FSN E-Commerce parent company of Nykaa witnesses a $1 billion loss in two weeks. It plans to announce its quarterly financial results on 1 November 2022
FSN E-commerce Ventures Nykaa's Parent company has entered into an alliance with the Apparel Group of Gulf Cooperation, through its subsidiary FSN International, it will hold a 55 per cent stake in the alliance
Falguni Nayar founder of Nykaa became the self-made richest Indian woman in 2022 according to IIFL Wealth Hurun India List 2022, She is 33rd on the top 100 billionaire list, with a net worth of Rs 38,700 crore
Nykaa has also donated masks and hygiene products to police forceof their dedication towards ensuring the safetys in Mumbai, Delhi, Pune and Bangalore in appreciation