Lighthouse seals partial exits from India's Nykaa with 14x return
Lighthouse Funds has generated a more than 14x multiple on its investment in India-based beauty e-commerce platform Nykaa following two partial exits in the past fortnight.
The private equity firm is said to have invested USD 16m in Nykaa, having led an INR 1.13bn (then around USD 15.8m) round in September 2018. It made a partial exit through the company’s INR 53.5bn IPO...
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