Falguni Nayar Biography
- Falguni is an Indian businesswoman who was born on February 19, 1963, and lives in the city of Mumbai.
- She started Nykaa, one of India’s biggest online beauty and fashion sites.
- Falguni Nayar, the founder, and CEO of Nykaa said she was leaving Kotak Mahindra after 20 years to follow her dream.
- Falguni Nayar, who started the cosmetics company Nykaa, is now India’s richest self-made woman billionaire, thanks to Nykaa’s IPO.
- Nykaa’s stock has gotten off to a great start on the national stock exchanges. The stock market is listed at a premium, and even after it was listed, it has seen big gains.
Family and Personal Life
- Falguni Nayar was born and raised in Mumbai, Maharashtra. She was born into a Hindu family and grew up there.
- Her family was involved in business, and her father ran a small bearings company.
- Falguni’s first job was as a management consultant at Kotak Mahindra Capital Company, where she worked for 18 years before leaving in 2012 to start her own business.
- In 2012, she started Nykaa, a multi-brand online beauty portal that is now one of the most popular online cosmetic brands in India and has also helped Falguni Nayar increase her net worth.
Net Worth
- Falguni has more than half of the Nykaa market.
- Nykaa is worth more than $6.5 billion as a whole (about Rs. 4830 crore).
- According to the Bloomberg Billionaire Index, Falguni is now the country’s richest self-made billionaire.
- Nykaa’s stock price has recently gone up by 89 percent, which is good for both the company and Falguni.
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Career
- Nayar worked as a consultant for A.F. Ferguson & Co.
- In 1993, Nayar joined the Kotak Mahindra Group, where he stayed for 19 years.
- In 2005, she was named Managing Director, and she left the company in 2012.
Physical Appearance
- Falguni Nayar was mentally fit because she had to deal with a lot of challenges and small problems while working on his own brand, “Nykaa.”
- Falguni Nayar is 5’3″ tall and weighs 70 kg.
- Her eyes are a light brown colour, her hair is black, and she has a simple body type, but she was physically healthy and ready to deal with any problems that could come up in her life.
Education and Qualification
- Falguni finished her schooling at The New Era, which is a public school and also a business school. She got her bachelor’s degree in business and economics from Sydenham College.
- Falguni got her post-graduate degree from the Indian Institute of Management Ahmedabad.
- She met Sanjay Nayar while she was getting her post-graduate degree, and they both finished their studies.
- Falguni started her career as a venture investor and merchant at Kotak Mahindra Bank.
Some Interesting Facts
- The 2018 Nykaa Femina Beauty Awards were put on by Nykaa and Femina.
- On August 3, 2021, Nykaa filed for an IPO with SEBI. The company’s shares were supposed to be listed on the BSE and NSE, and the IPO was supposed to include a new share issue worth Rs 525 million.
- Nayaka’s IPO was in November 2021, and the company’s shares went up by 89 percent when they started trading on November 10, 2021. This made Nair the richest person in India with a net worth of $6.5 billion. The woman with a lot of money was born.