Nykaa partners with L'Oréal's BOLD fund to back Indian beauty entrepreneurs

Nykaa partners with L'Oréal's BOLD fund to invest in Indian beauty brands.

BOLD and Nykaa will take minority stakes in emerging Indian beauty brands, offering mentorship and access to retail networks.

The partnership aims to help Indian beauty founders scale faster and build enduring brands for India and the world.

L'Oréal and Nykaa have a long history of partnership in India, with a shared vision of making India a major beauty market.