FSN E-Commerce Ventures (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. Since its incorporation in 2012, it has invested both capital and creative energy towards designing a differentiated journey of brand discovery for its consumers. It has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it. As a result, it has established itself not only as a lifestyle retail platform, but also as a consumer brand. It also offers consumers an Omnichannel experience with an endeavor to cater to the consumers’ preferences and convenience.
The company’s lifestyle portfolio spans across beauty, personal care and fashion products. Consumers have different journeys for different lifestyle needs, and this has led it to build business vertical-specific mobile applications, websites and physical stores. These independent channels allow it to tailor its content and curation optimally for the convenience of consumers and to cater to the different consumer journeys that exist in these business verticals.
Business area of the company
The company is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it.
Key awards, accreditations or recognitions
2017: Nykaa.com was awarded the Health & Beauty Retailer of the Year Award at the Star Retailer Awards.
2018: Nykaa was awarded the Best use of Intelligent Content (Digital Presence). Award at the Content Marketing Summit and Awards
2018: Nykaa Network was awarded the Best Launch of the Year Award at the Content Marketing Summit and Awards.
2018: Nykaa Beauty Book was awarded the Best In-House Magazine Award by ET Now Star of the Industry Awards for Excellence In Branding & Marketing.
2018: Nykaa Network was awarded the Best Launch of the Year Award by ET Now Star of the Industry Awards for Excellence In Branding & Marketing.
2019: Nykaa was awarded the Best use of Content to Commerce Award at the Content Marketing Summit Asia.
2019: Nykaa.com was awarded the Best use of Omni-Channel Content Award at the Content Marketing Summit Asia.
2019: Nykaa.com was awarded the Best Omni-Channel Content Strategy Award by National Awards for Marketing Excellence.
2019: Nykaa was awarded the Best use of Intelligent Content (Digital Presence) Award by the Content Marketing Summit and Awards.
2019: Nykaa was awarded the Most Innovative Content Distribution Strategy Award at the Content Marketing Summit and Awards.
2020: Nykaa was awarded the Retailer of the Year (Beauty, Wellness & Fitness) Award by ET Now Global Awards for Retail Excellence.
2020: Nykaa was awarded the IBG Annual Business Excellence Awards in the “Startup” category by the India Business Group.
2020: Nykaa was awarded the Special Jury Recommendation - The Disruptors Award by CNBC-TV18's India Business Leaders Awards.
Major events and milestones
2012: Incorporation of FSN E-Commerce Ventures Private Limited.
2014: Opened its first physical store at T3 International Airport, New Delhi.
2015: Hosted the Nykaa.com Femina Beauty Awards.
2015: Launched makeup and beauty accessories brand ‘Nykaa Cosmetics’.
2016: Estee Lauder launched on Nykaa’s platform.
2016: Launched naturally derived ingredients focused skincare brand ‘Nykaa Naturals’.
2018: Huda Beauty launched exclusively on Nykaa for the first time in India.
2018: Launched ‘Nykaa Fashion’ as curated and managed marketplace.
2018: Entered into an agreement with Katrina Kaif to launch “Kay Beauty”
2019: Launched beauty range ‘Masaba by Nykaa’ in collaboration with Masaba Gupta.
2019: Collaborated with Vogue India to present ‘The Vogue x Nykaa Fashion: Power List 2019’.
2019: Acquired the clothing brand ‘20 Dresses’.
2020: Launched own intimate wear brand ‘Nykd by Nykaa’.
2020: Charlotte Tilbury launched exclusively on Nykaa.2021: Opened Nykaa Fashion Store in Ambience Mall, New Delhi.
2021: Acquired the jewellery brand ‘Pipa Bella’.
2021: Launched first MBO store for Nykaa Fashion.
2021: Launched ‘The Global Store’.
2021: Acquired skincare brand, ‘Dot & Key’.
Comment