Nihir Parikh, CEO of Nykaa Fashion, has resigned, viable promptly, concurring to FSN E-Commerce Ventures, the parent company of Nykaa. The resignation, reported on Thursday, December 5, was ascribed to individual commitments. Parikh’s departure marks the conclusion of a about decade-long affiliation with the company. 

Nihir Parikhresigned on December 5, 2024, due to individual commitments. He has been calmed from the services w.e.f. close of trade hours of December 5, 2024,” FSN E-Commerce Ventures expressed in its administrative recording. 

The company recognized Parikh's urgent part in its development travel, expressing, "The company places on record its appreciation for the important commitment given by Nihir Parikh amid his long affiliation over a long time." 

Reflecting on his tenure, Parikh communicated appreciation for his time at Nykaa. I depart with a heart that is brimming with gratitude. A huge thank you to Falguni Nayar for her unwavering back and believe in me. It has been an outright benefit to work nearby her," he said. 

Parikh joined Nykaa in 2015 as Chief Procedure Officer, advancing to Chief Trade Officer in 2016. He afterward served as CEO of NykaaMan and Head of Retail some time recently taking the helm at Nykaa Fashion in 2023.

source: bwdisrupt.