Boston-based Fidelity invests in Indian online beauty retailer Nykaa

Boston-based Fidelity invests in Indian online beauty retailer Nykaa

Photo: Nykaa

Boston-based asset management firm Fidelity Investments Inc. has invested an undisclosed amount in beauty and fashion marketplace Nykaa through a secondary transaction. With this, it has provided a partial exit to early investors and employees, the e-tailer said on Thursday.