Business

Nykaa Just Gifted Shares Worth ₹32 Lakh to Employees — Here’s the Real Reason Behind It

Is This Beauty Giant Rewarding Loyalty or Bracing for a Bigger Play? While most of us were just getting through another weekday, Nykaa—India’s beauty and fashion powerhouse—was quietly making a move that could change the game for its employees. The company’s parent, FSN E-Commerce Ventures, just handed out 17,010 equity shares under its Employee Stock Option Plan (ESOP). The catch? These…
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BusinessNews

Nykaa’s Big Move: Earth Rhythm Acquisition Could Revolutionize the Clean Beauty Market in India

Nykaa Acquires Majority Stake in Earth Rhythm: A Bold Move in Clean Beauty In an exciting move that signals the growing importance of clean beauty in India, Nykaa, the leading beauty e-commerce giant, has announced its acquisition of a majority stake in Earth Rhythm, a popular clean beauty brand. This strategic acquisition builds on Nykaa’s earlier investment in Earth Rhythm, where the company…
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BusinessNews

Nykaa Boosts Employee Engagement with 3.08 Lakh ESOP Shares Allocation

In a significant move to enhance employee motivation, Nykaa, the leading beauty and personal care platform spearheaded by Falguni Nayyar, has announced the allocation of 3.08 lakh equity shares under its employee stock option plan (ESOP). This strategic issuance reflects Nykaa’s commitment to recognizing and rewarding its workforce, especially as it navigates a competitive landscape in the…
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BusinessNewsSuccess Story

Nykaa Appoints Sukhleen Aneja as SVP and Business Head for Kay Beauty: A New Era of Growth and Innovation

Nykaa Expands Leadership Team Nykaa, a leading beauty and fashion retailer in India, has announced the appointment of Sukhleen Aneja as Senior Vice President and Business Head for Kay Beauty. This strategic move aims to accelerate the growth of Kay Beauty, a popular celebrity beauty brand launched in collaboration with Bollywood actress Katrina Kaif. Driving International Growth for Kay…
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BusinessInterview

Nykaa has procured Kolkata-based local skincare brand Dot and Key

Excellence driven internet based commercial center Nykaa has procured Kolkata-based local skincare brand Dot and Key only days before the dispatch of its first sale of stock (IPO). Nykaa, in any case, didn’t disclose the subtleties of the exchange. Founded by Suyash Saraf and Anisha Saraf, Dot and Key offers premium skincare items like serums, face covers, toners and chemicals. The brand has as…
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BusinessNews

Oyo has documented its draft DRHP with SEBI along with details of its Initial Public Offering

Hospitality giant Oyo has documented its draft distraction outline or DRHP with SEBI along with details of its much-awaited Initial Public Offering (IPO). The SoftBank-backed company is slated to raise Rs 8,430 crore in the upcoming public deal constituting a fresh issue of Rs 7,000 crore and a proposal for sale (OFS) of Rs 1,430 crore. SoftBank Vision Fund will be the greatest beneficiary of the…
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BusinessNews

Nykaa Fashion obtains Pipa Bella to fortify adornments classification

Nykaa Fashion, the internet business foundation of India’s biggest online beauty care products retailer, has obtained online adornments brand Pipa Bella to fortify its extras class. Pipa Bella will keep on offering its administrations on its own site and expand this usefulness as a buyer brand under the Nykaa Fashion portfolio. The details of the Nykaa-Pipa Bella bargain were not unveiled.
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BusinessNewsStartup

Tiger Global-upheld Chaayos grows its ESOP pool

Tea bistro chain Chaayos has extended its representative stock possession plan or ESOP pool. The New Delhi-based organization has passed an uncommon goal to add 62,229 value offers to the pool, administrative filings show. According to Fintrackr gauges, the recently added shares are worth north of Rs 12.5 crore. The new expansion comes when the organization has begun recuperating from a serious…
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BusinessNews

Nykaa dispenses shares worth Rs 64.3 Cr under ESOP

Omnichannel excellence and way of life retailer Nykaa, which is arranging an IPO before the year’s over, has allocated shares worth Rs 64.3 crore under ESOP, administrative filings show. The organization has passed an uncommon goal to distribute 100,000 alternatively convertible inclination shares worth Rs 60.6 crore. According to the goal, each offer will be changed over into 1 value share if a…
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