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Nykaa’s net profit grows 44% QoQ to ₹7.8 crore; discounting rises in BPC category

FSN E-commerce ventures, the operates beauty retailer Nykaa, on Monday reported a 44% sequential gr…

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Nykaa enters into a JV with Dubai-based fashion retailer Apparel Group

Beauty e-commerce player Nykaa today announced a joint venture with Dubai-based Apparel Group, a gl…

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Not seeing any major impact of competition yet, says Anchit Nayar of Nykaa

Beauty e-commerce player Nykaa has been under the scanner due to many competitors entering the fray…

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4 mins read

Nykaa is going strong on physical stores as it aims for an ‘optimum offline-online mix’

Indian beauty and personal care e-tailer Nykaa intends to continue investing in physical stores to …

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Reliance Retail to acquire Arvind Fashions' beauty retail business

The country's leading retailer Reliance will acquire the beauty retail business of the Lalbhai fami…

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Nykaa’s Q4 net profit slips 72% YoY to ₹2.4 crore as expenses mount

For the fourth quarter, Nykaa’s gross merchandise value or GMV grew 36% on a YoY basis to ₹2,445 cr…

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Nykaa’s stock plunges 4.2% after its Q3 net profit slips 70%

The stock of FSN E-Commerce, operator of the beauty and fashion e-tailer Nykaa, plunged 4.2% in the…

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6 mins read

Nykaa’s fashion foray and pipeline-style biz model worries analysts

Several new-age tech-driven businesses tapped public markets last year with very fancy valua…

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Nykaa's rival Purplle raises $38 million from Pantaloon’s CEO, Sequoia

According to the regulatory filings, Purplle has approved the allotment of 5608 Series D1 pref…

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Nykaa plunges to all-time low; analysts say overvalued stocks hit most during volatile markets

The stock of FSN E-Commerce Ventures, parent company of Nykaa has tumbled this entire week, and hit…

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3 mins read

Nykaa stock climbs over 5% after it reports ₹5.2 crore profit in Q2

FSN E-Commerce Ventures, the parent company of online retailer of beauty and fashion products Nykaa…

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3 mins read

Nykaa plans to go ‘aggressive’ with its retail store network, a vertical that contributes less than 10% to its revenue

Nykaa’s initial public offering (IPO) is one of the most sought after events in the Indian startup …

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4 mins read

Nykaa will spend its IPO money on setting up retail stores and repaying loans

Fashion and beauty e-commerce platform Nykaa has got the wheels rolling for its IPO, with the filin…

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2 mins read

Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch

India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …

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Sensex, Nifty50 end slightly higher led by gains in RIL, Infosys, ITC

Sensex ended 126.76 points or 0.22% higher at 57,653 while Nifty50 gained 40.65 points or 0.24% at …

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6 mins read

New age technology companies back in the spotlight after Q3 performance

There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…

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5 mins read

Sensex closes above 61,000 mark ahead of US inflation data led by gains in RIL, Adani stocks, ITC

India’s benchmark indices Sensex and Nifty50 ended higher on Tuesday led by gains in shares of inde…

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5 mins read

Sensex, Nifty50 end lower amid fall in Adani stocks, PSU banks, IT, metal stocks

Sensex closed 251 points or 0.41% lower at 60,432 while Nifty50 ended 86 points or 0.48% lower at 1…

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3 mins read

Nykaa’s Q1 net profit at ₹5 crore, Falguni Nayar says demand recovering in beauty, personal care

FSN E-Commerce Ventures, the parent company of online retailer Nykaa, on Friday reported a net pro…

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2 mins read

Nykaa CEO Anchit Nayar says consumers not cutting back on small luxuries despite inflation

Inflation may be hurting household budgets, but consumers are not yet cutting back on discretionary…