Fidelity Pumps undisclosed amount of Funding in Nykaa via Secondary Transaction

American asset management giant Fidelity has pumped an undisclosed amount of funding in online beauty and cosmetics marketplace Nykaa. However, this investment has been done through a secondary transaction, resulting in the partial exit for existing investors. What is a Secondary transaction? Secondary shares or transaction takes place when a new investor/s buys the shares…

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