Nykaa, an Indian e-commerce company for beauty products, rose 89% in its Indian market debut after raising $721M in its IPO, gaining a valuation of $13B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Nykaa, an Indian e-commerce company for beauty products, rose 89% in its Indian market debut after raising $721M in its IPO, gaining a valuation of $13B  —  Fashion commerce firm Nykaa rose as much as 89% on its Indian market debut Wednesday, gaining a valuation of $13 billion in the nation’s first women-led unicorn listing.