Back

Vishu Bheda

ย โ€ขย 

Medialย โ€ขย 2m

๐——๐—ฎ๐˜† ๐Ÿด ๐—ผ๐—ณ ๐—ง๐—ต๐—ฒ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ๐—ป ๐—ฆ๐˜๐—ฎ๐—ฟ๐˜๐˜‚๐—ฝ ๐—ช๐—ฎ๐—ฟ ๐—ฆ๐˜๐—ผ๐—ฟ๐—ถ๐—ฒ๐˜€: ๐—ก๐˜†๐—ธ๐—ฎ๐—ฎ ๐˜ƒ๐˜€. ๐— ๐˜†๐—ป๐˜๐—ฟ๐—ฎ โ€“ ๐—ง๐—ต๐—ฒ ๐—•๐—ฎ๐˜๐˜๐—น๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎโ€™๐˜€ ๐—™๐—ฎ๐˜€๐—ต๐—ถ๐—ผ๐—ป & ๐—•๐—ฒ๐—ฎ๐˜‚๐˜๐˜† ๐—˜๐—บ๐—ฝ๐—ถ๐—ฟ๐—ฒ ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿฎ โ€“ ๐—ง๐—ต๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ฒ ๐—ผ๐—ณ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎโ€™๐˜€ ๐—•๐—ฒ๐—ฎ๐˜‚๐˜๐˜† & ๐—™๐—ฎ๐˜€๐—ต๐—ถ๐—ผ๐—ป ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ In the early 2010s, fashion and beauty shopping in India was dominated by malls, local stores, and international brands. E-commerce was growing, but buying makeup and fashion online? That was a risk. Women hesitated to buy beauty products without trying them. Clothing sizes varied wildly, leading to high returns. People didnโ€™t trust online quality. But two startupsโ€”Nykaa and Myntraโ€”saw the future differently. Each took a different approach to winning Indiaโ€™s fashion and beauty empire. --- ๐—ก๐˜†๐—ธ๐—ฎ๐—ฎ โ€“ ๐—•๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—•๐—ฒ๐—ฎ๐˜‚๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ง๐—ฟ๐˜‚๐˜€๐˜ In 2012, Falguni Nayar, an investment banker, saw a gap in Indiaโ€™s beauty market. The problem? Indian women had limited access to global beauty brands and trusted offline stores over e-commerce. Nykaaโ€™s solution? Authenticity: 100% original, high-quality beauty products. Content & Education: Tutorials, reviews, and influencer marketing to build trust. Omnichannel Play: Physical Nykaa stores to complement online sales. Slowly, Nykaa became Indiaโ€™s go-to beauty destination. Women who never bought makeup online now trusted Nykaaโ€™s recommendations. By 2018, Nykaa was the beauty giant of India. But while Nykaa focused on beauty, another player was taking over fashion. --- ๐— ๐˜†๐—ป๐˜๐—ฟ๐—ฎ โ€“ ๐—ข๐˜„๐—ป๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ข๐—ป๐—น๐—ถ๐—ป๐—ฒ ๐—™๐—ฎ๐˜€๐—ต๐—ถ๐—ผ๐—ป ๐—š๐—ฎ๐—บ๐—ฒ Founded in 2007 (later acquired by Flipkart in 2014), Myntra had one clear goalโ€”to dominate online fashion. But Myntra faced big challenges: Fashion shoppers wanted to try before buying. Sizes were inconsistent across brands. Returns were expensive and complicated. Myntraโ€™s solutions? 30-day hassle-free returns to reduce risk. Exclusive brand partnerships with Nike, Adidas, and global fashion houses. AI-powered size recommendations to improve fit accuracy. By 2019, Myntra ruled online fashion. But beauty and fashion were convergingโ€”and Nykaa was preparing to enter Myntraโ€™s space. --- ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฌ โ€“ ๐—ง๐—ต๐—ฒ ๐—ช๐—ฎ๐—ฟ ๐—›๐—ฒ๐—ฎ๐˜๐˜€ ๐—จ๐—ฝ Nykaa saw massive success in beauty. But what next? Fashion. In 2020, Nykaa launched Nykaa Fashionโ€”its own fashion marketplace. Suddenly, Nykaa and Myntra werenโ€™t just rivals. They were competing head-to-head in both beauty and fashion. Myntra fought back: Strengthening its own beauty section to challenge Nykaa. Investing heavily in influencer marketing and personalization. Both brands were now in each otherโ€™s territories. And the battle was on. --- ๐—ช๐—ต๐—ผโ€™๐˜€ ๐—ช๐—ถ๐—ป๐—ป๐—ถ๐—ป๐—ด ๐—ก๐—ผ๐˜„? Nykaa dominates beauty. It remains Indiaโ€™s most trusted makeup and skincare brand. Myntra leads in fashion. Itโ€™s still the go-to destination for clothing and accessories. Both are expanding into each otherโ€™s turf. The battle for beauty & fashion supremacy is far from over. Who will ultimately own Indiaโ€™s fashion & beauty empire? Nykaa, with its deep trust in beauty? Or Myntra, with its fashion-first dominance? The next phase of Indiaโ€™s online shopping war will decide. --- This was just Day 8. Tomorrow, we uncover Meesho vs. Amazon & Flipkart โ€“ The Rise of Social Commerce. Follow Vishu Bheda nowโ€”because the battles are only getting bigger.

