Falguni Nayar, founder of Nykaa, became woman billionoir on her own
Falguni Nayar, founder of Nykaa, became woman billionoir on her own
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Today, Wednesday, beauty start-up Nykaa's stock market listing, as well as its founder Falguni Nayar has made it to the list of the richest women in the country and the world. Yes, beauty and fashion retailer Nykaa's IPO has been at the forefront of making investors rich after listing today. Nykaa shares are said to have gained nearly 90 per cent after the listing. It was on the list of Naykaa that the market cap of the company reached Rs. Talking about former investment banker Falguni Nayar, he started Nykaa in 2012.

As of 31st August 2021, the Nykaa app has been downloaded 5.58 crore times. At the same time, Nykaa had a net profit of Rs 61.9 crore in FY21 as compared to AYCA's loss of Rs 16.3 crore in FY20. Nykaa started its first physical store in 2014 and as of 31st August 2021, FSN e-commerce has 80 physical stores in 40 cities across the country. Talking about Investment Banker Falguni Nayar, she helped the founders of Indian companies to do Roadshows in Europe and the US to raise money for many years. She founded the startup Nykaa in 2012 and is today among the top e-commerce sites of beauty products in the country.

Falguni Nayar is now 50 years old. She is the MD and CEO of Nykaa and her husband has a 54 per cent stake in the company. Her husband Sanjay Nayar is the CEO of the US private equity firm KKR in India. Falguni Nayar's net worth has tripled to nearly $6.5 billion after the IPO. Also tell you that the Founder of Nykaa, Falguni Nayar quit her job at Kotak Mahindra Bank Limited in 2012 and started Nykaa.

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