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
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.
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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.
'I believe it (Nykaa) is a very different business. We are a platform, they are a brand,' Meesho co-founder Vidit Aatrey said.
Adwaita Nayar stated that her objective was to ensure that Nykaa Fashion was 'different from anything else that you could find.'
Addressing the students at Indian School of Business (ISB) in Hyderabad, she said: "Digital transformation is today the key driver of nearly every industry, from commerce to finance to healthcare.."
Nykaa outer box damaged sale: Customers are enraged after Nykaa cancelled multiple orders for heavily-discounted products.
For me, family time and enjoying that family time has always been central to what I do, Nayar tells Moneycontrol as she talks about work-life balance
Women's Day 2023: A look at women at the helm of some of the country's -- and the world's -- biggest companies.
Nayar highlights the lipstick effect, says people will spend more on beauty when they can't afford big pleasures
A decade after she quit her job to start Nykaa, Falguni Nayar has debuted on the Forbes India Rich List 2022 at rank 44
Agarwal will be joining PayU India as CFO after a two-year stint at Nykaa. Nykaa had informed stock exchanges of his exit in a regulatory filing on November 22.
But the note does not discuss the tax disadvantage some investors may have to contend with. The bonus issue is drawing fire from the investor community for unfairly saddling a section of shareholders with higher taxes.
The record date for 1:5 bonus issue was changed to November 11 to coincide with the release of lock-in shares
Nykaa CEO Falguni Nayar said, "As an entrepreneur, I am constantly learning, be it about technology, developing innovation in retail or understanding consumer insights."
Vohra, 19, has in fact become the youngest Indian and the first teenager to have personal wealth of at least Rs 1,000 crore, thanks to an over 50 percent rise in the valuation of Zepto, which he founded with Aadit Palicha in 2020, the report titled IIFL Wealth Hurun India Rich List 2022, showed. Palicha, 20, has also made it to the list.
Roshni Nadar Malhotra topped the Kotak-Hurun list of wealthiest Indian women, with Nykaa founder Falguni Nayar taking the second spot. Take a look at the top 10 wealthiest women of India.