Launching initially are the Belviso Vitamin C Serum, Belviso Multi-Acid Serum, Belviso Niacinamide Serum, Belviso Total Nano Gel and Belviso Transformation Cream
Companies post strong growth in Q3; competition heats up as ABFRL, TCNS Clothing enter space
In a Q&A, the CEO of the firm's beauty e-commerce segment dwells on the factors leading to a drop in profit, goal for its fast-growing fashion segment and physical retail foray
A 2018 report by Research and Markets, which pegged the ayurveda market in India at Rs 300 billion, expects it to touch Rs 710.87 billion by 2024
BENGALURU (Reuters) - Shares of cosmetics-to-fashion platform Nykaa made a blockbuster opening on Wednesday, valuing the Indian company at near $13 billion, in the latest startup listing after food delivery firm Zomato's stellar debut in July.
The company has a three million-strong customer base and serves 300,000 customers a month; opens its first-ever exclusive store at R-City Mall in Mumbai
POPxo, a digital community for women, on Friday announced its foray into the beauty segment and said it aims to log a revenue run rate of Rs 100 crore in the next 12 months.
Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.
The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.
MyGlamm on Tuesday said it has raised Rs 355 crore in fresh funding from Accel, along with participation from existing investors, taking the total funds raised in this round to Rs 530 crore
The company, which saw investors pull out of a fund raise as the pandemic struck, is now eyeing an annual revenue run rate of Rs 600 cr by this December
Homegrown beauty and personal care brand St Botanica is two times bigger than what it was pre-Covid
Before the Covid-19 outbreak in the country, Vineeta Singh's firm SUGAR had already crossed Rs 100 crore in net revenue and posted an 85% YoY growth rate
Luxury retailers and beauty companies have had earnings dented by the closure of airport duty-free shops and high street stores,
Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into
It is targeting $ 1 billion in GMV by 2025 (from around $ 75 million) based on Goldman Sachs discussions with the company's top brass sometimes ago
Drawing on the huge reach of online retailers like Alibaba and JD.com, at least 10 new Chinese male skincare brands have been set up this year, said media reports
Company's revenues improved by 18 per cent in September quarter compared to over the year-ago quarter, with growth coming from its portfolio of brands.
Their arsenal of natural serums, toners, masks and mists has shifted consumer focus from makeup to skin health
HUL recently dropped the word 'Fair' from its skin creams for men and women, and renamed the skin cream for men as 'Glow & Handsome'