT

14 February, 2023

Why Nykaa's Q3 results lacked glamour

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, could not charm investors with its December quarter (Q3FY23) results. Gross ......

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IPOs galore despite new-age stock rout

Finance

21 December, 2022

IPOs galore despite new-age stock rout

The primary market is poised to gather steam soon, as the steep losses in issues of new-age companies becomes a ......

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Reliance Retail, Nykaa eyeing TA Associates' stake in TCNS Clothing

Consumer

16 November, 2022

Reliance Retail, Nykaa eyeing TA Associates' stake in TCNS Clothing

Reliance Retail, Nykaa, Aditya Birla Fashion and Trent Ltd, as well as private equity investors such as TPG Capital and ......

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Lighthouse partially exits Bikaji Foods with 10x returns

Consumer

11 November, 2022

Lighthouse partially exits Bikaji Foods with 10x returns

Homegrown private equity fund Lighthouse Funds has partially exited its investment in Bikaji Foods International Ltd with strong returns as ......

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Nykaa poised to pass the 'lock-in' test with flying colours, or not?

Consumer

03 November, 2022

Nykaa poised to pass the 'lock-in' test with flying colours, or not?

Expiry of the one-year lock-in period for pre-initial public offering (IPO) investors has been an overhang for stocks of new-age ......

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Thrasio-styled UpScalio in talks to raise $30-50 mn

TMT

09 September, 2022

Thrasio-styled UpScalio in talks to raise $30-50 mn

UpScalio, a Thrasio-style venture that finances e-commerce brands, is looking to make its investments across sports and fitness, baby and ......

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

Consumer

11 April, 2022

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

Listed beauty marketplace Nykaa is in an advanced stage of discussion to pick up a minority stake in personal care ......

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Lighthouse to hike stake in publicly-listed plastics maker Shaily

Manufacturing

24 March, 2022

Lighthouse to hike stake in publicly-listed plastics maker Shaily

Homegrown private equity firm Lighthouse Funds is likely to increase its exposure in one of its publicly listed portfolio firms ......