Lighthouse India offloads Nykaa shares worth Rs 335 crore

Lighthouse India Fund-III previously sold shares in Nykaa for Rs 525 crore. Other previous sellers included Segantiii India Mauritius and the American private equity firm TPG.

A handful of pre-IPO investors have begun selling the assets they had been holding since the lock-in expiry earlier this month. Mala Gopal Gaonkar, an NRI investor, sold 5.75 billion shares of Nykaa last week.


Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter