TECH NEWS

Nykaa Strengthens Nykaa Now With Ex-Instamart COO Ankit Jain

Nykaa has appointed former Instamart Chief Operating Officer (COO) Ankit Jain as Head of Business, Nykaa Now, and Executive Vice President, Supply Chain, Nykaa Beauty. The update is visible on his LinkedIn account.

Jain's appointment comes just weeks after he exited Instamart, where he oversaw end-to-end operations for the quick commerce platform. Before that, he spent nearly six years at Flipkart in senior supply chain leadership roles and close to 15 years at Unilever.

More Than A Leadership Hire

The move is significant because Nykaa is entering a phase where operational execution could matter as much as customer acquisition.

The company has already indicated that FY27 will see greater investment in Nykaa Now, its quick commerce offering. During its FY26 fourth-quarter earnings call, Anchit Nayar, who heads Nykaa's beauty e-commerce business, said the company plans to market the platform more aggressively in the current financial year.

At the time, Nykaa...

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A new AI listens to every prison call and decides who is speaking

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X Money can cut off your account over what you post

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Amkor will spend up to $3bn this year, close to 40% of its revenue

Amkor Technology reported record second quarter results on Monday. Revenue reached $1.9bn, up 26% on a year earlier, and net income more than tripled. Operating income roughly doubled to $200m. Earnings came in at $0.70 a diluted share, against $0.22. EBITDA reached $400m. The numbers matter less

More Than A Leadership Hire

Read more

Apple’s new smart home hardware has been finished for months. Siri was the hold-up.

A new AI listens to every prison call and decides who is speaking

X Money can cut off your account over what you post

Amkor will spend up to $3bn this year, close to 40% of its revenue