AcquisitionCommerce & Consumer Brands
Nykaa buys 82% of Simply Nam for ₹33 Cr
By Abha Lohia · Editor ·
Simply Nam: revenue and funding and every story →
MumbaiFounded 2022
- Simply Nam is a Mumbai makeup brand started in 2022 by celebrity makeup artist Namrata Soni
- Nykaa is paying ₹33 crore in cash for an 82% stake, adding to its string of beauty and fashion buys
- The brand earned ₹17 crore turnover in FY26, up from ₹9.6 crore the year before
What happened
- Nykaa takes 82% of Simply Nam.
- It pays ₹33 crore in cash.
- Turnover reached ₹17 crore in FY26.
Why it matters
- Nykaa sees room in premium professional makeup.
- Turnover grew from ₹9.6 crore in FY25.
The business
- Simply Nam sells premium makeup products.
- It was founded by makeup artist Namrata Soni.
The founders
NS
Namrata Soni
Founder- Celebrity makeup artist
In numbers
₹17 CrTurnover · FY26
₹9.6 CrTurnover · FY25
The numbers around it
Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $119 million in all; the biggest was GIVA ($100M+). Every sector this year →
Terms in this story
- Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.
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Everything on Simply Nam → · All startup news on 4 November 2026 →
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