Nykaa Sues Former CBO Gopal Asthana, Now Tata Cliq CEO, for Rs 24 Crore

Nykaa has filed a lawsuit against its former Chief Business Officer, Gopal Asthana, who is now the CEO of Tata Cliq, for breach of contract. The beauty and fashion retailer is seeking the return of Rs 19 crore in ESOP benefits and an additional Rs 5 crore. Nykaa accuses Asthana of breaching confidentiality, misappropriating proprietary data, and attempting to harm its business. Additionally, the company alleges that Asthana poached Nykaa staff to join Tata Cliq.