Too early for IPO: Nykaa Founder Falguni Nayar
Beauty and wellness startup Nykaa's Founder Falguni Nayar in a recent interview has said, it is too early for the startup to have an Initial Public Offering (IPO). Nayar added the online retailer is "adequately" funded for the next one year. Nayar also said she believes companies should have net profit of at least â¹100 crore before having an IPO.