Falguni Nayyar In 2021, there was a strong listing of Nykaa on the stock exchange, after that the company’s founder and CEO Falguni Nayar is being discussed everywhere from the corporate world. Falguni Nair is such a woman who has inspired many women with her success who want to become Entrepreneur. From starting her own startup to making a career in the corporate world. Falguni Nayar, the founder of beauty startup Nykaa, is the richest self-made female billionaire in the country and she has not inherited this business.
Falguni Nair has been an investment banker. Falguni started his career with AF Ferguson & Company after graduating from IIM Ahmedabad. He also worked in Kotak Mahindra Bank for about 18 years. She was the Managing Director of Kotak Mahindra Investment Bank. Apart from this, she has also held the position of Director in Kotak Securities.
Nykaa debut in 2012
But in 2012, he decided to set up his own business and in this episode he started the company Nykaa. Leading a team of over 1600 people, Falguni has built Nykaa, a beauty and lifestyle retail empire, which has emerged as India’s leading beauty retailer with a portfolio of 1500+ brands including its own label in the country. Nykaa started its first physical store in the year 2014. As of 31 August 2021, FSN E-commerce has 80 physical stores in 40 cities across the country. Nykaa has a primary app for the beauty and personal care of the heroine, apart from Nykaa Fashion, where apparel, accessories, fashion related products are there. More than 4,000 beauty, personal care and fashion brands are linked to its retail stores on its apps.
Falguni created history
Within 10 years of starting Nykaa, Falguni Nair has taken the company to the level that people take decades to achieve. From starting new ventures to the business of the country, the success of Falguni Nair is no less than a case study. Falguni Nair, who has written a new story of success, herself says that one of her dreams has come true. Falguni Nair had said that I started Nayaka at the age of 50 without any experience. He had said that I hope the story of Nayaka can inspire each one of you to be the hero/heroine of your life. Falguni Nair owns 50 percent of this company Nykaa. FSN E-commerce Ventures is the parent company of Nykaa and is the first woman-led company in India to enter the stock exchange.
Great listing on the stock exchange
After the listing of Nyka in the stock market on 10 November 2021, its market cap had crossed Rs 1 lakh crore on the very first day. Nykaa has given excellent returns to the investors. At present, the stock of Nykaa was trading at Rs 1388 due to volatility in the stock market.
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