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Nykaa

Falguni Nayar, executive chairperson, managing director and chief executive officer of Nykaa

Falguni Nayar Has Restored Nykaa’s Growth Premium. Now She Must Defend It From Speed

Nykaa’s fourth-quarter revenue and gross merchandise value rose 28 per cent as profitability strengthened. Its competitive answer must combine trusted assortment, owned brands and measured fulfilment rather than copy ten-minute commerce.