Nykaa Beauty CEO Anchit Nayar outlines plan to scale beyond founder-led roots
In a Fortune India interview, Nykaa Beauty CEO Anchit Nayar points to India’s long-run beauty opportunity and says the company’s model combines brand-building with retail execution, with resilience and patient investment central to its next phase.
What happened
Nykaa Beauty CEO Anchit Nayar discusses scaling the company beyond its founder-led roots, drawing on investment-banking experience. He highlights India’s
Key facts
- 40 Under 40 2026
Why this matters
Nykaa is positioning itself as a more durable, professionally scaled beauty platform, potentially increasing its appeal as a partner for brands seeking both market development and retail execution in India.
What to watch
- Senior executive hires, role changes, or a more explicit succession and delegation structure.
- Store-opening cadence, city expansion, and evidence of stronger store-level economics.
- Growth in owned brands, exclusive partnerships, and premium/international beauty assortment.
- Beauty segment revenue growth versus fashion, alongside EBITDA margin and marketing-to-sales trends.
- Changes in founder shareholding, board composition, or investor commentary on governance and capital allocation.
- Add or elevate senior leaders across merchandising, retail operations, brand partnerships, supply chain, and consumer data.
- Increase investment in exclusive launches, brand incubation, and differentiated omnichannel retail formats.
- Set clearer operating KPIs around repeat purchase, beauty-category contribution, store productivity, fulfillment costs, and profitability.
- Use leadership communication to reinforce long-term investment tolerance amid quarterly pressure on margins.