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TPG Growth IV SF offloads shares of Nykaa worth Rs 202 crore

TPG Growth IV SF sold a total of 1,08,43,050 shares in two tranches, amounting to 2.28 per cent stake in the companyNew Delhi: TPG Growth IV SF on Friday offloaded shares of Nykaa’s parent company FSN E-Commerce Ventures for Rs...

Nykaa’s Q2 net profit rises to Rs 5.19 crore

New Delhi: Beauty and fashion FSN E-Commerce Ventures, which operates under the Nykaa brand, on Tuesday posted a multi-fold increase in consolidated net profit at Rs 5.19 crore for the three months ended September.The company had posted a net profit...

Nykaa gets one step closer to the IPO, files DRHP: Report

Omnichannel beauty retail platform Nykaa has filed its draft red herring prospectus (DRHP) with market regulator SEBI to raise INR 4000 crore via initial public offering (IPO), according to a report.The DRHP did not mention the total size of...

Nykaa Fashion expands into Athleisure category with Nykd All Day

Nykd by Nykaa, the lingerie and sleepwear brand from Nykaa Fashion, announced the launch of Nykd All Day, a fashion sub-brand for women featuring Athleisure, Leisure, and Activewear. Through this expansion, the multi-brand fashion e-commerce platform aims to introduce clothing that focuses on...

Nykaa launches cult skincare brand Mario Badescu in India

Holiday season might be over but Nykaa has plans to reward skincare lovers all through the year. Country's leading beauty and fashion destination announces the launch of the cult skincare brand Mario Badescu in India, only at Nykaa in select stores and online. For the first time...

Nykaa Naturals branches out into a new category, launches hair care range

Nykaa has taken a step torwards giving its consumers a Natural Hair Care Range that not only cares for their mane but also addresses common hair concerns through ingredient led solutions. The new category is called Nykaa Naturals Hair,...

South Bombay gets a beauty makeover with new Nykaa Luxe store

Nykaa, India’s leading beauty and personal care destination opens its Luxe doors at Churchgate, taking the total count of its offline presence in the country to a milestone of 75 stores. This is Nykaa’s exclusive address in South Mumbai, a market brimming with refined taste in...

Fashion brand Indya forays into skincare, aims at 20% revenue from the segment in 2 yrs

Women's fashion brand Indya has forayed into the skincare segment and said it expects 15-20 per cent of its revenue to come from this category in the next 18-24 months. Indya, which is owned by High Street Essentials (HSE) that also runs the FabAlley brand,...

Nykaa planning a $3 billion IPO in 2021: Report

Online-beauty-turned-omnichannel-lifestyle-retailer Nykaa, which entered the unicorn club with a $13 million funding from exisiting investors, is all set to launch its IPO in 2021.The startup founded by Falguni Nayar, a former investment banker, is working with advisers to prepare...

What’s Next in 2021? CEOs Talk Strategies, Solutions

The coronavirus pandemic was a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilized to an extent and economies are gradually opening up, the industry is being confronted by a string...
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India witnesses 11.5% increase in mall consumption in FY 2024

North India and West India are at the forefront of the mall consumption surge, with growth rates of 13.0%...
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