• Latest
  • Trending
  • All
All you have to know about India’s wealthiest self-made female billionaire Nykaa’s founder Falguni Nayar 

All you have to know about India’s wealthiest self-made female billionaire Nykaa’s founder Falguni Nayar 

November 12, 2021
Check latest pictures of Vijay Sethupathi, Samantha & Nayanthara from ‘Kaathuvaakula Rendu Kaadhal’

Check latest pictures of Vijay Sethupathi, Samantha & Nayanthara from ‘Kaathuvaakula Rendu Kaadhal’

March 31, 2022
KGF: Chapter 2 Trailer Out: Yash and Sanjay Dutt’s avatar is rocking & Raveena’s attitude is here to break records

KGF: Chapter 2 Trailer Out: Yash and Sanjay Dutt’s avatar is rocking & Raveena’s attitude is here to break records

March 27, 2022
Sukhmani Sadana Opens Up On Shooting Apharan 2 In Icy Weather: “Everybody Was Wearing Warm Clothes, But I Had To Wear A Thin Chiffon Saree”

Sukhmani Sadana Opens Up On Shooting Apharan 2 In Icy Weather: “Everybody Was Wearing Warm Clothes, But I Had To Wear A Thin Chiffon Saree”

March 27, 2022
RRR: Ram Charan’s Wife Upasana Kamineni Cheers For Her Husband In a Theatre, Video Goes Viral

RRR: Ram Charan’s Wife Upasana Kamineni Cheers For Her Husband In a Theatre, Video Goes Viral

March 27, 2022
Akshay Kumar Says ‘Kashmir Files Ne Meri Film Ko Bhi Duba Diya’; Vivek Agnihotri Reacts

Akshay Kumar Says ‘Kashmir Files Ne Meri Film Ko Bhi Duba Diya’; Vivek Agnihotri Reacts

March 27, 2022
Ukrainian Woman Who Fled Kyiv Is All Set To Marry Her Indian Boyfriend in Delhi

Ukrainian Woman Who Fled Kyiv Is All Set To Marry Her Indian Boyfriend in Delhi

March 26, 2022
Watch Beautiful Video Showing Two-Year-Old Boy Giving Adorable Pep Talk To Eight-Month-Old Baby Sister

Watch Beautiful Video Showing Two-Year-Old Boy Giving Adorable Pep Talk To Eight-Month-Old Baby Sister

March 26, 2022
Golden retriever is winning hearts with ‘precious’ wedding dance – WATCH viral video

Golden retriever is winning hearts with ‘precious’ wedding dance – WATCH viral video

March 26, 2022
Pushpa star Rashmika Mandanna flaunts washboard abs, shares inspiring message- See pic

Pushpa star Rashmika Mandanna flaunts washboard abs, shares inspiring message- See pic

March 26, 2022
Viral! Photographer gets brutally trolled for charging extra money to shoot plus-size models

Viral! Photographer gets brutally trolled for charging extra money to shoot plus-size models

March 24, 2022
Gigi Hadid and Bella Hadid walk the ramp for Ralph Lauren. See pics

Gigi Hadid and Bella Hadid walk the ramp for Ralph Lauren. See pics

March 24, 2022
Jennifer Lopez Looks Stunning in Deep-Plunging Bodysuit With Sheer Skirt At iHeart Radio Music Awards

Jennifer Lopez Looks Stunning in Deep-Plunging Bodysuit With Sheer Skirt At iHeart Radio Music Awards

March 23, 2022
Saturday, April 2, 2022
Buzzyoo
  • Home
  • Viral
  • Trending
  • World
  • BuzzyooTV
  • Sci & Tech
  • Fashion & Lifestyle
    • All
    • Romance
    Gigi Hadid and Bella Hadid walk the ramp for Ralph Lauren. See pics

    Gigi Hadid and Bella Hadid walk the ramp for Ralph Lauren. See pics

    Jennifer Lopez Looks Stunning in Deep-Plunging Bodysuit With Sheer Skirt At iHeart Radio Music Awards

    Jennifer Lopez Looks Stunning in Deep-Plunging Bodysuit With Sheer Skirt At iHeart Radio Music Awards

    Heidi Klum, 48, Wears Just Black Lingerie & Cutout Tights As She Teases ‘What Happens In Vegas’: Photo

    Heidi Klum, 48, Wears Just Black Lingerie & Cutout Tights As She Teases ‘What Happens In Vegas’: Photo

    Khloe Kardashian Looks Stunning in Hot Pink Leggings & A Tiny Sports Bra

    Khloe Kardashian Looks Stunning in Hot Pink Leggings & A Tiny Sports Bra

    Poland’s Karolina Bielawska won the Miss World 2021 crown. See pics

    Poland’s Karolina Bielawska won the Miss World 2021 crown. See pics

    Samantha Rocks Looks Stunning in Sexy Plunging Outfit After Slamming Trolls Over Her Cleavage Dress; See Pics

