Brands
Moxie Beauty debuts on Nykaa
Mumbai – Moxie Beauty has announced its partnership with Nykaa. This collaboration marks a significant step in Moxie Beauty’s growth strategy, making its full range of products available on the Nykaa platform.
All of Moxie Beauty’s current lineup will now be available on Nykaa, offering customers access to its premium haircare solutions. In celebration of this partnership, Moxie Beauty will be exclusively launching its highly sought-after Frizz Fighting Serum on Nykaa. Specifically developed based on insights from Nykaa’s customer base, this product is designed to tackle frizzy and dry hair, a common concern among Indian consumers.
Company’s primary target audience is a concern-driven demographic of individuals aged 24-40, who are focused on building an effective haircare routine for dry and frizzy hair. The brand anticipates that Nykaa’s platform will enable it to reach a broader audience and reinforce its positioning as a leader in the haircare segment.
Moxie Beauty founder Nikita Khanna said, “Our partnership with Nykaa is more than just about increasing sales; it’s about building deeper connections with consumers who are looking for thoughtfully formulated products to address their hair concerns. We see Nykaa as a key partner in our journey to becoming a household name in the Indian beauty market. We believe this collaboration will help us to engage with a wider audience that values quality and efficacy in their haircare routine.”
Brands
Kotak Mahindra Bank appoints Ramesh Iyer to board
Veteran financier replaces Ashok Gulati, who retires in March
MUMBAI: Kotak Mahindra Bank has announced a change to its board of directors, with independent director Ashok Gulati set to retire at the end of his term on 5 March.
The company said it has appointed Ramesh Ganesh Iyer as an additional and independent director for a four-year term, effective 17 February, subject to shareholder approval.
Iyer brings more than four decades of experience in financial services. He spent much of his career at Mahindra & Mahindra Financial Services, where he served as vice chairman and managing director before taking on the role of president for the financial services sector and member of the group executive board at Mahindra & Mahindra. He retired from the group in April 2024.
During his tenure, Iyer was instrumental in expanding rural and inclusive finance initiatives, scaling the company’s assets and customer base. He also led the creation of subsidiaries in rural housing finance, insurance broking and asset management, and oversaw international joint ventures.
Iyer holds a commerce degree and a doctorate of letters, and currently serves on the boards of several listed and unlisted companies.
The board meeting approving the changes was held in Mumbai on February 17 between 6.30 pm and 6.50 pm.
