Bengaluru, Feb. 10 -- FSN E-Commerce Ltd., which operates e-tailer Nykaa, will continue making investments in its beauty and personal care (BPC) vertical to accelerate customer acquisition in the coming quarters, Anchit Nayar, chief executive officer of Nykaa's beauty business, said on Monday.

"The investment in customer acquisition of the past few quarters has been one of the major drivers of the revenue growth, which we've seen in the beauty business in the Q3 numbers. So, our hypothesis seems to have been correct that there is a lot of growth yet to be had," Nayar said during the third-quarter analyst call.

"And we continue to want that growth. So, I think we'll continue to invest in the beauty business. It's a business that has the ...