Nykaa scoops-up Rs 100 Cr from Steadview, while operations are paused due to lockdown

Nykaa raised Rs 100 crore from its existing investor Steadview Capital as a primary investment, though the company has suspended its operations due to lockdown, it also has informed vendors & partners to expect delay in payments FY'19, Nykaa reported a profit of Rs 2.31 cr, registered 108% growth in operating revenue to Rs 1,159.32 cr, while it saw a significant growth in expenses to Rs 1,157.85 cr from Rs 579.39 cr

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