Start-Up Hits: 2836

Nykaa CFO: To invest heavy coming 2-3 years to expand retail footprint, fulfilment centres

Start-Up Hits: 2836
Nykaa CFO: To invest heavy coming 2-3 years to expand retail footprint, fulfilment centres
Start-Up Hits: 2836

14 December 2021, Mumbai:

Nykaa's Group CFO Arvind Agarwal in an interview with ETCFO shared how the business is looking at expansion and investment plans post their blockbuster initial public offering in October when the company debuted on the stock market with a value of almost $14 billion.

"We don't take a short-term view on discount-led growth or equity-led hyper-growth, we believe in a sustainable business model and that comes because we have arms-length level paying between said Agarwal.

ET (The news article has not been edited by DFU Publications staff)

 

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