Nykaa plans to raise Rs 125 crore ($15 million) by issuing 12,500 non-convertible debentures at Rs 1,00,000 each. The funds, raised from an undisclosed foreign investor, will support its UAE subsidiary Nysaa Beauty. Nykaa’s FY24 revenue grew by 24.1%, with a 90.5% profit increase.
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ELIVAAS Raises $5 Million in Series A Funding to Expand Luxury Vacation Rentals
ELIVAAS, a Gurugram-based vacation home rental platform, has raised $5 million in its Series A funding round. The
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OYO to Acquire G6 Hospitality for $525 Million in All-Cash Deal
OYO, the Indian-based hospitality giant, has announced a significant move to acquire G6 Hospitality, the company behind the
Infibeam Avenues Set to Launch RediffPay, Joining UPI Market
Infibeam Avenues Limited is set to launch a new payment app, RediffPay, which will place the company in