Nykaa rises on joining forces with BOLD to invest in next-Gen Indian beauty, personal care brands
FSN E-Commerce Ventures is currently trading at Rs. 334.75, up by 1.75 points or 0.53% from its previous closing of Rs. 333.00 on the BSE.
The scrip opened at Rs. 336.00 and has touched a high and low of Rs. 338.55 and Rs. 331.75 respectively. So far 24791 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 351.00 on 10-Sep-2026 and a 52 week low of Rs. 218.75 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 343.95 and Rs. 324.00 respectively. The current market cap of the company is Rs. 96011.16 crore.
The promoters holding in the company stood at 52.08%, while Institutions and Non-Institutions held 37.81% and 10.12% respectively.
FSN E-Commerce Ventures (Nykaa) and BOLD (Business Opportunities for L’Oreal Development), the corporate venture capital fund of L’Oreal’s, have collaborated to jointly invest in the next generation of high-growth Indian beauty and personal care brands.
Through the collaboration, BOLD and Nykaa will take minority stakes in emerging Indian beauty and wellness brands with strong consumer traction and distinctive propositions. Such investments will be purely financial and minority in nature, where founders retain full ownership control and continue to run their businesses independently, with their own teams, culture, and creative direction.
BOLD and Nykaa will act as long-term partners beyond capital to the brands they back, offering mentorship, guidance, and the opportunity to benefit from L’Oreal’s global beauty expertise, alongside Nykaa’s deep omnichannel retail network and consumer ecosystem understanding. The intent is to help ambitious Indian beauty founders scale faster and build enduring brands for India & the world.
