Nykaa will focus on daily essentials and personal hygiene products, for now Bengaluru: Online cosmetics and beauty products retailer Nykaa said on Tuesday that it has raised ₹100 crore from existing investor Steadview Capital.

However, due to the lockdown to tackle the covid-19 pandemic, the company has scaled down operations. Nykaa will focus on daily essentials and personal hygiene products for now. "Please note we are only accepting prepaid orders for now on daily essentials.

We have started deliveries to select pin codes in Mumbai, Pune, New Delhi and Bangalore. However, there might be some delays due to local constraints.

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₹100 cr from Steadview Capital, scales down operations

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