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Correct Option is All of these

Solution:The last paragraph of the passage clearly dedicated to how Nykaa is a truly category-defining company. With the efficient use of capital, it is quite different from many of the other start-ups which have come or are intending to IPO. Further to validate the answer refer: “Here’s why Nykaa stands out…... It is one of the rare unicorns that is profitable as it enters the market, unlike several others where profitability is not even on the table for conversation. ……. Nykaa plans to use the proceeds from the IPO for expansion, to set up new retail stores and establish new warehouses. It also plans to retire some of its debt …… Third, management and ownership……. Nykaa’s ownership pattern suggests the promoter family is invested in the future of the business and intends to remain deeply engaged with it.”  

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