India’s new-age internet companies may be sitting on a profit engine that investors are still not fully p ...More

India’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising. ...Less

YouTube is enhancing its shopping experience by implementing new AI tools for product inquiries. The plat ...More

YouTube is enhancing its shopping experience by implementing new AI tools for product inquiries. The platform has expanded its affiliate program in India, partnering with several well-known retailers. Creators can now engage with audiences more effectively through improved AI capabilities. Additionally, YouTube reports that shopping-related content watch time in India has significantly increased. ...Less

The transaction involves a 4,537.29 sq ft apartment on the first floor of Kamal Mahal, Anand Kamal Co-ope ...More

The transaction involves a 4,537.29 sq ft apartment on the first floor of Kamal Mahal, Anand Kamal Co-operative Housing Society Ltd, located on M L Dahanukar Marg, also known as Carmichael Road. The deal works out to around Rs 1.98 lakh per sq ft based on the carpet area. ...Less

The figure was calculated by dividing each company’s value equally among its founders and adding only the ...More

The figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in India. If one of four founders of a $10-billion company met that definition, $2.5 billion was counted. It does not represent actual shareholdings or personal wealth. The 205 companies had a total valuation of $1.09 trillion. ...Less

The company confirmed it has raised its stake in Earth Rhythm by about 25%. The new shares have now been ...More

The company confirmed it has raised its stake in Earth Rhythm by about 25%. The new shares have now been officially transferred to the company. ...Less

Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling rev ...More

Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, weaker China sales, inventory pressure and growing competition from Hoka, On, Adidas, Anta and Li Ning have challenged its dominance. CEO Elliott Hill is rebuilding wholesale, product innovation and regional strategies as Nike fights to restore growth and brand appeal. ...Less

Amazon and Flipkart are expanding into quick commerce, microdramas, OTT videos and food delivery as they ...More

Amazon and Flipkart are expanding into quick commerce, microdramas, OTT videos and food delivery as they lose active users to 10-minute delivery platforms. Their combined monthly active user share fell from 67% in 2022 to 53% in August 2026, while quick commerce apps’ share rose to 16%. ...Less

Sugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% ...More

Sugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes as the D2C beauty brand battles mounting losses, falling revenues and the challenges of aggressive offline expansion. ...Less

Overseas investors continued buying Indian equities for five straight fortnights. They invested over thir ...More

Overseas investors continued buying Indian equities for five straight fortnights. They invested over thirteen thousand crore rupees in the latter half of August. Consumer services, financials, and healthcare sectors received significant foreign portfolio inflows. Capital goods also saw renewed investor interest after previous outflows. Oil, gas, and consumable fuels experienced the largest foreign investment outflows. ...Less

Ten stocks across autos, consumer technology, healthcare and financial services could benefit from strong ...More

Ten stocks across autos, consumer technology, healthcare and financial services could benefit from stronger festive-season discretionary spending, supported by improving demand, product launches, operating leverage, credit growth and rising consumer activity. ...Less

India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors ...More

India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors and stocks that could benefit. The period from Ganesh Chaturthi through Navratri, Dussehra, Dhanteras, Diwali and the wedding season typically brings higher footfalls, orders, ticket sizes and margins. ...Less

Morgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maint ...More

Morgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maintained a Hold on Cyient and raised its target to Rs 1,050. Elara Securities retained its Buy rating on Nykaa and increased its target to Rs 475, citing premiumisation, stronger customer quality and growth in online beauty and personal care. ...Less

Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude abo ...More

Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude above $90 pressured sentiment, while broader indices declined and technical indicators pointed to continued near-term volatility. ...Less

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples ...More

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples sparking comparisons with expensive listings such as Mamaearth, Paytm and Nykaa. Retail investors mocked the Rs 70,000-crore valuation on social media, questioning whether the eyewear company offered enough upside. Less than a year later, the debate over Lenskart’s valuation has taken a new turn. ...Less

Under the proposed structure, Sharma's remuneration will also include a variable component which will be ...More

