Falguni Nayyar, Founder and CEO of Nykaa will be spearheading the marketing function for the cosmetics brand in the wake of Shalini Raghavan stepping down as the CMO.
Raghavan was associated with the brand for more than 2.5 years, according to recent media reports. In June, Nykaa announced the promotion of Shailendra Singh as the Business Head for Physical Retail – Beauty.
Other than Raghavan, the others who have quit are Kingshuk Basu, a Senior Vice President (VP) for retail; Sumant Kasliwal, Senior VP in the fashion unit; Aditya Sandhu from the business-to-business sales unit; VP Sachin Kataria from the e-commerce business; and Shantanu Prakash, VP for marketing and communications.
