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Nykaa Plans to Scale Its House of Brands Business

Nykaa logoNykaa
Sig2.30Sen+3.70Env0.00Soc+1.40Gov+0.30

Nykaa is set to scale its House of Brands business, which is separate from its retail operations. The company’s brands include Kay Beauty, Dot & Key, Nykaa Cosmetics & Naturals, Nykd by Nykaa, and KICA, with annualised GMV of Rs 3,500 crore. Nykaa is building a new team and expects growth through acquisitions and new brand creation.

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