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FSN E-Commerce’s arm to make further investment in Nessa International Holdings

22 May 2024 Evaluate

FSN E-Commerce Ventures’ (Nykaa) wholly owned subsidiary-- FSN International has received approval for making further investment of up to $1.9 million in one of its overseas subsidiaries viz., Nessa International Holdings. The company is making strategic investment through FSN International for providing long term funds to Nessa International. The investment is expected to be completed by September 30, 2024. The Board of Directors of the company, at its meeting held on May 22, 2024, has approved the same. 

FSN E-Commerce Ventures (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it.


FSN E-Commerce Share Price

269.65 7.15 (2.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Eternal 252.60
Meesho 163.65
Swiggy 277.60
FSN E-Commerce 269.65
Brainbees Solutions 252.40
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