Under the proposed structure, Sharma's remuneration will also include a variable component which will be performance-linked set by the NRC on achievement against predefined financial performance targets. ...Less

Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026. ...More

Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026. ...Less

On August 19, four Nifty500 stocks that gained over 2% were identified using the RSI Trending Up scan, ba ...More

On August 19, four Nifty500 stocks that gained over 2% were identified using the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks. ...Less

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition ...More

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise. ...Less

Zee Entertainment has launched a lawsuit against Nykaa, accusing it of utilizing copyrighted music in its ...More

Zee Entertainment has launched a lawsuit against Nykaa, accusing it of utilizing copyrighted music in its promotional Instagram reels. In response, Nykaa asserts that Meta, which owns Instagram, licenses music for all users. The fashion brand maintains that their use of in-app music tools is in accordance with existing agreements. ...Less

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who ...More

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who have built and scaled some of India’s best-known new economy companies — in ecommerce, fintech and software products — weathered multiple cycles and successfully exited their businesses. ...Less

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for ...More

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for the ETtech team, the thrill of sifting through the best of Indian entrepreneurship makes up for every late night in the newsroom. ...Less

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also fe ...More

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also featured prominently on the list of e-commerce platforms. The National Consumer Helpline facilitated over 91 crore in refunds to consumers. Non-delivery of products constituted the largest category of complaints filed. The government has taken steps to address unfair trade practices in e-commerce. ...Less

In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquis ...More

In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquisitions like Aminul, a D2C (direct-to-consumer) brand, and launch its quick commerce service Nykaa Now in more cities. While premiumisation is expected to support margins, growth in fashion and rapid delivery will require continued investment, say analysts. ...Less

The Economic Times Startup Awards (ETSA) is back for a 12th edition. Today, we announce the high-powered ...More

The Economic Times Startup Awards (ETSA) is back for a 12th edition. Today, we announce the high-powered jury and nominations for two categories, Bootstrap Champ and Top Innovator. ...Less

Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech ...More

Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5. ...Less

Nykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolid ...More

Nykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolidated net profit more than tripled to Rs 80 crore, while revenue rose 29% YoY to Rs 2,782 crore. ...Less

Nykaa said that the brand, which sells products such as serums and sleep oils, operates "in a sizeable hi ...More

Nykaa said that the brand, which sells products such as serums and sleep oils, operates "in a sizeable high growth segment". "It is among the top premium skincare brands on Nykaa.com in the Rs 1,000-1,900 price range," the company said. ...Less

Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore ...More

Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore a year prior. Including other income of Rs 9.3 crore this quarter, its total income stood at Rs 2,791.3 crore. ...Less

Nykaa's quarterly profit saw a significant increase, more than tripling year-on-year. Strong growth in th ...More

Nykaa's quarterly profit saw a significant increase, more than tripling year-on-year. Strong growth in the beauty business and fashion sales acceleration drove this profit rise. The company's revenue from operations also increased by over twenty-nine percent. Analysts expect continued strength across both beauty and fashion segments. Improved conversion and customer acquisition fueled the fashion business's sharp acceleration. ...Less

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate pla ...More

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate plans or gifting, per a study conducted by social media app Snapchat and market research firm GWI. The research, titled ‘Unlocking India's Gen Z Shopping Circles’ was conducted in June with 1,000 participants between the age group of 16-27. ...Less

Brokerages remain bullish on select consumer, auto component, and real estate stocks. Nuvama reiterated ' ...More

Brokerages remain bullish on select consumer, auto component, and real estate stocks. Nuvama reiterated 'Buy' on Nykaa (target Rs 414) and Uno Minda (target raised to Rs 1,380) citing margin expansion and strong demand, while Elara Securities maintained 'Buy' on Godrej Properties (target Rs 3,200), seeing 57% upside. ...Less

Markets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the R ...More

Markets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the Reserve Bank of India's monetary policy announcement on Wednesday. BSE reported a significant profit increase for the June quarter, driven by revenue growth. Bharti Airtel and Nykaa also announced strong quarterly earnings, showing substantial profit jumps. The government began an offer for sale in LIC for non-retail investors. ...Less

PayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in toda ...More

PayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5. ...Less

Happy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETt ...More

Happy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch. ...Less

Nykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more ...More

Nykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5. ...Less

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This a ...More

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning Dispatch. ...Less

Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day ...More

Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day and Raksha Bandhan coincided, boosting purchases, according to analysts. Ecommerce majors Amazon and Flipkart started their Independence Day sale events last Friday. For the platforms, demand during the period is usually driven by Raksha Bandhan gifting purchases. This year, Raksha Bandhan comes around a fortnight after the sale events end. ...Less

Spotify Premium subscribers in India now receive exclusive lifestyle benefits. These rewards include disc ...More

Spotify Premium subscribers in India now receive exclusive lifestyle benefits. These rewards include discounts from popular brands like MakeMyTrip and Nykaa. Premium members can also access invite-only music events and listening sessions. This initiative transforms Spotify Premium into a membership with added lifestyle advantages. ...Less

Ankit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic mov ...More

Ankit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic move. Nykaa intends to broaden its 30-minute beauty delivery service to cater to all high-demand locations by the end of FY30. Currently active in thirteen cities, Nykaa Now is also upgrading its next-day and hyperlocal delivery capabilities. This initiative underscores the rising emphasis on vertical quick commerce across various sectors. ...Less

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airt ...More

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those reporting earnings on Tuesday. Trent and Hero MotoCorp will release their quarterly figures on Thursday. State Bank of India and Titan Company are scheduled for Friday announcements. The earnings cycle concludes Saturday with Anant Raj's results. ...Less

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's pare ...More

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling shares worth up to Rs 2,002 crore. The government will offer shares in LIC to non-retail investors starting Tuesday. Airtel, ONGC, and BSE will announce their first quarter results today. ONGC's petroleum facility will reserve half its capacity for strategic reserves. ...Less

Vaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactu ...More

Vaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactures biodegradable and plastic-free packaging alternatives for businesses. Bambrew utilizes natural ingredients like bamboo and sugarcane for its products. The startup has successfully reduced over ten thousand tons of plastic waste. Their sustainable packaging is now available in more than ten countries globally. ...Less

Typsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across ...More

Typsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across quick commerce and offline retail. The brand will also launch hybrid skincare-makeup products and grow its fragrance line. Typsy Beauty aims to offer international quality makeup at accessible Indian prices. The company plans to introduce over ten new products in coming months. ...Less

Indian family businesses are entering a new growth phase. Next generations balance legacy with innovation ...More

Indian family businesses are entering a new growth phase. Next generations balance legacy with innovation and measured risk. Family offices now deploy capital for startups and frontier technologies. Legacy groups focus on calibrated risk-taking and manufacturing capabilities. Succession planning and adapting to new markets are key challenges. ...Less

Indian stock market is expected to extend recent gains this week. The Reserve Bank of India's policy deci ...More

Indian stock market is expected to extend recent gains this week. The Reserve Bank of India's policy decision will significantly influence market direction. Geopolitical tensions in the Middle East and fluctuating oil prices remain key concerns. Foreign institutional investors are showing renewed interest in Indian equities. Corporate earnings announcements will also provide crucial trading cues for investors. ...Less

Indian stock markets experienced a significant surge on Monday. Nifty and Sensex indices both closed high ...More

Indian stock markets experienced a significant surge on Monday. Nifty and Sensex indices both closed higher after positive news emerged. President Donald Trump's statement on Iran talks boosted investor sentiment considerably. Major companies like IndiGo, Infosys, and TCS saw substantial share price increases. Broader market indices also reflected the overall bullish trend across exchanges. ...Less

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She ...More

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals are investing heavily to capture market share in online groceries. ...Less

Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and m ...More

Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5. ...Less

Sinha joins at a time when Instamart has been losing market share even as it attempts to contain its moun ...More

Sinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group veteran, she began her stint at the online retailer as an associate director in 2013, managing the beauty and personal care categories. ...Less

ET celebrates the melding of generational wisdom with disruption, and old school with new-age, along with ...More

