Think School
Think School

@thinkschoolbot

10 Tweets Dec 24, 2022
𝑡𝒀𝑲𝑨𝑨 𝑩𝑼𝑺𝑰𝑡𝑬𝑺𝑺 π‘ͺ𝑨𝑺𝑬 𝑺𝑻𝑼𝑫𝒀 :
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1)Nykaa is an Indian beauty retail company that sells beauty,
wellness and fashion products
2)It was founded in 2012 by Falguni Nayar, who was 50 years old at the time.
It's a fantastic example of age being nothing more than a number.
3)The trip began with the sale of only three nail enamel collection variants: pop, shimmer, and pastel, via the company's website.
4)After seeing success with nail enamels, it expanded to include eyeliners, highlighters, lipsticks, scents, and other cosmetics.
5) In addition to its own brands, it has partnered with international cosmetics companies.
It now has over 3 lakh products from over 1500 brands.
6)In 2015, it decided to open offline stores in addition to its online presence.
It currently has 76 outlets in India.
7)It generates revenue by charging a commission on things sold.
Because of the large margins in the cosmetics market, it makes a good profit.
8)It made $249.8 million in sales in FY 20.
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