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FOUNDER AND CEO OF NYKAA
Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
Alaya By Stage3 raises seed funding to scale AI-led expansion in India’s ethnic wear marketAlaya By Stage3, an Indian wear brand, secured seed funding. The capital will boost operations and supply chain. AI integration will enhanc...
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
Nykaa eyes Deepika Padukone's 82°E; Wipro seals $1B dealNykaa is in talks with Deepika Padukone’s premium skincare brand 82°E to buy a majority stake. This and more in today's ETtech Top 5.
India’s ‘Lush’ green market is the new battleground for global beauty giantsInternational beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major ci...
Nykaa reports 2.5x rise in Q3 net profit to Rs 68 crore, revenue jumps 27%Nykaa's parent company FSN E-Commerce Ventures saw its net profit surge 2.5 times to Rs 67.7 crore in the December quarter. This growth was...
Nykaa eyes Rs 6,000 crore GMV from in-house brands by FY30, ramps up fashion and AI betsNykaa plans to boost its in-house brand value to Rs 6,000 crore by FY30. The fashion section anticipates significant growth. Artificial int...
Introducing BEAUTY&YOU India 2024: A Program to discover and spotlight the next generation of India-focused Beauty Brands, Beauty Entrepreneurs and Creative Professionals.The third edition of BEAUTY&YOU India will increase its support for beauty innovators, with new mentorship opportunities and a substantial ...
Nykaa has huge lead, edge to actively defend its turf: Founder Falguni NayarNykaa, led by Falguni Nayar, plans to stay competitive in the beauty and fashion retail sector with a focus on customer expectations and ma...
Leadership rejig to aid strategic realignment, says Nykaa as key executives quitThe company further said it roped in Rozita Nouruzi as the CEO of Nysaa, its omnichannel beauty business in partnership with the Apparel Gr...
Nykaa hires Vishal Gupta from Unilever as executive VP for consumer beauty brandsGupta, an alumnus of IIT Delhi and IIM Bengaluru, has nearly three decades of experience in the FMCG space.
Nykaa's Falguni Nayar is India's richest self-made woman, wealth surges 963%Falguni Nayar, founder and CEO of Nykaa, has moved ahead of Biocon founder and CEO Kiran Mazumdar-Shaw to become the richest self-made woma...
Nykaa makes strategic investments in Earth Rhythm, Nudge Wellness and Kica ActiveThe listed entity said it had acquired 18.51% of Earth Rhythm, a clean beauty and personal care cosmetics brand, for Rs 41.65 crore. It fur...
Focus is on fundamentals, not valuation, says Nykaa CEO Falguni Nayar‘All we can do is deliver on the fundamentals and if the valuation goes up or down with the broader market, there is nothing that we can do...
Dalal Street gets Nykaa-ed: Biocon boss calls it a fantastic debut; Zerodha co-founder says value stock investors must go on a long holidayNykaa Fashion CEO Adwaita Nayar and actress Katrina Kaif attended the listing event.
Fidelity invests in beauty etailer NykaaThe investment comes nine months after Nykaa raised Rs 166 crore in a primary transaction from Steadview Capital at a valuation of $1.2 bil...
Lighthouse invests Rs 113 crore in secondary investment in Nykaa; TVS Shriram Fund exits completelyNykaa is looking to expand its portfolio with the launch of exclusive brand partnerships and increasing its offline footprint to 90 stores ...