Falguni Nayar-led Nykaa is eyeing to raise INR 525 Cr through fresh equity shares
Falguni Nayar, the founder of unicorn ecommerce platform, along with her husband Sanjay Nayar, their children Anchit Nayar and Adwaita Nayar hold 53.5% share in the startup
With Nykaa IPO, Falguni Nayar will become the first Indian woman founder to take a company to the public market
Unlike most of the Indian startups that have filed draft red herring prospectus (DRHP) with the market regulator SEBI for an initial public offering (IPO), promoters of FSN E-commerce Ventures Limited, the parent company of fashion ecommerce platform Nykaa, continue to hold over 50% of the share.
Falguni Nayar, the founder of the unicorn ecommerce platform, along with her husband Sanjay Nayar, their children Anchit Nayar and Adwaita Nayar hold 53.5% share in the startup.