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.
Company Name | CMP |
---|---|
Zomato | 186.20 |
FSN E-Commerce | 170.95 |
Indiamart Intermesh | 2577.95 |
Fone4 Commu. India | 4.85 |
Pace E-Comm Vent. | 26.49 |
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