Falguni Nayar: From Banker to Building Nykaa’s Billion-Dollar Brand

Falguni Nayar’s journey from a successful investment banker to the founder of Nykaa is a testament to her entrepreneurial spirit and determination.

After spending over 20 years in banking, Falguni decided to pursue her dream of starting her own business.

In 2012, at the age of 50, she founded Nykaa, an online beauty and personal care platform.

Falguni identified a gap in the Indian market for high-quality, reliable beauty products.

She combined her expertise in finance with her understanding of consumer behavior to create a platform that offered curated beauty products from global and domestic brands.

Unlike most startups, Nykaa focused on profitability from the beginning, a strategy that set it apart from competitors.

Under Falguni’s leadership, Nykaa expanded from an e-commerce platform to a multi-channel retail business.

The company launched physical stores across India and introduced its own line of beauty products.

In 2021, Nykaa became a unicorn and later went public, making Falguni one of the richest self-made women entrepreneurs in India.

Falguni’s story is not just about building a successful business; it’s about breaking barriers and inspiring women to follow their dreams, regardless of age or background.

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