14 Facts About Nykaa

1.

Nykaa is an Indian e-commerce company, founded by Falguni Nayar in 2012 and headquartered in Mumbai.

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2.

Nykaa sells products which are manufactured in India as well as internationally.

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3.

The brand name Nykaa is derived from the Sanskrit word nayaka, meaning actress or "one in the spotlight".

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4.

In Dec 2020, Nykaa Fashion launched its first store in Delhi, making the fashion business omnichannel.

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5.

Since 2012, Nykaa has raised money through multiple rounds of funding.

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6.

Nykaa opened its initial public offering on 28 October 2021.

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7.

Nykaa was publicly listed on the NSE and BSE on 10 November 2021, and its price rose by 89.

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8.

Nykaa follows an inventory-based model with warehouses in Mumbai, New Delhi, Pune, Haryana, Kolkata and Bangalore.

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9.

Nykaa has a series of in-house brands within beauty and fashion.

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10.

In 2015, Nykaa launched its collection of in-house beauty products via Nykaa Cosmetics and later expanded it across categories of Eyes, Nails, Face, Lips.

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11.

The Nykaa Naturals portfolio is a collection of skincare and personal care products.

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12.

Nykaa extends social and financial help to causes such as education, health, women's rights and empowerment, rural development, and disaster management.

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13.

Since 2015, Nykaa has hosted the 'Nykaa Femina Beauty Awards' in partnership with women's lifestyle magazine Femina.

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14.

In 2019, Nykaa Fashion launched 'The Power List' in partnership with Vogue India.

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