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The Economic Times
The Economic Times
Technology

Nykaa aims for $5 billion in GMV by FY30

Nykaa GMV Nykaa Fashion

Outlining an ambitious growth roadmap at its annual investor day on Thursday, beauty and fashion retailer Nykaa has set a target of $5 billion in gross merchandise value (GMV or total value of goods sold) for all its businesses by FY30.

The company said it has doubled both GMV and revenue over the past three years while remaining profitable, ending FY26 with gross merchandise value of about Rs 19,963 crore (around $2.1 billion).

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