Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unveiling an ambitious FY30 vision. The company aims to achieve a $5 billion gross merchandise value, driven by disciplined execution and capital-efficient investments.

Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last three years while maintaining…

Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unveiling an ambitious FY30 vision. The company aims to achieve a $5 billion…

Nykaa targets over $5 billion in GMV by 2030, aiming for significant revenue and EBITDA growth in beauty and fashion.