IPO-Bound Nykaa Acquires D2C Skincare Brand Dot & Key To Foray Into Nutraceutical Space
India, Oct. 22 -- IPO-bound fashion ecommerce platform Nykaa has acquired a Kolkata-based skincare brand Dot & Key. Nykaa in a statement said that post the investment, the D2C skincare brand will join Nykaa's stable of owned brands.
However, the ecommerce platform has not revealed the transaction details. This is Nykaa's second acquisition of the year. In April, Nykaa acquired online jewellery brand Pipa Bella to capture the growing market for contemporary fashion jewellery in the country.
Founded by Suyash Saraf and Anisha Saraf, Dot & Key claims to be a new-age skincare solution provider. The D2C brand offers products such as serum, face masks, toners, and cleansers. The brand has recently forayed into nutraceuticals under the brand '...
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