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Falguni Nayar
Falguni Nayar | |
|---|---|
| Born | 19 February 1963[1] Bombay, Maharashtra, India |
| Nationality | Indian |
| Education | MBA Finance |
| Alma mater | |
| Occupation | Founder & CEO of Nykaa |
| Years active | 1985–present |
| Spouse(s) | Sanjay Nayar ( m. 1987) |
| Children | 2 |
Falguni Nayar (born 19 February 1963) is an Indian businesswoman and billionaire who[2][3] is the founder and CEO of the beauty and lifestyle retail company Nykaa.[4][5] Nayar is one of two self-made female, Indian billionaires. Nayar is now wealthiest female Indian billionaire with her estimated wealth to the tune of $6.5 billion, after recent listings, and in the top 20 richest people of India.
Early life and education[edit]
Nayar was born and raised in a Gujarati family in Mumbai, Maharashtra.[6][7] She is a graduate from Sydenham College of Commerce and Economics and a postgraduate from the Indian Institute of Management Ahmedabad.[8]
Career[edit]
In 1993, Nayar joined Kotak Mahindra Group for 19 years. In 2005, she was appointed as a managing director and exited in 2012.[9][10]
In April 2012, at the age of 50,[11] she founded Nykaa with $2 million of her own money.[12] Nykaa was worth $2.3 billion as of 2021 bringing Nayar's fortune to an estimated $1.1 billion. Nayar is one of 2 self-made female Indian billionaires, the other being Kiran Mazumdar-Shaw.[13][14] Nykaa listed at $13 billion on Nov 10 2021 making Nayar India's richest self-made woman and is now among India's top 20 richest people.[12][15]
Personal life[edit]
Falguni hails from a Gujarati family, but was born and brought up in Mumbai. Her father was a businessman and ran a small bearings company, assisted by her mother.[7] She married Sanjay Nayar in the year 1987, whom she met at business school.[7][16][17]
References[edit]
- ↑ "Bio". Leaderbiography.com. 26 July 2018. Retrieved 30 April 2021.
- ↑ "Nykaa clocks Rs 214 cr revenue in 2016-17". The Financial Express. 2017-06-08. Retrieved 2021-04-16.
- ↑ Bhandari, Shashwat (2020-03-08). "International Women's Day: Top 5 women ruling world of business". www.indiatvnews.com. Retrieved 2021-04-16.
- ↑ Suneera Tandon, qz com. "How online retailer Nykaa became the byword for top-end beauty products in India". Scroll.in. Retrieved 2021-04-16.
- ↑ An; J; Jun 27, Shalina Pillai | TNN |; 2017; Ist, 15:52. "For any business, the first year is a honeymoon period: Nykaa founder Falguni Nayar - Times of India". The Times of India. Retrieved 2021-04-16.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ↑ "Success story of Falguni Nayar – Glow & Lovely Careers". Retrieved 2021-10-11.
- ↑ 7.0 7.1 7.2 Kapur, Mallika (2017-03-24). "Falguni Nayar: The beauty entrepreneur". mint. Retrieved 2021-11-10.
- ↑ Kapur, Mallika (2017-03-24). "Falguni Nayar: The beauty entrepreneur". mint. Retrieved 2021-04-16.
- ↑ "Giving advice on beauty is best way to sell beauty products, says Falguni Nayar, Nykaa-Business News , Firstpost". Firstpost. 2015-11-06. Retrieved 2021-07-02.
- ↑ Kazi, Zainab S. (2016-11-02). "E-beauty space leader Nykaa to open 30 stores by 2020". Indiaretailing.com. Retrieved 2021-07-02.
- ↑ "Get A Glimpse Into The Mind Of Falguni Nayar, The Woman Behind The Force That Is Nykaa". iDiva. 2017-03-08. Retrieved 2021-04-16.
- ↑ 12.0 12.1 Raghunathan, Anu. "Beauty Retailer Nykaa Lists At $13 Billion, Making Founder Falguni Nayar India's Richest Self-Made Woman". Forbes. Retrieved 2021-11-10.
- ↑ Nast, Condé (2021-10-28). "Nykaa owner billionaire Falguni Nayar is all set to triple her net worth to an estimated Rs 28,000 crore". GQ India. Retrieved 2021-11-08.
- ↑ "Nykaa founder Falguni Nayar's beauty startup jolts her into the ranks of the world's richest". Bizz Buzz News.
- ↑ Singh, Tushar Deep. "Who is Falguni Nayar, India's richest self-made woman?". The Economic Times. Retrieved 2021-11-10.
- ↑ Chowdhry, Tamal Bandyopadhyay and Seema (2008-02-09). "The power of 2". mint. Retrieved 2021-07-02.
- ↑ crazibrains. "Falguni Nayar: The Woman Behind Nykaa". thenewsmen. Retrieved 2021-07-02.