Did not enter fashion business to justify our valuation: Nykaa CEO Falguni Nayar

A year after taking her company public, Falguni Nayar, the founder and CEO of omnichannel beauty retailer Nykaa, says the next big focus is to hit profitability in its fashion and business-to-business (B2B) units with reasonable growth rates, even as the Mumbai-based company’s shares have undergone a correction amid a broader rout in technology stocks, both globally and in India.