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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Store expansion, premiumisation and a growing customer base are driving its beauty business. Fashion, meanwhile, is showing improvement but still lacks a clear differentiator.
Nykaa’s turnaround is increasingly evident in its results. Its second-quarter performance, declared late last week, was impressive. Revenue from the beauty vertical grew 27% year-on-year in Q2 FY27, while fashion, a relatively smaller business, reported its third consecutive quarter of EBITDA-level profitability. The company has also launched a Luxe store within the Nykaa Fashion app, featuring premium brands such as Prada, Versace, Roberto Cavalli, Valentino, Fendi and Michael Kors.
This is a marked departure from 2025, when Nykaa appeared to have lost its way. At the time, we had pointed out that the beauty business continued to struggle with sticky …
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
