D2C Atlas
Back to all startups

Nykaa

Beauty · Multi-brand beauty + private label + fashion

PublicIndia
HQMumbai, India
Founded2012
FoundersFalguni Nayar
RegionIndia

Financials

FY24 Revenue₹6,386 Cr (FY24 consolidated)
FY25 Revenue₹7,950 Cr (FY25)
YoY growthstrong
Profitabilityprofitable

Channels & Distribution

Channel mix not disclosed.

D2C
Marketplace
Offline
Stores187

Tech stack

Primary stackCustom
Shopify share0%In-house: 100%
Mobile appYes

Stack signals

Proprietary platformML/AI for personalization and ad selection

CRM: Proprietary

Analyst notes

Listed Nov 2021. 187 stores / 68 cities; targeting 250 by FY25. 1B+ visits/year, 3B impressions/mo.

Confidence: verifiedVerified 5 Jun 2026

Funding

Latest roundIPONov 2021
Round size
Total raised
ValuationPublic mkt cap

Investors

PublicTPG (pre-IPO)LighthouseSteadview

More in Beauty