Hero's Sunil Munjal leads ₹82 cr funding in Nykaa
Online cosmetics and wellness products retailer Nykaa has raised ₹82 crore in a fresh round of funding led by Hero MotorCorp's Chairman Sunil Munjal and Marico's Mariwala family. Some of the existing investors also participated in the funding. Expected to be announced later this week, the latest funding will reportedly value the startup at ₹775 crore.