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Launch · Commerce & Consumer Brands

Nykaa Fashion launches zero-commission brand accelerator

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Nykaa logo
Date
Company
Nykaa
What it does
Beauty and fashion e-commerce
Kind
Launch
Based in
Mumbai
Founded
2012
Sector
Commerce & Consumer Brands

What they do

Nykaa is an online retailer of beauty and fashion, and Nykaa Fashion is its clothing and lifestyle arm

What happened

It started an accelerator under Hidden Gems where selected home-grown labels pay no commission for their first six months

Why it matters

Labels selling ethnic and western clothes, jewellery, bags or shoes also get marketing help, mentoring and better visibility before the festive season

The details

  • Nykaa Fashion opened a brand accelerator.
  • Chosen labels pay zero commission for six months.
  • Support covers marketing, mentoring and fast onboarding.
  • It targets niche Indian labels.

The bigger picture

  • Small brands can spend early money on stock and growth.
  • It gives Nykaa a wider range ahead of festivals.
  • It deepens its home-grown label offer.

About the business

  • Nykaa Fashion is the apparel arm of Nykaa.
  • Hidden Gems is its marketplace for niche Indian labels.
  • It covers ethnic and western clothes, jewellery, bags and shoes.

Founders

  • Falguni Nayar, Founder, chair and CEO
  • Adwaita Nayar, Co-founder and executive director
  • Anchit Nayar, Executive director and CEO, Nykaa Beauty

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