Nykaa IPO: a profitable e-commerce play with strong investor interest amid debatable valuations

Economic Times

1 month ago

With euphoria ruling the bull market, a host of companies, especially the new-age ones, are coming out with their initial public offerings (IPOs). Of course, the appetite for good businesses and managements is huge. Also, it has helped boost the valuations of these companies like never before. FSN E-Commerce Ventures Limited, the parent of e-commerce firm Nykaa, is a classic case. The beauty, personal-care, and lifestyle products company, which


It is projected that In India User base in English by 2021 will be 199 million while Indian language internet user base will grow to 536 million, or 75 percent of India's internet user base. Nine out of every ten new internet user in India over next 5 years are likely to be Indian language user. Indian language user are defined as literate user who prefer primary language to read, write and converse. The country's constitution has 22 official languages. According to census report 53.6% of Indian population speak Hindi either as first or second language, in which 41% of them have declared it as their native language or mother tongue. 12.6% Indians declared that they can speak English as . . .


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