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ETtech Explainer: How House of Nykaa is emerging as a growth and margin driver

Source: ET Startups ·

ETtech Explainer: How House of Nykaa is emerging as a growth and margin driver

On Wednesday, Nykaa announced plans to acquire an 82% stake in Simply Nam for up to Rs 33 crore, bringing the brand into its House of Nykaa portfolio as it looks to tap into consumer segments beyond its core marketplace business.

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