Arvind Agarwal steps down as the CFO at Nykaa

Arvind Agarwal, the chief financial officer of Nykaa, a company run by FSN E-Commerce Ventures Ltd, resigned from his position, "to pursue other opportunities in the start-up and digital economy," on 25 November.

"This is to inform you Mr. Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“the Company”) will be leaving the Company, effective close of business hours on November 25, 2022, to pursue other opportunities in the digital economy and start-up space," Nykaa said in a BSE filing.

However, by updating his profile, Arvind Agrawal shared this information with his LinkedIn connections.

As Nykaa’s founder and billionaire CEO Falguni Nayar acknowledged, Agarwal has played a crucial role in its emergence as a listed and profitable business. The company said it is now in the process of appointing a new CFO.