    Samantha Rocks Looks Stunning in Sexy Plunging Outfit After Slamming Trolls Over Her Cleavage Dress; See Pics

    BAFTAs 2022: Emma Watson to Lady Gaga, Check the stunning pictures of beautiful stars

    BAFTAs 2022: Emma Watson to Lady Gaga, Check the stunning pictures of beautiful stars

    Samantha Ruth Prabhu looks stunning in stunning green gown at Critics Choice Film Awards: Check out pics

    Samantha Ruth Prabhu looks stunning in stunning green gown at Critics Choice Film Awards: Check out pics

    Palak Tiwari Raises Heat With Her Bikini-clad Pool Pictures

    Palak Tiwari Raises Heat With Her Bikini-clad Pool Pictures

  • Cricket
  • ENTERTAINMENT
    Check latest pictures of Vijay Sethupathi, Samantha & Nayanthara from ‘Kaathuvaakula Rendu Kaadhal’

    Check latest pictures of Vijay Sethupathi, Samantha & Nayanthara from ‘Kaathuvaakula Rendu Kaadhal’

    KGF: Chapter 2 Trailer Out: Yash and Sanjay Dutt’s avatar is rocking & Raveena’s attitude is here to break records

    KGF: Chapter 2 Trailer Out: Yash and Sanjay Dutt’s avatar is rocking & Raveena’s attitude is here to break records

    Sukhmani Sadana Opens Up On Shooting Apharan 2 In Icy Weather: “Everybody Was Wearing Warm Clothes, But I Had To Wear A Thin Chiffon Saree”

    Sukhmani Sadana Opens Up On Shooting Apharan 2 In Icy Weather: “Everybody Was Wearing Warm Clothes, But I Had To Wear A Thin Chiffon Saree”

    RRR: Ram Charan’s Wife Upasana Kamineni Cheers For Her Husband In a Theatre, Video Goes Viral

    RRR: Ram Charan’s Wife Upasana Kamineni Cheers For Her Husband In a Theatre, Video Goes Viral

    Akshay Kumar Says ‘Kashmir Files Ne Meri Film Ko Bhi Duba Diya’; Vivek Agnihotri Reacts

    Akshay Kumar Says ‘Kashmir Files Ne Meri Film Ko Bhi Duba Diya’; Vivek Agnihotri Reacts

    Pushpa star Rashmika Mandanna flaunts washboard abs, shares inspiring message- See pic

    Pushpa star Rashmika Mandanna flaunts washboard abs, shares inspiring message- See pic

    Jennifer Lopez Looks Stunning in Deep-Plunging Bodysuit With Sheer Skirt At iHeart Radio Music Awards

    Jennifer Lopez Looks Stunning in Deep-Plunging Bodysuit With Sheer Skirt At iHeart Radio Music Awards

    Samantha Ruth Prabhu wishes Kangana Ranaut ‘ on her birthday, calls her powerhouse of talent’

    Samantha Ruth Prabhu wishes Kangana Ranaut ‘ on her birthday, calls her powerhouse of talent’

    Deepika Padukone reacts to Abhishek Bachchan saying ‘Everyone Loves Deepika’ in ‘Dasvi’ trailer

    Deepika Padukone reacts to Abhishek Bachchan saying ‘Everyone Loves Deepika’ in ‘Dasvi’ trailer

  • News
Buzzyoo
No Result
View All Result

All you have to know about India’s wealthiest self-made female billionaire Nykaa’s founder Falguni Nayar 

by BuzzYoo
November 12, 2021
in News
3 min read
0
All you have to know about India’s wealthiest self-made female billionaire Nykaa’s founder Falguni Nayar 

image: indiatimes.com

Share on FacebookShare on Twitter

In 2012, investment banker-turned-entrepreneur Falguni Nayar founded Nykaa — a Mumbai-based fashion and beauty online retail venture. Over nine years and with more than 2,400 brands, including domestic, international, luxury and premium, Nykaa has become one of the most prominent names in India’s start-up ecosystem.

The e-commerce beauty retailer derives its name from the Sanskrit word nayaka (meaning actress) and aims to celebrate the “star in each woman”. Nykaa says it understands its customers’ needs and preferences, with which it has gone on to built some 70+ brick-and-mortar stores across the country. Additionally, its online community of beauty aficionados offers a comprehensive collection of trending looks, expert advice, and more.

RelatedPosts

Ukrainian Woman Who Fled Kyiv Is All Set To Marry Her Indian Boyfriend in Delhi

Golden retriever is winning hearts with ‘precious’ wedding dance – WATCH viral video

Video of Sikh man dancing on Miami streets goes viral; Watch video here

Nykaa also manufactures products under two business verticals — Nykaa and Nykaa Fashion and allows its users to sell their products online.

