Nykaa's 13th Annual General Meeting: Company Delivers Strong Performance in FY25, Eyes $1.8 Billion GMV

Nykaa, a leading Indian e-commerce platform specializing in beauty and fashion, delivered a robust performance in FY25 with a GMV of 215,600 crore, representing a 25% YoY growth and a 42% GMV CAGR over the last five years. The company's beauty vertical stands at roughly 75% and Fashion makes up for the remaining 25%, serving 42 million customers through its four platforms. Nykaa has over 9,000 brands across beauty and fashion and has built a comprehensive ecosystem that drives its growth. The company's beauty vertical had an impressive year, reaching a GMV of close to 11,800 crores, representing a 30% YoY growth and a 5x growth in the last 5 years. Nykaa has further solidified its position as the #1 partner for global beauty brands to enter India, with the highest number of brand launches in FY25. The company has crossed the 250 stores milestone, making it the largest network of beauty specialty stores in India, with a presence in 82 cities.