Connect with us

Latest News

Nykaa Fashion CEO Nihir Parikh Resigns, Abhijeet Dabas Appointed as New Business Head!

Published

on

Nykaa Fashion CEO Nihir Parikh Resigns, Abhijeet Dabas Appointed as New Business Head!

Nykaa Fashion’s CEO, Nihir Parikh, has stepped down from his position to pursue personal commitments. The announcement was made via a regulatory filing by FSN E-Commerce Ventures, Nykaa’s parent company, stating that Parikh’s resignation is effective as of December 5, 2024.

Parikh’s Legacy at Nykaa

Nihir Parikh joined Nykaa in 2015 as the Chief Strategy Officer and played a pivotal role in the company’s growth trajectory. He was instrumental in launching Nykaa Fashion and NykaaMan, which expanded Nykaa’s offerings into the fashion and men’s grooming segments. Under his leadership, Nykaa Fashion became a prominent player in India’s online fashion retail space.

Contributions to Digital Transformation

Parikh also contributed significantly to Nykaa’s digital transformation, enhancing the platform’s technology and customer experience. His strategic insights and leadership helped position Nykaa as a leader in the e-commerce sector, particularly in the beauty and fashion categories.

Reflections on Tenure

Reflecting on his tenure, Parikh expressed gratitude to Nykaa’s founder, Falguni Nayar, and his team for their collaboration and support. He conveyed pride in being part of Nykaa’s success story and wished the company continued growth in the future. Nayar acknowledged Parikh’s significant contributions and dedication, especially regarding the expansion of Nykaa Fashion and NykaaMan. Notably, Parikh will continue to support Nykaa as a Board member.

A New Chapter Begins: Abhijeet Dabas Takes the Helm

In light of Parikh’s departure, Nykaa announced the appointment of Abhijeet Dabas as the new Executive Vice President and Business Head of Fashion eCommerce. Dabas brings extensive experience to his new role, having worked with notable companies such as Adobe Systems, McKinsey & Company, Myntra Jabong, Lazada Group, Swiggy, and CARS24.

Dabas’ Focus Areas

Dabas’ primary focus will be on:

  • Driving online growth for Nykaa Fashion
  • Expanding its global footprint
  • Building strategic partnerships
  • Strengthening Nykaa’s presence in the fashion e-commerce space

This appointment signals Nykaa’s commitment to further developing its fashion segment and solidifying its position as a leading player in the Indian e-commerce market.

Industry Context and Future Outlook

The resignation of Nihir Parikh comes at a time when Nykaa is navigating a competitive landscape in the fashion e-commerce sector. As consumer preferences continue to evolve, the company aims to leverage Dabas’ expertise to enhance its market strategy and drive innovation.

Commitment to Growth

With Dabas at the helm, Nykaa is expected to focus on expanding its product offerings and enhancing customer engagement through personalized shopping experiences. The leadership transition reflects Nykaa’s proactive approach to adapting to market dynamics while maintaining its growth trajectory.

Conclusion

Nihir Parikh’s departure marks the end of an influential chapter for Nykaa Fashion, while Abhijeet Dabas’ appointment heralds a new era of leadership aimed at driving growth and innovation. As both companies navigate this transition, they remain committed to enhancing their offerings and solidifying their positions within India’s dynamic e-commerce landscape.

Continue Reading
Advertisement
9 Comments

9 Comments

  1. xxxevery.day

    December 30, 2024 at 11:47 pm

    Howdy, i rea your bloog frfom time too tiime annd i own a simolar onee
    andd i was just wondering if you gett a lot of spam responses?
    If so how ddo you prevent it, aany plugin oor anything
    you ccan suggest?I geet sso mucch llately it’s driiving mme mad soo aany assistance iis very mich appreciated.

  2. indoxvideos.com

    January 1, 2025 at 3:03 am

    Howdy! Someokne iin my Facebook group sared thus site with
    uus so I came tto checxk itt out. I’m defknitely loving the
    information. I’m bookmarking annd will bee tweeting this too myy followers!
    Terrific blig andd terriric design.

  3. lululu.win

    January 3, 2025 at 1:01 am

    After going overr a number of thee blog artficles onn our
    site, I really appreciate yur way off writiing a blog.
    I book-marked iit to myy boopkmark websitfe list
    and will bee checking bafk in thhe nar future.
    Please check out mmy website ttoo annd tell me your opinion.

  4. xxxproud.com

    January 6, 2025 at 7:43 am

    We’re a group of volunteers and opening a bbrand new schme
    in our community. Youur web sijte offered uss with helpful info too work on. You’ve
    perflrmed an impressive taskk and oour whoe grooup will bee thnkful to you.

  5. xvideosway

    January 17, 2025 at 9:57 pm

    Hello, after readinhg this remarkable piece oof writing i
    am aas well glad too share mmy familiarity here wth
    colleagues.

  6. drover sointeru

    April 8, 2025 at 1:37 pm

    Wow! Thank you! I always needed to write on my site something like that. Can I take a fragment of your post to my site?

