Alia Bhatt and Katrina Kaif are raking in the moolah on their investments in beauty e-commerce startup Nykaa, as the company grew 10X after its IPO debut.
Alia’s shareholding in the company was estimated to be worth Rs 54 crore on November 10, she had invested Rs 4.95 crore in the parent company of Nykaa, in July 2020.
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Katrina Kaif entered a joint venture with the company in 2018 to set up Nykaa-KK Beauty, which retails the cosmetic brand Kay Beauty. She had invested Rs 2.04 crore in the company. Her shares were worth Rs 22 crore on November 10.
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Falguni Nayar, CEO and founder of beauty e-commerce chain Nykaa, recently became the richest self-made woman billionaire after the stocks of her company received stellar response at the Dalal Street when it got listed at the markets.