Beauty and fashion e-commerce giant Nykaa has appointed Abhijeet Dabas as executive vice president and business head for its fashion wing. He previously served as the CEO of Cars24 South East Asia.
In his new role, Dabas will helm Nykaa Fashion’s online growth strategy. He will focus on expanding the global footprint of the company, meanwhile, building strategic partnerships with fashion retailers like Foot Locker and Revolve. Recent data shows that Nykaa’s Q2 FY ’25 net profit rose 72 per cent on-year to US $ 1.18 million, a result of strong revenue growth across the beauty and fashion sectors.
“Abhijeet’s understanding of the Indian fashion landscape aligns with Nykaa Fashion”, said Falguni Nayar, executive chairperson, MD and CEO of Nykaa. IIM Calcutta alumnus, Abhijeet Dabas has a proven track record at multiple technology and e-commerce companies, namely- Swiggy, Myntra, Cars24, Lazada and McKinsey & Company.
On his new appointment, Dabas said that joining Nykaa at this pivotal point in his career is truly exciting. Fashion e-commerce has seen robust growth in India over the years. He added by stating that his own goals resonate with Nykaa’s vision for customer experience and innovation.
