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Nykaa

Nykaa: A Leading Indian Beauty and Lifestyle Retailer FSN E-Commerce Ventures Ltd, operating as Nykaa, has established itself as a prominent player in India's beauty, wellness, and fashion retail sector. Headquartered in Mumbai, the company boasts a robust omnichannel presence, encompassing a compre...

Nykaa Overview

Nykaa Image Source : Wikipedia
  • Company type Public
  • Industry Consumer goods
  • Founded April 2012
  • Founders Falguni Nayar
  • Headquarters Mumbai, Maharashtra, India
  • Area served India
  • Key people Falguni Nayar
  • Services Cosmetics, skin care, perfume, hair color, personal care
  • Revenue ₹6,386 crore (US$730 million) (FY24)
  • Net income ₹40 crore (US$4.6 million) (FY24)
  • Number of employees 2,000+ (2021)
  • Website www.nykaa.com

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Nykaa history

Last Updated : 28/02/25, 01:02 AM
Nykaa: From Online Portal to Billion-Dollar Brand Falguni Nayar, a former Kotak Mahindra Capital executive, established Nykaa in April 2012 as an e-commerce platform for beauty and wellness products. The name, derived from the Sanskrit word for actress, reflects the brand's focus on spotlighting bea...

NYKAA NEWS

The beauty market boom: Can Nykaa retain its crown?

February 12, 2025 4:34 am

The Indian beauty market is booming, projected to reach a gross merchandise value of $30 billion by 2027. Nykaa, once the undisputed leader, is now facing a stiff challenge from deep-pocketed competitors like Reliance Retail’s Tira and quick commerce platforms like Blinkit and Zepto. Can it hold its ground?

Nykaa Fashion CEO Nihir Parikh quits with immediate effect

December 06, 2024 10:01 am

Nykaa, in a statement issued separately, said Nihir Parikh will continue to contribute to Nykaa Fashion as a member of its board of directors.

Top 10 self-made richest Indian women in 2024: Radha Vembu leads, with Falguni Nayar, Jayshree Ullal, Juhi Chawla making the list

September 18, 2024 3:23 pm

Top 10 richest women in India in 2024: Radha Vembu of Zoho leading at ₹47,500 crore, followed by Falguni Nayar of Nykaa and Jayshree Ullal of Arista Networks, both with over ₹32,000 crore, are the top three self-made women billionaires/millionaires in India.

Nykaa revives CID duo ACP Pradyuman and Daya to tackle beauty mysteries in campaign video. Watch

July 10, 2024 11:43 am

Nykaa has reunited CID's ACP Pradyuman and Daya for a creative skincare campaign, blending nostalgia with essential skin care tips.

Nykaa posts 24% jump in Q1 revenue on boost from summer sale

August 11, 2023 6:37 pm

Nykaa's flagship 'Pink Summer Sale' helped boost its beauty and personal care (BPC) segment - the company's biggest. BPC orders increased by 17% in the quarter.

Sensex gains 99 pts, Nifty ends at 18,321 amid volatility; broader markets outperform

May 25, 2023 3:52 pm

Sensex fell 289.12 points, or 0.46 per cent today to touch an intraday low of 61,484.66.

Nykaa Q4 Results: Net profit falls 72% to Rs 2.4 crore, revenue rises 34%

May 24, 2023 4:28 pm

Nykaa Q4 Results: Nykaa's revenue from operations in the same quarter jumped 33.7 per cent to Rs 1,301.72 crore from Rs 973.32 crore in Q4FY22.

Five executives at Nykaa resign in latest departures amid intensifying competition

March 24, 2023 4:10 pm

Among the exits are Chief Commercial Operations Officer Manoj Gandhi, Chief Business Officer of fashion division Gopal Asthana, and Chief Executive Officer of wholesale business Vikas Gupta - all executives of Nykaa.

Nykaa CFO Arvind Agarwal resigns

November 23, 2022 1:43 am

Arvind Agarwal is leaving “effective close of business hours on November 25 2022, to pursue other opportunities in the digital economy and start-up space,” it said. The company is in the process of appointing a new CFO, the company said.

An $18 billion wipeout is harsh reality of five famed domestic IPOs

November 17, 2022 3:25 pm

Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic. But investors have since dumped high-profile tech shares, even as the broader Indian stock market has outperformed global peers and scaled new peaks.

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