IPO-bound Nykaa acquires D2C skincare brand Dot & Key to foray into nutraceutical space
Image Credit: Inc42
IPO-bound fashion ecommerce platform Nykaa has acquired a Kolkata-based skincare brand Dot & Key. Nykaa in a statement said that post the investment, the D2C skincare brand will join Nykaa’s stable of owned brands. However, the ecommerce platform has not revealed the transaction details. This is Nykaa’s second acquisition of the year.