Nykaa Start-up

Nykaa Q3 FY25 results: Sequentially Nykaa's net profit skyrocketed 160% from Rs 10 crore

: Averring that digital transformation was the key driver of almost every industry, Nykaa Founder and CEO Falguni Nayar on Friday said businesses and individuals must adapt to the ever-evolving' scenario. Addressing the students at Indian School of Business (ISB) here, she said: Digital transformation is today the key driver of nearly every industry, from commerce to finance to healthcare, you name it, and businesses and individuals must adapt to this ever-evolving new world. Reimagining how business operates from the ground up, leveraging technology to create value for customers, and driving constant innovation is critical. Approach the power of technology with a growth mindset. Embrace experimentation and iteration, and don't be afraid to fail, Nayar told the students, according to a release from the ISB. ISB Board Chairperson Harish Manwani said : In this new paradigm, your focus should not only be on creating economic value but also on solving the challenges and needs of the ...

Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry

"We are excited to welcome Arvind to our leadership team," said Prosus-owned PayU India in a statement

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

Paytm shares go down 10 per cent after SoftBank pares holding; Delhivery, PolicyBazaar under pressure

Nykaa has already expanded to 15 cities, not states. Ergo fulfilment costs are already down. Distance from warehouse to customer has therefore, shrunk

Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore

The company had posted a net profit of Rs 1.17 crore in the same period a year ago

The cosmetics-to-fashion platform, headed by Falguni Nayar, has said its marketing expenses in 2020 came in exceptionally low as it did not spend as much on advertising due to the pandemic

The beauty startup's Rs 5,300-crore IPO opens for subscription on Thursday

Promoters and investors selling shares via OFS upto 43.1 million

It is targeting $ 1 billion in GMV by 2025 (from around $ 75 million) based on Goldman Sachs discussions with the company's top brass sometimes ago

Deliberations are ongoing and details of the offering including the size and timeline could change

Nykaa was started in 2012 by Falguni Nayar. It has raised $93.3 million excluding the lastest fund infusion by Steadview Capital

Right marketing and product strategy have helped Falguni Nayar build a beauty retail business