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SoftBank-backed Oyo to file for $1.2 bln IPO next week - source reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Microsoft invests $5 mln in SoftBank-backed Oyo reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Anuron MitraAditi Shah 3 minute read BENGALURU, Aug 3 (Reuters) - Indian e-commerce beauty company Nykaa plans to raise $500 million through its initial public offering (IPO), a source with direct knowledge of the matter told Reuters, becoming the latest homegrown startup to pursue a listing on the domestic bourses. Private equity firm TPG-backed Nykaa, based in Mumbai, sells cosmetics, grooming products and clothes. Nykaa, formally known as FSN E-Commerce Ventures Ltd, said its IPO will consist of a fresh issue of shares of up to 5.25 billion rupees ($70.63 million) and an offer for sale of up to 43.1 million shares, according to a copy of its draft red herring prospectus dated Monday. ....