fsn e-commerce ventures

Beauty and fashion etailer Nykaa informed the stock exchanges on Friday that it expects Q1FY24 consolidated revenues to grow in the mid-twenties year-on-year (YoY).In its performance update for the first quarter (Q1) of FY24, Nykaa said its…

The premium segment of India’s beauty and personal care (BPC) category will see overall market size expanding to about 55% in 2026 from the current 45% as disposable incomes rise, according to an estimate by omnichannel beauty and fashion…

Happy Friday! Following up on a record $500 million in net sales in FY23, Boat is focussing on ramped-up software play and a robust offline presence to push up its revenue by 25% this year. More local procurement is also on the cards. This…

Hi, this is Pranav Mukul in New Delhi. Earlier this week, the Internet and Mobile Association of India (IAMAI) elected a new 24-member governing council – and from that, a four-member executive council .Dream11 cofounder and CEO Harsh Jain…

Dream11’s Harsh Jain was elected as the chairperson of the Internet and Mobile Association of India (IAMAI) amid an ongoing tussle between Indian startups and the internet body on the latter’s pro-Big Tech stance. This and more in today’s…

Reducing cash burn, narrowing losses, and finding a sustainable path to profitability were the dominant themes as major new-age tech firms announced their fourth quarter (Q4) results this month. While Paytm’s holding entity One 97…

The Delhi High Court on Monday ordered the Competition Commission of India to take up complaints filed by the Alliance of Digital India Foundation against Google’s new in-app billing policy. This and more in today’s ETtech Top 5.Also in…

A pullback in discretionary consumer spending continued to impact omnichannel retailer Nykaa’s fashion business for the January-March period, the company said on Wednesday. “Consumer pullback in discretionary spends has had some impact on…

In a significant senior-level management shakeup at Nykaa, five members of the omnichannel beauty retailer’s leadership team have quit since the beginning of 2023.Chief commercial operations officer Manoj Gandhi, chief business offer of…

Five executives at India's Nykaa have resigned, a spokesperson said on Friday, the latest departures at the beauty company amid intensifying competition and a falling stock price.Among the exits are Chief Commercial Operations Officer Manoj…