Nykaa, one of the most popular online marketplaces for beauty and wellness products in India is all set to launch its initial public offering on October 28, according to sources. The anchor issue to raise up to Rs 2,340 crore will open on October 27, one day prior to Nykaa IPO. The Rs 5,200-crore Nykaa IPO will include a primary …
Reliance Industries Limited's retail arm has acquired a majority equity stake in online e-pharma company Netmeds for about Rs 620 crore. In an announcement late Tuesday, the oil-to-retail conglomerate said Reliance Retail Ventures has acquired a majority stake in Vitalic Health Pvt Ltd and its subsidiaries -- collectively known as Netmeds -- for a cash consideration of around Rs 620 …
