Are Reliance's deep pockets enough for Tira to steal Nykaa's crown?
Nothing about Nykaa is strictly its own anymore. Back when it went public, it had no real rivals in the beauty space. But since then, things have changed. Last year, India’s largest retailer, Reliance Retail, officially entered the beauty space. It launched an omnichannel beauty retail platform called Tira Reliance…
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