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Nihir Parikh, who was the CEO of NykaaFashion.com and NykaaMan, has resigned from his position, according to a filing by FSN E-Commerce Ventures, the parent company of Nykaa.
It read, "In compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform that Mr. Nihir Parikh, CEO- Nykaa Fashion.com and a Senior Management Personnel of the Company, has tendered his resignation, on account of personal commitments. The resignation will be effective the close of business hours of December 05, 2024."
Parikh, who has an MBA from INSEAD, started his career as an engineer at Genentech and later worked at GE Healthcare as a bioprocess manager.
Brief about Nihir Parikh
He joined Nykaa as Chief Strategy Officer, where he helped secure Nykaa's $9.5M Series B funding in October 2015, guided product and tech development until June 2016, and supported HR until November 2017.
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