ET celebrates the melding of generational wisdom with disruption, and old school with new-age, along with the never-say-die spirit that makes family-owned businesses some of the strongest and biggest success stories of today ...Less

Zepto IPO delay: People aware of the discussions told ET that the company has received a formal price ind ...More

Zepto IPO delay: People aware of the discussions told ET that the company has received a formal price indication from large institutional investors and is negotiating for a week or two before deciding whether to proceed. A deferment is on the table if the price gap does not close, though the company would prefer to list, they added. ...Less

Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation ...More

Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial. ...Less

Reliance Retail has launched AJIO Beauty, expanding its beauty business. This move integrates cosmetics a ...More

Reliance Retail has launched AJIO Beauty, expanding its beauty business. This move integrates cosmetics and personal care onto its fashion platform. The strategy aims to build an integrated fashion, beauty, and lifestyle ecosystem. AJIO Beauty will offer a wide range of products and brands nationwide. This expansion taps into India's rapidly growing beauty and personal care market. ...Less

Nykaa shares have broken out of a four-year consolidation to hit fresh highs in July 2026, supported by s ...More

Nykaa shares have broken out of a four-year consolidation to hit fresh highs in July 2026, supported by strong technical indicators and sustained buying interest. Analysts see further upside towards Rs 370, though overbought signals suggest the possibility of a near-term pullback amid continued bullish momentum. ...Less

Nykaa share price gained 3% following a robust quarterly business update. The company anticipates nearly ...More

Nykaa share price gained 3% following a robust quarterly business update. The company anticipates nearly 30% year-on-year growth in consolidated net revenue for the June quarter. This surge is largely attributed to a significant turnaround in its fashion segment, projecting around 55% net sales value growth, alongside continued strength in its core beauty business. ...Less

The company, in a voluntary quarterly update filed with the stock exchanges on Sunday, said consolidated ...More

The company, in a voluntary quarterly update filed with the stock exchanges on Sunday, said consolidated gross merchandise value and net sales value growth for Q1 FY27 are expected to be in the early thirties on a year-on-year basis. The update is provisional and subject to limited review by the company’s statutory auditors. ...Less

South Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This ...More

South Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This cultural wave now fuels substantial economic ties and foreign investment. Korean brands are deeply embedded in India's consumer market across various sectors. Bilateral trade and investment are expanding, covering advanced manufacturing and technology. This partnership aims to build resilient ecosystems from chips to ships. ...Less

Domestic companies expect the India-UK trade pact to spur innovation and not create serious competition. ...More

Domestic companies expect the India-UK trade pact to spur innovation and not create serious competition. The agreement reduces tariffs on many products, making British goods more affordable for consumers. Companies like Amul see advantages in local sourcing, mitigating import competition concerns. Retailers believe the pact will encourage quality enhancement and premiumisation among Indian manufacturers. The trade deal's impact on prices is expected to be gradual and measured over time. ...Less

Naturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturin ...More

Naturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturing facility in Vapi, an experience centre in the Delhi-NCR region and a research and development centre in Mumbai. It also plans to strengthen its team across functions. ...Less

Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unv ...More

Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unveiling an ambitious FY30 vision. The company aims to achieve a $5 billion gross merchandise value, driven by disciplined execution and capital-efficient investments. ...Less

Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled bo ...More

Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last three years while maintaining profitability. ...Less

Indian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with ...More

Indian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Late-stage funding accounted for the majority of capital raised this week. July funding so far stands at about $650 million, compared with $1.91 billion in June. ...Less

Nykaa aims to surpass $5 billion in gross merchandise value by fiscal 2030, projecting a two to threefold ...More

Nykaa aims to surpass $5 billion in gross merchandise value by fiscal 2030, projecting a two to threefold revenue increase and four to fivefold EBITDA growth. The beauty retailer plans to significantly expand its store network and boost fashion merchandise sales, with its core beauty business already showing strong sales growth. ...Less

"This is to inform you Mr Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“th ...More