While the multi-brand retailer of cosmetics, apparel and more continues to grow, here are some things you must know about Nayar, whose net worth is USD 6.9 billion (as of 10 November 2021).

image: lifestyleasia

Nykaa: The unicorn which leapt the rainbow

A privately-held startup becomes a unicorn when it reaches a valuation of USD 1 billion (INR 100 crore). Nykaa, whose parent entity is FSN E-Commerce Ventures, entered the unicorn club in April 2020 after an INR 100 crore funding from Steadview Capital.

Some of its popular investors also include actresses Alia Bhatt and Katrina Kaif, who attended the listing ceremony along with Nayar and her daughter Adwaita.

Nykaa is now the country’s first woman-led unicorn.

The grand debut at the stock exchange

The three-day initial public offering (IPO) was launched on 28 October 2021. As per Forbes, Nykaa will be “deploying the IPO proceeds towards new stores, new warehouses and for enhancing brand visibility.”

The unicorn made a debut at the stock exchange on 10 November 2021, and its market capitalisation crossed INR 1 lakh crore in early deals.

According to an Economic Times report, “The Nykaa shares listed with a huge premium of over 79 percent against the issue price of Rs 1,125 on Wednesday. The stock debuted at Rs 2,001, reflecting a jump of 77.86 percent on the BSE (Bombay Stock Exchange). It then zoomed 89.24 percent to Rs 2,129. On NSE (National Stock Exchange), it listed at Rs 2,018, a premium of 79.37 percent.”

image: lifestyleasia

The company’s shares are listed on a high, making her India’s wealthiest self-made female billionaire and the second self-made female billionaire in the country after Biocon founder Kiran Mazumdar Shaw.

In the latter half of the day, the closing price of Nykaa’s shares was recorded at Rs 2,205.80 and Rs 2206.70 on NSE and BSE, respectively.

Nayar’s early years as an investment banker

Nayar began a career in consulting with A.F. Ferguson & Co, after graduating from the prestigious IIM Ahmedabad. She went on to work with Kotak Mahindra Bank where she would spend 18 years of her professional life.

During her run in the company, she managed various businesses and was also the managing director of Kotak Mahindra Investment Bank. The former investment banker is a board member of Aviva insurance and Dabur India. She is also an independent member on the Tata Motors Board.

The inception of Nykaa, and how Nayar became India’s second wealthiest woman

After spending over 20 years in finance, she left her job as an investment banker and entered the startup industry with her online beauty and personal care retail venture.

She founded Nykaa with an investment of USD 2 million. Her goal was to make quality cosmetics easily available to Indian consumers.

“I started Nykaa at the age of 50 with no experience. I hope the Nykaa journey can inspire each of you to be the Nykaa of your lives,” Nayar said before her company’s listing at the NSE.

The 58-year-old founder, managing director and CEO of Nykaa, owns more than half of the beauty e-commerce business along with her husband Sanjay Nayar — India CEO of US private equity giant KKR — and their twin children: Anchit and Adwaita.

Falguni Nayar is now the second wealthiest woman in India, the first being Savitri Jindal — the chairperson emeritus of O.P. Jindal Group.

Source: LifeStyleAsia

Also Read: Nykaa IPO GMP, Price, Financials, Key Details to Know Before Subscription Opens

 

Share16Tweet10Share4
BuzzYoo

BuzzYoo

Related Posts

Ukrainian Woman Who Fled Kyiv Is All Set To Marry Her Indian Boyfriend in Delhi
News

Ukrainian Woman Who Fled Kyiv Is All Set To Marry Her Indian Boyfriend in Delhi

March 26, 2022
Golden retriever is winning hearts with ‘precious’ wedding dance – WATCH viral video
News

Golden retriever is winning hearts with ‘precious’ wedding dance – WATCH viral video

March 26, 2022
Video of Sikh man dancing on Miami streets goes viral; Watch video here
News

Video of Sikh man dancing on Miami streets goes viral; Watch video here

March 22, 2022
Beautiful video of little girl helping baby sister to get on her bicycle wins over netizens – WATCH viral video
News

Beautiful video of little girl helping baby sister to get on her bicycle wins over netizens – WATCH viral video

March 20, 2022
Load More
Buzzyoo

Copyright © 2019 Buzzyoo.

Links

  • About Us
  • Advertise with us
  • Privacy Policy
  • Terms and Conditions
  • Politics
  • Business
  • Travel
  • FOOD & DRINKS

Follow Us

No Result
View All Result
  • Home
  • Viral
  • Trending
  • World
  • BuzzyooTV
  • Sci & Tech
  • Fashion & Lifestyle
  • Cricket
  • ENTERTAINMENT
  • News

Copyright © 2019 Buzzyoo.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In