CosmicTaco

Nykaa Prioritizes Building Network Over Quick Commerce

CosmicTaco · 2024-10-26T08:54:15.151457+05:30

- Nykaa's CEO, Falguni Nayar, emphasizes that quick commerce won't be the company's sole business channel. - The beauty and fashion giant aims to build an extensive network nationwide, not just in select cities. - Nykaa recently launched a 10-minute delivery pilot in parts of Mumbai. - Nayar insists on focusing on categories where Nykaa has long-term interest and position. - Quick commerce could be a small channel, but it won't majorly impact Nykaa's mission. Source: [Inc42](https://inc42.com/buzz/nykaas-focus-on-building-network-not-quick-commerce-falguni-nayar/)

Nykaa's CEO, Falguni Nayar, emphasizes that quick commerce won't be the company's sole business channel.
The beauty and fashion giant aims to build an extensive network nationwide, not just in select cities.
Nykaa recently launched a 10-minute delivery pilot in parts of Mumbai.
Nayar insists on focusing on categories where Nykaa has long-term interest and position.
Quick commerce could be a small channel, but it won't majorly impact Nykaa's mission.

Source: Inc42