Nykaa
Business focus
Consumer Brands, Apparel & Retail
Description
Nykaa, operated by FSN E-Commerce Ventures, is India's leading beauty and personal-care marketplace, serving over 45 million users across 19,000+ pin codes as of 2025. The platform uses AI/ML for personalized product discovery, recommendations by skin type, virtual try-on tools and AI chatbots. Consolidated GMV grew 30% year-on-year to about ₹4,744 crore in a recent period.