FSN E-Commerce Ventures (Nykaa) is eyeing over 30 per cent growth in revenue in the fiscal 2022-23 (FY23). However, it has estimated subdued growth in the fashion business, due to consumers tightening their wallets on discretionary spending. The company had registered 37 per cent growth in the consolidated revenue of nine months ended December 31, 2022.
FSN E-Commerce Ventures (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it.
