Motilal Oswal
    NIFTY 50
Motilal Oswal

Nykaa IPO could be launched in next 2 years, says founder and CEO Falguni Nayar

Updated : February 12, 2019 11:36 AM IST

Investment banker turned entrepreneur Falguni Nayar is aiming for an initial public offering (IPO) for her online make-up portal in the next two years.

“With my eventual desire for an IPO, I clearly have a journey still to cover. I think we should be well on our way to profitability that I am projecting and if that happens then maybe two years or so, we should be there in the public market,” said Nayar, adding that currently, the company is generating cash and is expanding in the space.
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