Today's Edition
Nykaa gets its beauty formula together. Can fashion follow?
Store expansion, premiumisation and a growing customer base are driving its beauty business. Fashion, meanwhile, is showing improvement but still lacks a clear differentiator.
Abu Dhabi holds BR Shetty liable in the $5.4 billion NMC Healthcare fraud
An ADGM court found that the Indian-origin founder knowingly participated in the misappropriation of assets at what used to be one of the largest healthcare companies in the country.
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State of Unicorns
Gaurav Munjal loses his faith
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
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