Indian businesswoman Falguni Nayar is the founder and CEO of the beauty and lifestyle retail company Nykaa. The 58-year-old found Nykaa in 2012. Formerly Nayar worked at Kotak Mahindra Group. She launched the e-commerce platform in 2012, selling beauty and personal care products through its mobile app and website. She founded Nykaa with $2 million of her own money. FSN E-Commerce Ventures, Nykaa’s parent entity, is India’s first women-led unicorn to hit the stock exchange. She is one of 2 self-made female Indian billionaires, the other being Kiran Mazumdar-Shaw. Nykaa listed at $13 billion on 10 November 2021 making Nayar India's richest self-made woman and is now among India's top 20 richest people. Not just this, Nykaa too has become the first woman-led unicorn startup that got listed on the stock market in India. The company has a diverse portfolio of beauty, personnel care and fashion products, including its owned manufactured brand products, under its two business verticals – Nykaa and Nykaa Fashion. The company estimates that India’s beauty and personal care market will nearly double in size between 2020 and 2025, reaching nearly Rs 2 trillion. “I hope the Nykaa journey – an Indian-born, Indian-owned and Indian-managed dream-come-true – can inspire each of you,” Nayar said at the listing ceremony. More
The firm’s revenue from operations surged 25 percent on-year to Rs 2,346 crore in Q2 FY26, from Rs 1,875 crore in Q2 FY25.
A revival in fashion and steady beauty momentum are giving the e-tailer’s topline fresh festive energy.
At the 78th Cannes Film Festival, Nykaa founder Falguni Nayar dazzled in a bold red outfit alongside son Anchit Nayar, marking her red carpet debut as a tribute to Indian entrepreneurship and global recognition of homegrown business success.
While Nykaa's management said the firm’s top-of-mind recall is expected to give it an edge over rivals, the company is also aware that it needs to advertise and market more aggressively to retain its position
Nykaa Q3 Results: FSN E-Commerce Ventures has declared fiscal third quarter earnings report on Monday, 10 February.
Nykaa has scaled up from 15 warehouses to 44 today over the past years and is constantly focused on improving delivery timelines
Falguni Nayar is well-known in the business community as the Founder and CEO of Nykaa.com, a leading online beauty and wellness retailer.
International Women's Day 2024: On International Women's Day 2024, we look at some of the country's top female entrepreneurs.
The beauty and personal care company had reported a net profit of Rs 8.5 crore in the year-ago period
Ghazal Alagh, co-founder of Mamaearth and Winzo’s co-founder Saumya Singh Rathore were the youngest women on the list. They are both 35.
The Mumbai-based company had recorded a net profit of Rs 5.4 crore and revenues of Rs 1,422 crore in Q1FY24.
Reliance is setting up Tira to take on new-age players in the beauty and personal care space while Tata is ramping up its e-commerce offerings under Tata Cliq. With deep pockets, large traditional players have been able to attract talent from companies like Nykaa.