“The startup narrowed its losses to Rs 28.2 crore for FY 2018 compared to Rs 36.3 crore for the previous year. Apart from Sunil Kant Munjal who invested Rs 30 crore in 2016 in the startup, its other backers include TVS Shriram Growth Fund (invested Rs 25 crore in 2015) and a host of angel investors such as corporate lawyer and Founder and Managing Partner of AZB & Partners Zia Mody who put Rs 1 crore in 2014.Both the hiatus and the extraordinarily high valuation are interesting given Nykaa’s financial performance. Abc Small. Microsoft's gaming revenues jump in Q4 of FY20 due to ongoing lockdowns After several flat or down quarters in a row, Xbox content and services revenue up 65% Nykaa clocked net revenues of around Rs 1200 crore in 2018-19 as against around Rs 600 crore in 2017-18. Upto 40% OFF + Assured Free Product . Nykaa’s revenues jumped from Rs 214 crore in FY 17 to Rs 578 crore in FY 18,” Durai added.Nykaa was last valued at reportedly around $400 million. The company’s total revenue went up by a little over double at Rs 1,161 crore when compared to the FY18 figure of Rs 556 crore. India Business News: Hyderabad: Online beauty retailer Nykaa is not only looking at expanding its offline presence in the beauty business but is also charting out a divers. the business signals platform said. Save. Upto 25% OFF + Buy 3 Get 3 Free On Sheetmasks . Revenue in FY20 was underpinned by the production of engines under Orbital UAV’s Long Term Agreement (“LTA”) with Insitu Inc., a wholly owned subsidiary of the Boeing Company. The revenue in FY18, for the company, also took a 2.7X jump to Rs 570 crore from Rs 214 crore in FY17. We have been clocking 100% YoY growth and see similar growth going forward,” Nayar explained. Synopsis “Our strong consumer connect along with the business that we are building, got TPG Growth excited.” Mumbai-based fashion and beauty e-commerce platform, Nykaa, has closed its latest … Financial Statistics. Last Updated: Apr 09, 2019, 05:38 PM IST. Flat 20% OFF . Nykaa aims to increase their offline footprint to 180-200 Nykaa stores in the next 4-5 years. Nykaa Safety Essentials . The raise comes after a long hiatus in institutional investment in the cosmetic platform,” Paper.vc Founder Vivek Durai told Financial Express Online. FY20 revenue of $33.8 million represents an increase from FY19 of 121% and is at the top end of the Company’s market guidance range of $25 million to $35 million. However, the valuation can be explained given its recent numbers. Nykaa has 1,027 employees across 3 locations and $100.90 m in total funding,. Upto 50% OFF . the business signals platform said. In FY19, i.e. Nykaa was last valued at reportedly around $400 million. Print. Nykaa Safety Essentials . Nykaa, a multi-brand retailer of beauty and wellness products based in Mumbai, has recently raised $14 million (Rs 100 crore) from the middle market and growth It has entered into competition with the marketplaces such as Amazon and Flipkart along with LimeRoad and Myntra in … Penalty to be levied for flouting this rule — check detailsTN SSLC 10th Board result 2020: SSLC result 2020 in Tamil Nadu declared at dge.tn.gov.in; No topper, all passAnother virus on the spread in China: Seven dead, 60 infected by 'tick-borne virus'Torrent: Cut to ‘reduce’, revise fair value to Rs 2,350 a shareBudget 2020 hasn't violated fiscal discipline: FM SitharamanBudget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima GoyalBudget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growthBudget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA Budget and the economy: What can we expect after this Budget?Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocationBudget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin TempletonBudget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorerBudget 2020: How ESOP tax changes will benefit start-up employeesCopyright ©
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