FSN E-Commerce Ventures Ltd. Company History and Annual Growth Details

Company was incorporated on April 24, 2012 as ‘FSN E-Commerce Ventures Private Limited’under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 24, 2012, issued by the RoC. Subsequently, pursuant to a resolution of the Board dated July 15, 2021 and a resolution of the Shareholders dated July 16, 2021, Company was converted from a private company to a public company and consequently, the name was changed from ‘FSN E-Commerce Ventures Private Limited’ to ‘FSN E-Commerce Ventures Limited’, and a fresh certificate of incorporation under the Companies Act, 2013 was issued upon a change in name by the RoC on July 28, 2021

Major events and milestones:

2012 Incorporation of FSN E-Commerce Ventures Private Limited.

2014 Opened its first physical store at T3 International Airport, New Delhi.

2015 Hosted the Nykaa.com Femina Beauty Awards.

2015 Launched the makeup and beauty accessories brand ‘Nykaa Cosmetics’.

2016 Estee Lauder launched on Nykaa’s platform.

2016 Launched the naturally derived ingredients focused skincare brand ‘Nykaa Naturals’.

2018 Huda Beauty launched exclusively on Nykaa for the first time in India.

2018 Launched ‘Nykaa Fashion’ as curated and managed marketplace.

2018 Entered into an agreement with Katrina Kaif to launch “Kay Beauty”

2019 Launched the beauty range ‘Masaba by Nykaa’ in collaboration with Masaba Gupta.

2019 Collaborated with Vogue India to present ‘The Vogue x Nykaa Fashion: Power List 2019’.

2019 Acquired the clothing brand ‘20 Dresses’.

2020 Launched the own intimate wear brand ‘Nykd by Nykaa’.

2020 Charlotte Tilbury launched exclusively on Nykaa.

2021 Opened Nykaa Fashion Store in Ambience Mall, New Delhi.

2021 Acquired the jewellery brand ‘Pipa Bella’.

2021 Launched the first MBO store for Nykaa Fashion.

2021 Launched ‘The Global Store’.

2021 Acquired skincare brand, ‘Dot & Key’

2021 FSN E-Commerce Venture announces launch of initial public offering.

2022 The Company has issued Bonus Shares in the Ratio of 5:1.

2023 Nykaa wins a Bronze Award at the 8th Asia Integrated Reporting Awards for the best Integrated Report".

2024 The Company Completed of transaction of acquisition of 39% equity shares of Dot and Key Wellness Private Limited.