Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Fashion retailer Nykaa partners L’Oreal’s venture fund to invest in beauty brands
Mumbai-headquartered beauty and fashion retailer Nykaa has partnered with BOLD (Business Opportunities for L’Oreal Development), the corporate venture capital fund of global beauty giant L’Oreal, to jointly invest in emerging Indian beauty and personal care brands.The collaboration will focus on select beauty and wellness startups that demonstrate strong consumer traction and offer differentiated products. Beyond financial investment, the partners will provide strategic mentorship and guidance to help these startups scale. The collaboration intends to combine L’Oreal’s global expertise with Nykaa’s omnichannel retail network, distribution capabilities, and consumer insights.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.