Beauty e-tailer Nykaa bags undisclosed funding from Boston-based Fidelity Investments

Indian beauty and fashion e-commerce unicorn Nykaa announced that it has raised an undisclosed amount of funding from the Boston-based asset management firm, Fidelity Management & Research Company. The funding was made through a secondary transaction, facilitating a partial exit for Nykaa's early investors. Some of Nykaa's employees also sold their ESOPs (Employee Stock Ownership Plan) through the investment. Here are more details.

source https://www.newsbytesapp.com/news/business/nykaa-raises-undisclosed-funds-from-boston-based-fidelity-investments/story