Sales in terms of gross merchandise value are likely to be between $9.7 billion and $11 billion this festive season, rising roughly 15-16% from a year earlier, according to data. Companies are betting on premiumisation and non-urban markets.
Sales in terms of gross merchandise value are likely to be between $9.7 billion and $11 billion this festive season, rising roughly 15-16% from a year earlier, according to data. Companies are betting on premiumisation and non-urban markets.
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As its profitability and traction have declined, Nykaa needs to fix things for the long run without losing too much money as it does not have the deep capital reserves that rivals can currently boast of
Quick commerce firm Zepto recently onboarded ex-Zilingo and Myntra executive Ramesh Bafna as the CFO. It is aiming for a public listing in the next 2-3 years.