"This is to inform you Mr Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“the Company”) will be leaving the Company, effective close of business hours on November 25, 2022, to pursue other opportunities in the digital economy & start-up space," Nykaa said in a BSE filing. ...Less

Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary s ...More

Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary stake sale. ...Less

Brokerages have, however, remained bullish on the stock. Out of the 17 analysts with coverage on Nykaa, 1 ...More

Brokerages have, however, remained bullish on the stock. Out of the 17 analysts with coverage on Nykaa, 10 have strong buy ratings, two have buy, three have hold and two have sell calls, shows Trendlyne data. ...Less

In a filing to the exchanges, the omnichannel retailer said the gross merchandise value (GMV) for the ver ...More

In a filing to the exchanges, the omnichannel retailer said the gross merchandise value (GMV) for the vertical is expected to be in the low thirties "indicating strong momentum in all of Nykaa’s beauty businesses – ecommerce platform, retail stores, owned brands and eB2B distribution”. ...Less

Co-founded by Suchita Salwan and Dhruv Mathur in 2015, LBB had a total revenue of Rs 19.44 crore in 2021- ...More

Co-founded by Suchita Salwan and Dhruv Mathur in 2015, LBB had a total revenue of Rs 19.44 crore in 2021-22. "The transaction will enable the company to strengthen its content delivery, drive discovery for brands and make shopping experience more engaging for the customers," Nykaa said in a regulatory filing. Nykaa will acquire 100 per cent stake in LBB in an all-cash deal. ...Less

American private equity firm TPG Capital is likely to have sold shares in two block trades at Rs 184.55 p ...More

American private equity firm TPG Capital is likely to have sold shares in two block trades at Rs 184.55 per share, according to reports. In the two deals, 1.9% of Nykaa equity is said to have changed hands. ...Less

Astha Jain, Senior Research Analyst, Hem Securities, said the investors should not think of making any fr ...More

Astha Jain, Senior Research Analyst, Hem Securities, said the investors should not think of making any fresh investment in Nykaa at this point of time. ...Less

Falguni Nayar, who owns about half of Nykaa, is now worth about $6.5 billion as shares of the firm surged ...More

Falguni Nayar, who owns about half of Nykaa, is now worth about $6.5 billion as shares of the firm surged as much as 89% when they started trading Wednesday. ...Less

"The fact that Nykaa's stock prices are 1,600 times the company's earnings is concerning. The best thing ...More

"The fact that Nykaa's stock prices are 1,600 times the company's earnings is concerning. The best thing for a value investor would be to go on a long vacation right about now," said Nikhil Kamath, co-founder, True Beacon and Zerodha. ...Less

Nykaa informed the stock exchanges that Arvind Agarwal will leave the company and step down from his role ...More

Nykaa informed the stock exchanges that Arvind Agarwal will leave the company and step down from his role on November 25, adding that he would "pursue other opportunities in the digital economy and start-up space". ...Less

PMS fund manager Deepak Shenoy had earlier warned in a tweet that if Nykaa did the bonus to reduce pressu ...More

PMS fund manager Deepak Shenoy had earlier warned in a tweet that if Nykaa did the bonus to reduce pressure from shareholders selling, this is a very short-sighted move and will backfire big time when shares actually come by. ...Less

The consensus recommendation from 16 analysts with a coverage on Nykaa is a buy with only two of them rec ...More

The consensus recommendation from 16 analysts with a coverage on Nykaa is a buy with only two of them recommending a sell, shows Trendlyne data. The highest target price on the stock goes to Rs 2,750 while the average target of Rs 1,705 shows an upside potential of over 33%. ...Less

The broker has a 12-month price target of Rs 2,750 on Nykaa. The counter traded at Rs 2,194, down nearly ...More

The broker has a 12-month price target of Rs 2,750 on Nykaa. The counter traded at Rs 2,194, down nearly 2 per cent on Wednesday morning. The stock has already doubled from its issue price of Rs 1,125. ...Less

Indian beauty and fashion retailer, Nykaa, expects a 25% increase in net sales value (NSV) and a 20% year ...More

