Adwaita Nayar is reappointed as Executive Director by Nykaa

At the 13th Annual General Meeting of FSN E-Commerce Ventures, the parent company of Nykaa, a cosmetics and fashion retailer, shareholders confirmed Adwaita Nayar's reappointment as Executive Director. Since the beginning, Nayar, who is also the CEO of Nykaa Fashion, has been essential to the vertical's growth. Nykaa Fashion served 8 million customers and ended FY25 with a Gross Merchandise Value (GMV) of ₹3,800 crore, per a regulatory filing.

She is a co-founder of Nykaa and has been the Executive Director since July 1, 2021. She actively participates in product development, operations, and marketing. Nayar earned with a cum laude Bachelor of Applied Mathematics from Yale University and an MBA with distinction from Harvard Business School. She returned to FSN Brands in 2017 as CEO, concentrating on expanding Nykaa's offline retail presence, after finishing her studies.The re-appointment of Adwaita Nayar as executive director has been approved by Nykaa shareholders. She has greatly expanded the vertical as CEO of Nykaa Fashion, serving 8 million clients and reaching a Gross Merchandise Value of ₹3,800 crore in FY25.