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Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry
The Walmart-owned fashion retailer is scaling up its operations to tap the BPC market, which is expected to grow $38 billion by 2028
To pay Rs 172 cr under the deal, which is expected to be completed by March 31
The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22
The retailer is already in advanced stage talks to take over Sephora India rights from Arvind Fashions, which also gives it access into the premium beauty and personal care space offline
According to reports, Torrent Pharmaceuticals is set to sign a deal to acquire Curatio Healthcare, a maker of skincare products, for Rs 2100 crore.
Flipkart's social commerce platform has over 250,000 sellers and 150 million products ranging across fashion, beauty, mobiles and home
The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.
The Series A and Series B fundraises for Beauty, personal products maker Believe were led by Accel and Jungle Ventures with participation from Wamda Capital, a Middle East-based fund.
Launching initially are the Belviso Vitamin C Serum, Belviso Multi-Acid Serum, Belviso Niacinamide Serum, Belviso Total Nano Gel and Belviso Transformation Cream
Companies post strong growth in Q3; competition heats up as ABFRL, TCNS Clothing enter space
In a Q&A, the CEO of the firm's beauty e-commerce segment dwells on the factors leading to a drop in profit, goal for its fast-growing fashion segment and physical retail foray
A 2018 report by Research and Markets, which pegged the ayurveda market in India at Rs 300 billion, expects it to touch Rs 710.87 billion by 2024
BENGALURU (Reuters) - Shares of cosmetics-to-fashion platform Nykaa made a blockbuster opening on Wednesday, valuing the Indian company at near $13 billion, in the latest startup listing after food delivery firm Zomato's stellar debut in July.
The company has a three million-strong customer base and serves 300,000 customers a month; opens its first-ever exclusive store at R-City Mall in Mumbai
POPxo, a digital community for women, on Friday announced its foray into the beauty segment and said it aims to log a revenue run rate of Rs 100 crore in the next 12 months.
Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.
The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.
MyGlamm on Tuesday said it has raised Rs 355 crore in fresh funding from Accel, along with participation from existing investors, taking the total funds raised in this round to Rs 530 crore
The company, which saw investors pull out of a fund raise as the pandemic struck, is now eyeing an annual revenue run rate of Rs 600 cr by this December