Nykaa also announced the acquisition of an 82% majority stake in Simply Nam, a cosmetics brand founded in 2020 by celebrity makeup artist Namrata Soni alongside Bozzil, a venture studio led by Hanna Strömgren Khan. The acquisition is expected to help Nykaa widen its premium makeup portfolio.
Nykaa also announced the acquisition of an 82% majority stake in Simply Nam, a cosmetics brand founded in 2020 by celebrity makeup artist Namrata Soni alongside Bozzil, a venture studio led by Hanna Strömgren Khan. The acquisition is expected to help Nykaa widen its premium makeup portfolio.
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