TPG-backed Nykaa soars in India market debut to near $13 bln valuation - NewsBreak

BENGALURU, Nov 10 (Reuters) - Shares of fashion e-commerce platform Nykaa opened at a 79.4% premium to their offer price on Wednesday, gaining a valuation of 954.37 billion rupees ($12.86 billion), in the latest listing by an Indian startup after food delivery firm Zomato (ZOMT.NS). Shares of FSN E-Commerce Ventures...