Funding & deals

Nykaa

Acquires 82% stake in Simply Nam

82% stake · Rs 33 crore
Image: The Economic Times
Type
Funding & deals
Reported
4 November 2026

WHERE IT LANDS

WHAT IT MEANS

Lokazen’s read
  • For brands & retailers

    Nykaa’s 24 Bangalore outlets could provide Simply Nam a physical route to market. Malleshwaram, Mahadevapura and Yelahanka have the city’s largest beauty clusters.

  • For investors & landlords

    Nykaa’s acquisition could increase demand for beauty-brand shop-in-shops or counter space near its Bangalore network.

HOW TO GET AHEAD

Compare Nykaa-adjacent beauty retail opportunities in Malleshwaram, Mahadevapura and Yelahanka.

Lokazen’s analysis of this report and our location data. A guide for choosing locations, not investment advice.

IN BANGALORE TODAY

Lokazen data · 4 November 2026

Nykaa trades from 24 outlets we track, most in Mahadevapura (2), Ashok Nagar (1), Basaveshwar Nagar (1).

Beauty outlets in Bangalore cluster in Malleshwaram (14), Mahadevapura (11), Yelahanka (9).

Expanding in Bangalore?

Lokazen maps the brands already trading in Bangalore and the spaces you can lease now.

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