Nykaa
Nykaa Journey
Nykaa's Founder and History
Nykaa is a one of the leading E-commerce company in Personal Care & Cosmetics category.
It founded by Falguni Nayar in April, 2012 with a headquarter of Mumbai, India.
It become a popular E-commerce platform among customers in Personal Care & Cosmetics.
The success of Nykaa involve a hard work or marketing strategy which applied by its founders in it.
Its Wikipedia page reported that its founder or Falguni Nayar is a former director of Kotak Mahindra Bank.
It sell products in different categories by their website as well as their app platform.
Wikipedia reported that it have approximately 100+ physical stores from where the products are also sold by company physically not by the platform.
Nykaa Unicorn Status
Multiple unicorns are their in India but it's different from them, and their is something special in this unicorn which is that, it become 1st unicorn in India which is operated by a Women.
After 8 years of successful business, It achieve a status of unicorn in March, 2020. At the time when its become its entry valuation of 1.2 billion dollars.
Its valuation later reached up to 1.8 billion dollars after the last round of investment.
This means investors invested on Nykaa in a valuation of 1.8 billion dollars in last funding round.
Initially it founded by Falguni Nayar as a private startup or E-commerce platform which later become a publicly listed company.
Currently it can ask general public to buy its shares and debentures, it help Nykaa to attract more investors for its company.
Nykaa Investors
Some of the most popular peoples or companies who invested in Nykaa are like Techpro Ventures, TVS Capital, Sharrp Ventures, TPG Growth, Steadview Capital and so on.
The number of investors of Nykaa also increased year by year, which help it to increase valuation among investors.
Nykaa Projects 22-23% Revenue Growth in Q1 FY25 an Outlook
Recently Nykaa comes in highlights when it projects a robust revenue growth of 22-23% for the first quarter of FY25. This anticipated growth mirrors the previous year’s performance and showcases the company’s steady expansion in the beauty sector. Beauty Vertical’s Consistent Performance The beauty vertical of Nykaa is expected to continue its strong performance, contributing […]
Nykaa Expands to Qatar with Nysaa Cosmetics: 70 GCC Stores
Nykaa is making significant strides by expands itself to Qatar which is its international footprint. The company’s recent move to establish a subsidiary in Qatar underlines its ambitions to capture a substantial share of the Gulf Cooperation Council (GCC) market. This article delves into Nykaa’s strategic expansion, its new subsidiary, and the future plans for […]
Nykaa Growth Plans: Brokerages Bullish, Price Target Raised
Nykaa, a leading beauty and wellness retailer, has received positive feedback from major brokerages regarding Nykaa growth plans. The two big brands of India like ICICI Securities and Kotak Institutional Equities have invested in Nykaa which reflect its strength in the market. ICICI Securities Upgrades Nykaa’s Rating ICICI Securities has recently upgraded Nykaa’s stock rating […]
Nykaa Expands ESOP Pool with 4.73 Lakh Stock Options
Recently to improve employees position in company Nykaa expands ESOP pool with 4.73 lakh stock options. This decision help company to increase employees benefits, so that they can work with more efficiency. Nykaa, the renowned new-age beauty and fashion retailer, has taken a significant step and Nykaa expands ESOP pool. With the recent allotment of […]
Nykaa Express Delivery: Boosting Customer Satisfaction
Nykaa is a one of largest beauty and fashion retail sector E-Commerce company in India. It’s stepping up its efforts to enhance Nykaa express delivery services, especially in bustling metropolitan cities. The founder and CEO Falguni Nayar’s strategic vision driving Nykaa’s expansion into express delivery services in key metro areas. Nykaa’s Delivery Strategy Falguni Nayar […]
Nykaa Growth Strategy: BPC Business to Expand by FY28
Nykaa is going to improve Nykaa growth strategy for expanding their BPC business till the financial year of 2028. Company has projected a significant growth trajectory for its BPC business. The company expects to achieve a compound annual growth rate (CAGR) in the mid to late 20% range until the financial year 2028 (FY28). This […]