MAM
Bryan Batista to take flight as Skyscanner’s next CEO, succeeding John Mangelaars
MUMBAI: Skyscanner has named Bryan Batista as its next chief executive officer, effective 1 June 2025. Batista, who currently serves as chief operating officer, will succeed John Mangelaars, who departs after a four-and-a-half-year stint steering the global travel platform through a period of rapid growth and diversification.
The leadership transition comes as Skyscanner records double-digit growth across flights, accommodation, and car hire, while expanding aggressively into high-growth markets such as India. The company currently serves over 160 million users each month across 180 countries and 37 languages, offering access to more than 1,200 partners in flights, hotels, and car rentals. Rail and package travel offerings have also been added in select markets.
Mangelaars said, “After four and a half incredible years, I am stepping down as CEO and passing the baton to Bryan. The company is in a great position, and I feel that now is the right time for me personally to make this change and pursue new ventures. I have enormous confidence in Bryan’s leadership and determination to take Skyscanner forward in the next stage of its ambitious growth”.
Batista joined Skyscanner in January 2024. Prior to that, he led Rentalcars.com and served as SVP of the Trips division at Booking.com, after an earlier leadership stint at Tesla. Since joining Skyscanner, Batista has played a key role in shaping and executing the company’s long-term strategy, which involves scanning 100 billion prices daily to help travellers plan their trips with greater ease and confidence.
“We built Skyscanner because we are travel geeks at heart”, Batista said. “We love the thrill of exploring new places and we hate the pain of planning. Since joining Skyscanner, I’ve had the privilege of working closely with our incredible teams and travel partners. Stepping into this role is a dream. I get to lead a company that is on a mission to become the world’s number one travel ally”.
With new products, smarter tools, and category expansions in motion, Batista’s elevation signals a continued focus on making travel discovery more intuitive and rewarding for users worldwide.
Brands
Nykaa eyes majority stake in Deepika Padukone’s 82°E brand
Deal could help scale premium label as Nykaa sharpens its beauty play
MUMBAI: Nykaa is in advanced discussions to acquire a majority stake in 82°E, the premium skincare label founded by Deepika Padukone, according to media reports.
The proposed deal signals Nykaa’s intent to deepen its House of Nykaa portfolio while giving 82°E the scale it has struggled to achieve independently. Padukone is expected to retain a minority stake if the transaction goes through.
For Nykaa, the play is both strategic and timely. With a customer base of over 42 million, the company is betting on its strong distribution, logistics, and repeat purchase ecosystem to revive the brand’s momentum. The two sides already share a working relationship, with Padukone serving as Nykaa’s global brand ambassador since September 2025.
Launched in late 2022, 82°E entered the market with a premium positioning but has faced headwinds. The brand reported revenue of Rs 14.7 crore in FY25, down 30 per cent year on year, alongside losses of Rs 12.26 crore. Industry observers have pointed to steep pricing, a somewhat diffused brand identity, and intense competition from digital-first labels as key challenges.
The potential acquisition also reflects a broader shift in India’s beauty and lifestyle space, where celebrity-led brands are increasingly partnering with larger corporates to unlock scale. Alia Bhatt’s Ed-a-Mamma, for instance, sold a majority stake to Reliance Retail, while Katrina Kaif’s Kay Beauty has emerged as a standout success within Nykaa’s portfolio, clocking Rs 132.4 crore in FY25 revenue.
Nykaa itself has been on a strong growth trajectory. Its parent, FSN E-Commerce Ventures, reported a 156 per cent jump in net profit to Rs 68 crore in the December 2025 quarter, with revenue reaching Rs 2,873 crore.
Nykaa has been steadily building its portfolio through acquisitions such as Dot & Key, Earth Rhythm and Nudge Wellness, signalling a clear push to own and scale homegrown brands.
If the 82°E deal materialises, it could mark a fresh chapter for the label, blending celebrity appeal with corporate muscle. For Nykaa, it is another calculated step in staying ahead in an increasingly crowded beauty aisle.
