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HomeNewsOpinionCan Nykaa repeat Zomato's IPO performance? 

Can Nykaa repeat Zomato's IPO performance? 

Unlike other start-ups, including Zomato and e-commerce companies which run on a cash-burn model, Nykaa is profitable at the net level while others are struggling to be profitable even at the operating level 

August 06, 2021 / 10:17 IST
She founded Nykaa, derived from the Sanskrit term for heroine, with a seed investment in April 2012. (Image: Shutterstock)
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