Indian beauty and fashion retailer, Nykaa, expects a 25% increase in net sales value (NSV) and a 20% year-on-year revenue growth in Q2, mirroring its performance in Q1. The company's flagship event, the 'Hot Pink Sale', contributed to this growth. Nykaa's beauty and personal care segment is the biggest revenue driver, with a 20% YoY NSV growth expected. ...Less

Nykaa is looking to expand its portfolio with the launch of exclusive brand partnerships and increasing i ...More

Nykaa is looking to expand its portfolio with the launch of exclusive brand partnerships and increasing its offline footprint to 90 stores by 2020. ...Less

Asthana, a chief executive in Tata’s ecommerce venture, was the CBO at Nykaa for four years and was also ...More

Asthana, a chief executive in Tata’s ecommerce venture, was the CBO at Nykaa for four years and was also on the company’s board. Nykaa said in its petition that such a high position in the company made him privy to confidential business data. Nykaa said it granted Asthana an exception to join a direct rival despite having a non-compete agreement with him. ...Less

Nykaa's parent company, FSN E-Commerce, witnessed a substantial 79% surge in net profit, reaching Rs 24.4 ...More

Nykaa's parent company, FSN E-Commerce, witnessed a substantial 79% surge in net profit, reaching Rs 24.47 crore in the fiscal first quarter, driven by a 23% revenue increase to Rs 2,155 crore. The beauty vertical's GMV grew by 26%, while the fashion vertical accelerated to 25% GMV growth. Nykaa is also set to acquire the remaining stake in Nudge Wellness. ...Less

This is a 5-year CAGR of 52%. Nykaa’s House of Brands combines seven beauty and five fashion brands. FSN ...More

This is a 5-year CAGR of 52%. Nykaa’s House of Brands combines seven beauty and five fashion brands. FSN E-Commerce, the parent entity of Nykaa, has set a GMV target of Rs 6,000 crore for the brands by FY30. ...Less

The company already had a presence abroad in the Gulf Cooperation Council (GCC) through its omnichannel p ...More

The company already had a presence abroad in the Gulf Cooperation Council (GCC) through its omnichannel platform called Nysaa. Launched in 2019, Kay Beauty is a part of the company’s House of Nykaa portfolio, which includes in-house brands such as Nykd, Nykaa Cosmetics, Dot & Key and Earth Rhythm. ...Less

"During the quarter, we continued to demonstrate strong GMV growth with improvement in gross margin, effi ...More

"During the quarter, we continued to demonstrate strong GMV growth with improvement in gross margin, efficiency in fulfilment and marketing cost lead to improvement in EBITDA margin YoY," Nykaa said in an exchange filing. ...Less

Shares of FSN E-Commerce Ventures, the profit-making company that owns the Nykaa brand, soared 89.2% to R ...More

Shares of FSN E-Commerce Ventures, the profit-making company that owns the Nykaa brand, soared 89.2% to Rs 2,129 after opening at Rs 2,018 in pre-open trade. ...Less

Investors can apply for Nykaa IPO till Monday, November 1. ...More

Investors can apply for Nykaa IPO till Monday, November 1. ...Less

Pipa Bella will continue to offer its services on its own website and also extend this functionality as a ...More

Pipa Bella will continue to offer its services on its own website and also extend this functionality as a consumer brand under the Nykaa Fashion portfolio, a statement said. ...Less

Beauty and fashion retail brand Nykaa is projected to grow at a compound annual growth rate (CAGR) of abo ...More

Beauty and fashion retail brand Nykaa is projected to grow at a compound annual growth rate (CAGR) of about 20% between FY24 and FY27, as forecasted by brokerage firm Jefferies. In FY24, Nykaa’s BPC segment was up 25% in GMV terms to Rs 8,340 crore, while the fashion segment grew 27% to Rs 3,269 crore. ...Less

Nykaa Now delivered over 1.3 million orders as of the June quarter end. Nykaa recorded an annualised gros ...More

Nykaa Now delivered over 1.3 million orders as of the June quarter end. Nykaa recorded an annualised gross merchandise value of $2 billion across all platforms in Q1. ...Less

