Saahil Nayar moves Delhi High Court as Mila Beauté dispute heads to arbitration

A leadership dispute at fast-growing colour cosmetics brand Mila Beauté was heard by the Delhi High Court, following which the Court appointed a sole arbitrator to adjudicate the matter between the parties.

The Court’s order shifts the dispute out of court and into arbitration, a private process that is expected to take time before a final resolution is reached.

This development follows the exit of Saahil Nayar, who was closely associated as a co-founder during the brand’s early growth and scale-up phase. The issues between the parties will now be examined in arbitration in accordance with the governing contractual framework.

Founded in 2024 by Saahil Nayar and others, Mila Beauté quickly gained traction in India’s colour cosmetics market, positioning itself as an affordable, high-performance brand with a growing offline and online footprint. The company raised institutional capital during its growth phase and announced plans to invest in manufacturing and operational expansion. It has been tracked closely in startup and retail circles for its rapid scale-up.

Mila Beauté reported revenues of approximately Rs 60 crore in FY25 and has publicly articulated aggressive growth ambitions going forward.

However, sources following the developments say that the leadership separation and the arbitration proceedings introduce a phase of uncertainty, particularly at a time when consumer brands face heightened scrutiny from investors on execution capability, leadership continuity and governance alignment.