Fidelity
Beauty & Wellness
Nykaa planning a $3 billion IPO in 2021: Report
Online-beauty-turned-omnichannel-lifestyle-retailer Nykaa, which entered the unicorn club with a $13 million funding from exisiting investors, is all set to launch its IPO in 2021.
The startup founded by Falguni Nayar, a former investment banker, is working with advisers to prepare...
Beauty & Wellness
Fidelity invests in retailer Nykaa through secondary transaction
Omnichannel retailer Nykaa on Thursday said global asset manager Fidelity has invested in the company through a secondary sale of shares by existing investors and employees.
According to a PTI report: The city-based company, which had achieved ''unicorn'' status through...
Latest News
Morgan Stanley slashes Flipkart valuation 3rd time in 6 months
Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has once again marked down its estimate of the company's valuation. The markdown has come for the third consecutive time in the past six months.
Morgan Stanley...
Retail
US- based Fidelity raises Flipkart’s valuation
Fidelity Rutland Square Trust II, a mutual fund investor in Flipkart, has marked up the valuation of India’s largest e-commerce company by 2.7 per cent to $84.29 per share in May, against a value of $82 apiece in February,...
Latest News
PC Jeweller to raise up to Rs 257 cr from Fidelity for expansion
P C Jeweller recently announced that the company will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion.
In May, the firm had raised Rs 427 crore from DVI Fund...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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