FALGUNI NAYAR, NYKAA : BIOGRAPHY
Founder and CEO : Beauty and Lifestyle retail company NYKAA
INDIAN BUSINESS WOMAN, BILLIONAIRE
BORN: 19 FEBRUARY 1963 (AGE 58 YEARS) MUMBAI
SPOUSE: SANJAY NAYAR(M.1987)
EDUCATION: MBA FINANCE
SYDENHAM COLLEGE OF COMMERCE AND ECONOMICS , MUMBAI; INDIAN INSTITUTE OF MANAGEMENT, AHMEDABAD.
CHILDREN: DAUGHTER; ADWAITA NAYAR, CEO NYKAA FASHION. SON; ANCHIT NAYAR, CEO NYKAA RETAIL, CEO BEAUTY E- COMMERCE-NYKAA.
FALGUNI, RAISED IN GUJARATI FAMILY AND MARRIED TO A PUNJABI. FATHER; OWNED A SMALL BEARING COMPANY, MOTHER ASSISTED HIM.
FALGUNI NAYAR FOUNDED NYKAA IN 2012.
VISION: BUILDING A MULTI-BRAND BEAUTY RETAIL BUSINESS.
UNICORN TURNING POINT: IN MARCH 2020(AFTER 5 ROUNDS OF FUNDING)
RARE: NYKAA IS A PROFITABLE INDIAN STARTUP.
PREVIOUSLY WORKED IN: KOTAK MAHINDRA CAPITAL CO(LEFT IN 2012)
FALGUNI NAYAR NET WORTH: $7.5 BILLION
MARKET CAP OF NYKAA IPO: ₹1 LAKH CRORE
SHE IS THE WEALTHIEST SELF-MADE WOMAN IN INDIA.
AMONG THE 20 RICHEST PEOPLE IN INDIA.
” BET ON NYKAA FOR THE LONG TERM” FALGUNI NAYAR.
THE ₹5300 CRORE INITIAL PUBLIC OFFERING (IPO) OF FASHION e-tailer NYKAA, OWNED BY FSN E- COMMERCE VENTURES Ltd, WAS OVERSUBSCRIBED 82.42 ON THE THIRD AND FINAL DAY OF THE PUBLIC SHARE SALE.
NYKAA IPO: FALGUNI NAYAR PROVED IT’S NEVER TOO LATE TO START UP.
NYKAA HAS COMFORTABLY BROKEN INTO THE CLUB OF INDIA’S TOP100 MOST VALUABLE COMPANIES.
” 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 (HEROINE) OF YOUR LIVES “SAID FALGUNI ON THE IPO SUCCESS.
sources; The Economic Times, Business Standard.