6 replies20 likes
10
Replies (6)

More like this

Recommendations from Medial

Havish Gupta

Figuring Outย โ€ขย 11m

Nykaa: From Beauty Blog to E-commerce Giant So Nykaa was founded in 2012 by Falguni Nayar, a former investment banker. It was started a blog page where Falguni shared beauty tips, product reviews, and latest trends in the beauty industry. But soon

See More
0 replies4 likes

Stratifyiq

Case Studies that In...ย โ€ขย 8m

Nykaa is an Indian e-commerce company that primarily deals with beauty, wellness, and fashion products. Founded in 2012 by Falguni Nayar, Nykaa has grown into one of the most popular platforms for cosmetic and personal care products in India

0 replies5 likes
Image Description
Image Description

Pranav Alonay

studypartnerfinder.c...ย โ€ขย 1y

Daily Quiz 3 (trivia in the comments) 3)Which Indian entrepreneur is known for founding the online fashion retailer Myntra?

6 replies7 likes
Image Description

Vaibhav Babruwan Shingde

Studentย โ€ขย 2m

๐—ก๐˜†๐—ธ๐—ฎ๐—ฎ ๐—œ๐˜€ ๐——๐—ผ๐—บ๐—ถ๐—ป๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎโ€™๐˜€ ๐—•๐—ฒ๐—ฎ๐˜‚๐˜๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜! โ€ข In Q3 FY25, Nykaa reported a profit of โ‚น26 crore and revenue of โ‚น2267 crore, marking a 27% increase compared to Q3 FY24. โ€ข The beauty segment contributed 90% of the re

See More
2 replies7 likes
1
Image Description
Image Description

SamCtrlPlusAltMan

ย โ€ขย 

OpenAIย โ€ขย 5m

๐Ÿšจ Breaking: Myntra Enters Quick Commerce with M-Now! Introducing M-Now: โ€ข Ultra-fast delivery in 30 mins - 2 hours โ€ข Premium brands like Mango, Lakme, Levi's & boAt โ€ข Currently live in Bengaluru Why this matters: Myntra joins the quick commerce r

See More
23 replies20 likes
2

Pika

.......ย โ€ขย 1m

Gen Z fashion crush got funded๐Ÿ’ƒ๐Ÿ‘— Outzidr raised โ‚น30 Cr (Seed) from Stellaris to become the go-to partywear brand. Plans: โœ…Build brand & strengthen supply chain โœ…Hit โ‚น100 Cr ARR in 6-8 months โœ…3,000+ styles & 2,000 new ones monthly โœ…D2C + Myntra,

See More
0 replies11 likes
1
Image Description
Image Description

Wild Kira

/Internet_ย โ€ขย 5m

Fashion E-Commerce Market Share in India - Flipkart leads, followed by Myntra & Amazon

6 replies9 likes
3

kapil moolchandani

Transforming Beauty,...ย โ€ขย 2m

๐ŸŒŸ Hello Medial Community! Excited to Connect! ๐ŸŒŸ Hey everyone! Iโ€™m Kapil Moolchandani, a passionate entrepreneur in the beauty and fashion industry. I run a successful beauty store offering skincare, haircare, cosmetics, lingerie, and imitation jew

See More
0 replies4 likes
Image Description
Image Description

Deepasnhu Chail

Mastering the Game o...ย โ€ขย 12m

Nykaa Founder Falguni Nayar self-funded the launch of her e-commerce beauty startup Nykaa by investing over $2 million from her personal savings and borrowing funds. She started by renting a small space and packing orders herself with her family's h

See More
6 replies7 likes
Image Description
Image Description

SHIVA SAI ADEPU

Founder & CEOย โ€ขย 1y

Day - 1 Startup case study: Nykaa Founders : Falguni Nayar Total Funding: $124 Million Key Investors: TPG Growth, Lighthouse India, Steadview Capital Nykaa is India's Leading omnichannel beauty & personal care retailer founded by former investmen

See More
9 replies13 likes
1

Download the medial app to read full posts, comements and news.