Part of FSN E-Commerce (Nykaa)
FSN E-Commerce Ventures
Latest, 5 Oct: Nykaa Q2 FY27 GMV growth seen near 30%, fashion NSV up late-40s; broker lifts target to ₹405.
Newest on FSN E-Commerce Ventures
Browse all 56 storiesWhat we know
From 8 stories, the newest dated 5 Oct 2026. Summary written 9 Oct 2026.
FSN E-Commerce Ventures is the operator and parent company of Nykaa, a beauty and fashion retailer in India. [1] source: The Hindu BusinessLine[2] source: Mint[3] source: YourStory The Nykaa store network stood at 338 stores as of September 30, 2026. [4] source: CNBC-TV18
FSN said on 4 October that its September-quarter consolidated net revenue is expected to grow in the high twenties year-on-year. [2] source: Mint Nykaa added 14 net new stores in the September quarter and expects GMV growth in the high twenties. [4] source: CNBC-TV18 For Q1 FY27, Nykaa reported revenue of Rs 2,782 crore, up 29% YoY, and profit of Rs 79.76 crore versus Rs 24.47 crore a year earlier. [5] source: Business Today EBITDA was Rs 236 crore, at a margin of 8.5% versus 6.5%. [5] source: Business Today In September 2026, FSN completed the acquisition of an additional 24.2% stake in beauty brand Earth Rhythm for up to Rs 9.4 crore. [3] source: YourStory
In September 2026, Nykaa and L'Oréal's BOLD fund announced they will jointly take minority stakes in high-growth Indian beauty, wellness and personal-care brands. [6] source: CNBC-TV18 Goldman Sachs initiated coverage of Nykaa at neutral with a Rs 280 target in September 2026. [7] source: NDTV Profit
FSN E-Commerce Ventures has appeared in 56 distinct RetailIntel stories between May 2026 and Oct 2026, most often under retail company, omni channel and retail brand and most frequently linked to Mumbai and Bengaluru.
Latest
Nykaa owner FSN E-Commerce Ventures filed its DRHP with Sebi for an IPO, comprising a Rs525 crore fresh share issue and an offer for sale of up to 43.11 million shares by promoters and existing shareholders (21 Aug 2026). [8] source: Mint
Brands most often mentioned alongside FSN E-Commerce Ventures
Nykaa, House of Nykaa, Nike, Dot & Key, Nykaa Fashion, Kay Beauty.
Most-cited sources on FSN E-Commerce Ventures
NDTV Profit (13 stories), The Hindu BusinessLine (8 stories) and Business Today · Latest (5 stories).
Sources
Questions about FSN E-Commerce Ventures
How many FSN E-Commerce Ventures stores are there?
FSN E-Commerce Ventures, which operates Nykaa, had 338 Nykaa stores as of September 30, 2026, after adding 14 net new stores in the September quarter. [4] source: CNBC-TV18
What is FSN E-Commerce Ventures' current strategy in India?
In September 2026, FSN E-Commerce Ventures completed the acquisition of an additional 24.2% stake in Earth Rhythm for up to Rs 9.4 crore. [3] source: YourStory Also in September 2026, Nykaa and L'Oréal's BOLD fund announced joint minority investments in Indian beauty, wellness and personal-care brands. [6] source: CNBC-TV18 Nykaa added 14 net new stores in the September 2026 quarter. [4] source: CNBC-TV18
Stories that mention FSN E-Commerce Ventures
FSN E-Commerce Ventures is named in these stories but is not their subject.