FSN E-Commerce Ventures Limited
HDFC Life Insurance increased its stake in FSN E-Commerce Ventures (Nykaa) from 1.39% to 1.49%, acquiring 26,11,168 additional shares. The value of the additional shares is approximately ₹84.58 crore, based on Nykaa's share price of ₹323.05.
A digitally native consumer technology platform delivering content-led lifestyle retail experiences across beauty, personal care, and fashion segments. The company operates a curated marketplace featuring diverse product portfolios from established brands alongside its own manufactured brands. It combines e-commerce infrastructure with lifestyle content to create an integrated shopping experience for Indian consumers seeking beauty, wellness, and fashion products.
HDFC Life Insurance Company Limited, institutional investor in Indian equities