Nykaa and L’Oréal’s BOLD Team Up to Back India’s Next Beauty Brands
Nykaa and Business Opportunities for L’Oréal Development (BOLD), L’Oréal’s corporate venture capital arm, have partnered to invest in emerging Indian beauty and personal care brands, according to a Business Standard report. The two companies will acquire minority stakes in select brands, with founders retaining full ownership and continuing to run their businesses independently. Beyond capital, … Read more