# Nykaa funding: rounds and investors

> Nykaa has raised $51M across 4 rounds since 2014. Investors include TPG, Atul Nishar and Chairman. Every round with its source.

Source: https://millionrounds.com/company/nykaa (Millionrounds; every figure on the page links to its filing or article)

India · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Nykaa*

4 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summary Updated 26 Oct 2026

**$51M** raised across 4 rounds since 2014, from 4 sources

**$3.4M** Venture **$9.5M** Venture **$24M** Series D **$14M** Round

- **Latest round:** Round, $14M Apr 2019
- **Biggest round:** $24M Series D · May 2018
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019

**$3.4M** Venture

**$9.5M** Venture

**$24M** Series D

**$14M** Round

- **First round:** Venture, $3.4M
- **Biggest round:** $24M
- **Usual gap between rounds:** 15 months

## The rounds

- **Apr 2019** Round **$14M** *1 new* [TPG](https://millionrounds.com/fund/tpg) Reported by DealStreetAsia
- **May 2018** Series D **$24M** *5 new* Chairman Dalip Pathak Family Offices of Harsh Mariwala Hero Corporate Sunil Kant Munjal Reported by Inc42
- **Oct 2015** Venture **$9.5M** *2 new* Atul Nishar Harsh Mariwala From a historical funding record
- **Jul 2014** Venture **$3.4M** No investor was named in the report. From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2014 **Venture** 2015 **Series D** 2018 **Round** 2019 [TPG](https://millionrounds.com/fund/tpg) Atul Nishar Chairman Dalip Pathak Family Offices of Harsh Mariwala Harsh Mariwala Hero Corporate Sunil Kant Munjal

## Everyone who backed them

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

Atul Nishar no record of our own yet **1** round

Chairman no record of our own yet **1** round

Dalip Pathak no record of our own yet **1** round

Family Offices of Harsh Mariwala no record of our own yet **1** round

Harsh Mariwala no record of our own yet **1** round

Hero Corporate no record of our own yet **1** round

Sunil Kant Munjal no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nykaa).

## Also claim to have backed them

These 3 firms list Nykaa as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Steadview Capital](https://millionrounds.com/fund/steadview-capital) Growth equity Per its own site

[AYRA Ventures](https://millionrounds.com/fund/ayra-ventures) Family office Per its own site

[Sharrp Ventures](https://millionrounds.com/fund/sharrp-ventures-harsh-mariwala-investment-office) Private equity Per its own site

## Quick answers about Nykaa

### Who invested in Nykaa?

Nykaa's investors include TPG, Atul Nishar, Chairman, Dalip Pathak and Family Offices of Harsh Mariwala, and 3 more on record.

### How much has Nykaa raised?

Nykaa has raised $51M across 4 rounds since 2014.

### When did Nykaa last raise?

Nykaa's most recent round was an Undisclosed round of $14M in Apr 2019.

### What was Nykaa's biggest round?

Nykaa's largest round on record is $24M (Series D), in May 2018.

### Who backed Nykaa first?

Nykaa's first round on record, in Oct 2015, was backed by Atul Nishar and Harsh Mariwala.

### What stage is Nykaa at?

Nykaa's latest named round is an Undisclosed round, in Apr 2019.

### Where is Nykaa based?

Nykaa is based in India.

## Companies like Nykaa

In the same sector, and raised in the last eighteen months.

[**FirstClub** $78M · Jun 2026](https://millionrounds.com/company/firstclub)[**Thimblerr** $2.8M · Jan 2026](https://millionrounds.com/company/thimblerr)[**Servify** $20M · Jan 2026](https://millionrounds.com/company/servify)[**Square Yards** $73M · Nov 2025](https://millionrounds.com/company/square-yards)[**Rebel Foods** $175M · Sept 2025](https://millionrounds.com/company/rebel-foods)[**Acko** $77M · Jul 2025](https://millionrounds.com/company/acko)

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