Nykaa Appoints Sujeet Jain as Chief Legal and Regulatory Officer
Before UltraTech, Sujeet was associated with Viacom18 Media as a Group General Counsel and Company Secretary where he witnessed the company’s multi-fold growth journey as one of the leading media organizations in India. He also has extensive regulatory experience and has been part of various industry and self-regulatory bodies such as IAMAI, CII, IBF, CMA, BCCC and BARC and has influenced significant policy shifts in the TMT sectors.
“Sujeet brings more than two decades of rich expertise in developing legal, regulatory and IPR strategies as well as supporting cross-border acquisitions. At this important juncture of Nykaa’s growth story, Sujeet’s vast experience of working with technology-led organizations will be immensely valuable to us. In the spirit of keeping legal and compliance at the forefront of evolving governance frameworks, we are excited to bring Sujeet onboard to strongly support Nykaa’s efforts” said Falguni Nayar, Founder and CEO Nykaa.
Commenting on his appointment, Sujeet Jain said, “India is on the cusp of digital revolution and Nykaa is playing an important role in the digital ecosystem through its innovative platform and offerings. I am excited to be part of this next growth phase of Nykaa. My holistic experience in TMT and diversified sectors will enable me to lead and impact legal, IPR, and regulatory initiatives at Nykaa“.
Nykaa (FSN E-Commerce) was founded in 2012 by Indian entrepreneur Falguni Nayar with a vision of bringing inspiration and joy to people, everywhere, every single day. Derived from the Sanskrit word ‘Nayaka’, meaning one in the spotlight, Nykaa has emerged as one of India’s leading lifestyle-focused consumer technologies platforms. Since its launch, Nykaa expanded its product categories by introducing online platforms Nykaa Fashion, Nykaa Man, and Superstore. Delivering a comprehensive Omnichannel e-commerce experience, Nykaa offers over 4,500 brands and over 4.6 million product SKUs through its website and mobile applications. The Nykaa Guarantee ensures that products available at Nykaa are 100% authentic and sourced directly from the brand or authorized retailers. Through engaging and educational content, digital marketing, social media influence, robust CRM strategies, and the Nykaa Network community platform, Nykaa has built a loyal community of millions of beauty and fashion enthusiasts. Over the years, Nykaa has received many accolades for disrupting the beauty market. At the 17th India Business Leader Award in 2022, Nykaa was awarded as the Disruptor of the Year and Kantar’s Brandz List features Nykaa as one of most valuable brands in India. www.nykaa.com
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