Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty

Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty

SUMMARY

FSN E-Commerce Ventures-owned Nykaa has reportedly appointed The Good Glamm Group’s chief executive Sukhleen Aneja as senior vice president and business head for Kay Beauty

As per PTI’s report, Aneja’s role will focus on propelling growth for Kay Beauty in international markets on the back of a successful launch in India

Aneja, as per her LinkedIn profile, has been working with personal care company The Good Glamm Group for nearly three years as chief executive

FSN E-Commerce Ventures-owned online beauty retailer Nykaa has reportedly appointed The Good Glamm Group’s chief executive Sukhleen Aneja as senior vice president and business head for Kay Beauty, the company’s celebrity beauty brand launched in partnership with actress Katrina Kaif.

As per PTI’s report, the company said Aneja’s role will focus on propelling growth for Kay Beauty in international markets on the back of a successful launch in India.

“Sukhleen will also hold responsibility for Nyveda, a brand based on the science of Ayurveda with a universal appeal in India and abroad, as well as provide strategic directions for a few of the young brands in wellness and personal care,” the company was quoted as saying in the report.

Inc42 has reached out to Nykaa for comments on the development. The story will be updated based on response.

Aneja, as per her LinkedIn profile, has been working with personal care company The Good Glamm Group for nearly three years as chief executive. Prior to that, she was working with Dettol parent Reckitt for over eight years under various positions. She has also worked with brands such as L’Oreal and Unilever in the marketing department.

This comes at the heels of Nykaa’s strong first quarter results, reported a few weeks ago. The consolidated net profit of the company jumped almost 152% to INR 13.6 Cr in the June quarter (Q1) of FY25 from INR 5.4 Cr, last year.

Its operating revenue also increased 22.8% to INR 1,746.1 Cr in the reported quarter from INR 1,421.8 Cr in Q1 FY24.

The beauty ecommerce major is pumped to expand its business operations globally, and as part of its Middle East push, its step-down subsidiary Nessa International Holdings has incorporated a wholly-owned subsidiary in Qatar – Nysaa Cosmetics Trading.

The new appointment also comes amid the lawsuit filed by the company over Tata Cliq chief executive officer Gopal Asthana for allegedly breaching confidentiality, misappropriating proprietary data and sabotaging business.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty-Inc42 Media
Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty-Inc42 Media
You’re in Good company