Nykaa Fashion to retail home decor products

NEW DELHI: Nykaa on Monday announced that it will retail home decor products under the Nykaa Fashion section on its platform—as the retailer branches out into new categories ahead of a scheduled public listing later this year.

The retailer will list kitchen essentials, dinner and serve-ware, furnishings, décor accessories, bath products, storage solutions etc on its shopping platform. Nykaa Fashion Home will feature brands such as Portico, D’décor, Meyer, AA Living, Mason Home, Ellementry, Rosemoor, Décor Remedy among others.

Nykaa plans to go public later this fiscal at a valuation of $4.5 billion, as the beauty retailing start-up gains from a marked shift towards online sales during the pandemic, Mint reported earlier.