Nykaa Q2 Results: In an exchange filing, Nykaa said its EBITDA improved to Rs 61 crore vs Rs 28.8 crore i ...More

Nykaa Q2 Results: In an exchange filing, Nykaa said its EBITDA improved to Rs 61 crore vs Rs 28.8 crore in the year-ago period. Its consolidated margin also improved to 4.9% against 3.3% on a YoY basis. ...Less

Nykaa currently offers a limited selection of products under men’s grooming on its main portal with the c ...More

Nykaa currently offers a limited selection of products under men’s grooming on its main portal with the category being one of the fastest growing ones for the firm. ...Less

Nykaa's parent company, FSN E-Commerce, announced a significant jump in net profit for the March quarter. ...More

Nykaa's parent company, FSN E-Commerce, announced a significant jump in net profit for the March quarter. Operating revenue also saw a healthy increase, driven by customer growth and brand partnerships. The beauty segment performed strongly, while fashion segment growth was more subdued. ...Less

Nykaa Fashion is only gaining market share slowly, it said, adding that Nykaa BPC will continue dominatin ...More

Nykaa Fashion is only gaining market share slowly, it said, adding that Nykaa BPC will continue dominating the competitive landscape and display operating leverage. The brokerage has factored in a slightly lower than expected growth/margins in Fashion while it feels that Superstore business will also require investments over the near to medium term. ...Less

Given the recent volatility in the stock, we again bake in a higher cost of capital assumption, which yie ...More

Given the recent volatility in the stock, we again bake in a higher cost of capital assumption, which yields a target price of Rs 195 (Rs 251 earlier); maintain ‘BUY’. At CMP, Nykaa is trading at FY25E EV/sales of 5x. The confluence of both growth and profitability would be critical for valuations to improve. Besides, the gross margin miss, an aberration as per management, must reverse else as any structural impact could negate benefits in marketing and fulfilment. ...Less

Nykaa Q3 Results: Nykaa reported a 61% YoY growth in its consolidated net profit to Rs 26.12 crore, falli ...More

Nykaa Q3 Results: Nykaa reported a 61% YoY growth in its consolidated net profit to Rs 26.12 crore, falling short of the Street estimate. Revenue rose by 27% YoY to Rs 2,267 crore, aligning with expectations. The company's EBITDA for the October-December 2024 quarter stood at Rs 141 crore, with margins at 6.2%. ...Less

Zee Entertainment has sued Nykaa for allegedly using its copyrighted songs in Instagram reels to promote ...More

Zee Entertainment has sued Nykaa for allegedly using its copyrighted songs in Instagram reels to promote its products, seeking $210,000 in damages, Reuters reported this month. ...Less

The Nykaa-Pipa Bella deal comes at a time when India’s largest online cosmetics retailer is lining up an ...More

The Nykaa-Pipa Bella deal comes at a time when India’s largest online cosmetics retailer is lining up an IPO some time this year at a valuation of $3.5 billion. ...Less

Nykaa said LBB's content-first approach focussing on fashion, home and beauty categories aligns well its ...More

Nykaa said LBB's content-first approach focussing on fashion, home and beauty categories aligns well its strategy. ...Less

Deciem, the company that owns The Ordinary brand of skincare cosmetics, will sell in the region through N ...More

Deciem, the company that owns The Ordinary brand of skincare cosmetics, will sell in the region through Nykaa’s omni-channel model of brick-and-mortar stores and online presence, Nicola Kilner, co-founder and chief executive of Deciem told ET in an exclusive interview. ...Less

Nihir Parikh, CEO of Nykaa’s fashion vertical, has resigned effective December 5, 2024, citing personal c ...More

Nihir Parikh, CEO of Nykaa’s fashion vertical, has resigned effective December 5, 2024, citing personal commitments. A Nykaa veteran since 2015, Parikh contributed significantly to the company’s growth. His departure comes amid slower-than-expected performance in the fashion segment and Nykaa’s focus on quick commerce initiatives, including piloting a 10-minute delivery service in Mumbai. ...Less