  7. open a binance account

    May 8, 2025 at 8:47 am

    Your article helped me a lot, is there any more related content? Thanks!

  8. jablex

    June 8, 2025 at 1:43 pm

    Greetings! I know thus iis kind of offf toipic buut Iwwas wonderihg if you knhew wjere I could
    gett a captccha plugin for myy comment form?

    I’m using thee samje blog platform aas yoours annd
    I’m hawving difficullty inding one? Thanks a lot!

  9. criac~ao de conta na binance

    June 16, 2025 at 7:42 pm

    Your article helped me a lot, is there any more related content? Thanks!

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

X’s Major Price Cut in India: Premium Plans Now More Accessible Than Ever

Published

on

StartupStories

X, the social media platform formerly known as Twitter, has announced a major reduction in its subscription prices across India, slashing fees by up to 48%. The Basic plan now starts at ₹170 per month, down 30% from its earlier price, while the Premium plan has dropped 34% to ₹427 per month on the web. The Premium+ plan has also become more affordable, now costing ₹2,570 per month—a 26% reduction. For mobile users, the discounts are even steeper, with Premium priced at ₹470 per month and Premium+ at ₹3,000 per month, reflecting the impact of app store commissions.

This marks the first comprehensive price adjustment across all three tiers—Basic, Premium, and Premium+—since the service launched as Twitter Blue in India in February 2023. The move comes shortly after Elon Musk’s AI venture, xAI, rolled out the new Grok 4 model and follows xAI’s acquisition of X earlier this year. The price cuts are seen as a strategic effort to boost adoption in India, one of the world’s largest internet markets, by making premium features more accessible to a wider audience.

Each subscription tier offers a range of features: Basic users can edit and write longer posts, enjoy background video playback, and download videos. Premium subscribers get additional perks like a blue checkmark, creator tools, analytics, and fewer ads, while Premium+ members benefit from an ad-free experience, article publishing, and exclusive access to advanced AI features. These changes are expected to make X’s premium services more appealing to Indian users looking for enhanced social media experiences.

 

Continue Reading

Latest News

Leadership Shakeup at X: Linda Yaccarino Resigns After Two Years at the Helm

Published

on

Linda - Startup Stories

Linda Yaccarino, the CEO of X (formerly Twitter), announced her resignation on July 9, 2025, bringing her two-year leadership of Elon Musk’s social media platform to a close. Yaccarino, who previously led NBCUniversal’s advertising division, was appointed in 2023 to help stabilize X’s advertising business and guide the company through its ambitious transformation into an “everything app.” In her farewell message, she expressed gratitude to Musk for entrusting her with the mission of revitalizing the company, protecting free speech, and prioritizing user safety, though she did not specify a reason for her departure.


Her exit comes at a turbulent moment for X, following the recent controversy involving Grok, the AI chatbot developed by Musk’s xAI, which posted antisemitic content referencing Adolf Hitler. This incident intensified scrutiny of X’s content moderation policies and added to the challenges Yaccarino faced, including restoring advertiser trust after a period of strained relations with major brands. Some analysts have suggested that differences in management style between Yaccarino and Musk, as well as the evolving structure of X after its integration with xAI, may have contributed to her decision to step down.

Elon Musk publicly thanked Yaccarino for her contributions, while her departure leaves a leadership gap as X navigates ongoing business, regulatory, and reputational challenges. The company’s next steps will be closely watched as it seeks to maintain its influence in the social media landscape and fulfill Musk’s vision of a multifaceted digital platform.

Continue Reading

Latest News

Jio BlackRock Gets SEBI Approval to Launch Brokerage Operations in India

Published

on

Jio-Financial

Jio BlackRock Broking Private Limited, a joint venture between Jio Financial Services and BlackRock Inc., has received final approval from the Securities and Exchange Board of India (SEBI) to commence operations as a brokerage firm. The regulatory nod, granted via a certificate of registration issued on June 25, 2025, allows the company to function as both a stockbroker and a clearing member in India’s financial markets. This milestone follows a series of regulatory clearances for the Jio BlackRock ecosystem, including approvals for mutual fund and investment advisory businesses, underscoring the joint venture’s ambition to build a comprehensive, digital-first financial services platform.

As a wholly owned subsidiary of Jio BlackRock Investment Advisers, the broking arm aims to deliver affordable, transparent, and technology-driven execution services to Indian investors. The company’s leadership has emphasized that the new platform will empower self-directed investors with seamless execution capabilities, complementing its broader strategy to democratize access to investment solutions in India. The approval is expected to further strengthen Jio BlackRock’s position in the rapidly expanding financial services sector, offering a full suite of products from mutual funds and advisory to brokerage, all accessible through user-friendly digital channels.

The market responded positively to the news, with Jio Financial Services shares rising over 4 percent following the announcement. Industry analysts view this regulatory milestone as a significant step in Jio BlackRock’s efforts to transform India’s investment landscape, moving the country closer to becoming a nation of investors rather than just savers.

 

Continue Reading
Advertisement

Recent Posts

Advertisement