Falguni Nayar: Everyone is well aware of Nykaa and used it for buying several beauty and other fashion products. Falguni Nair who started this company is now among the self-made billionaire women in India. Here is the story of Nykaa’s Nayak, Falguni.
Business journey
Falguni Nair starts Nykaa in April 2012. Today she is a self-made billionaire Indian woman. But her journey from employee to employer is not that simple. She started her journey in Mumbai. She was born in Mumbai on 19 February 1963 and her father was a businessman.
Education feat
Falguni Nair pursued her graduation from Sydenham College of Commerce and Economics, Mumbai. She completed her MBA studies at IIM Ahmedabad. Today her net worth is Rs 22,324 crores. But before opening her own e-commerce company, she worked with many private companies.
Returns to India in 2001
She first worked at AF Ferguson & Company. After this, in the year 1993, She joined Kotak Mahindra group. She worked in London and New York then, she came back to India in the year 2001. In 2005, she became the Managing Director of Kotak Mahindra Capital. After this, in April 2012, she founded Nykaa.
Total Assets
Nykaa’s headquarter is in Mumbai. The company sells wellness, beauty and fashion products through its website, mobile app and over 100 stores. Falguni is considered as the self-made billionaire woman of the country. According to the reports, she has invested $ 2 million from her savings. After the IPO of her company, Falguni’s total assets have crossed Rs 50,000 crore.
Over 4000 beauty products at the store
Falguni Nair is the CEO of the company. She is married to Sanjay Nagar. He is the CEO of Kohlberg Kravis Roberts India. Two of his children, Advait Nair and Anchit Nair, work in Nayaka. More than 1600 people work in Falguni Nayar’s company. She has set up her own beauty and personal care brand on her own. More than 4,000 beauty, and personal products are available at their store.