FSN E-Commerce Ventures Acquisition
FSN E-Commerce Ventures Limited completed its acquisition of a 51% stake in Aminu Wellness Private Limited. Aminu is now a subsidiary of the company.
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FSN E-Commerce Ventures Limited completed its acquisition of a 51% stake in Aminu Wellness Private Limited. Aminu is now a subsidiary of the company.
Nykaa and L'Oréal's corporate venture fund, BOLD, are collaborating to co-invest in emerging Indian beauty and wellness brands, leveraging shared resources and industry expertise.
Nykaa announced an improved ESG rating of 64 from Crisil, categorized as "Strong". This rating was voluntarily assigned by Crisil without company engagement.
FSN E-Commerce Ventures Limited allotted 1,80,870 equity shares under its Employee Stock Option Schemes. The allotment follows the exercise of vested options by employees.
FSN E-Commerce Ventures has completed the acquisition of an additional 24.2% stake in its subsidiary, Earth Rhythm Private Limited, following previously approved plans.
Nykaa delivered a solid start to FY27, characterized by 29% revenue growth and significant EBITDA margin expansion to 8.5%. The narrative focuses on structural profitability in Fashion and aggressive expansion into quick commerce through Nykaa Now.
Nykaa reported strong Q1FY27 performance with 34% GMV growth and 226% PAT growth. Strategy focuses on premiumization, omnichannel expansion (324 stores), and acquiring a 51% stake in Aminu for Rs 32 Cr.
FSN E-Commerce Ventures Ltd reported revenue from operations of ₹2,782 Cr (+29.1% YoY) and net profit of ₹79.8 Cr (+225.7% YoY) for Q1 FY27.