IPO-bound Nykaa buys skincare company Dot & Key

This deal further plays into the consolidation that the industry is seeing with well-funded high growth brands acquiring smaller niche companies to fill product gaps. "Following this investment by Nykaa, Dot & Key will join Nykaa's stable of owned brands," the company said in a release.

from Markets-Economic Times https://ift.tt/3nmRs6V