Asia-focused hedge fund Steadview Capital has invested an additional Rs 67 crore in online beauty retailer Nykaa, as the Ravi Mehta-led investment firm continues its deal-making spree this year. The latest capital infusion follows the Rs 100 crore Steadview Capital invested in the Mumbai-headquartered company in April. The capital infusion comes at a time when risk capital investment activity has almost ground to a halt because of the spread of the Covid-19 pandemic across the globe, which, in turn, has forced vertical ecommerce companies such as Nykaa to conserve cash, given the steep plunge in discretionary spending by consumers.