FALGUNI NAYAR

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    Early Life & Education

    February 19, 1963: Born in Mumbai, India. 1985: Graduated from Sydenham College of Commerce and Economics. 1987: Earned an MBA from IIM Ahmedabad.
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    Corporate Career

    1985–1993: Worked as a consultant at A.F. Ferguson Co. 1993: Joined Kotak Mahindra Group. 2005: Became Managing Director of Kotak Mahindra Investment Bank. March 2012: Resigned from Kotak Mahindra after 19 years of service.
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    Entrepreneurial Journey & Nykaa’s Growth

    April 2012: Founded Nykaa, an online beauty and wellness platform. 2015: Opened Nykaa’s first offline retail store in Delhi. 2018: Expanded into fashion with the launch of Nykaa Fashion. 2020: Nykaa achieved profitability for the first time.
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    Nykaa’s IPO & Billionaire Status

    October 28, 2021: Nykaa’s IPO opened for subscription. November 10, 2021: Nykaa listed on the stock exchange, valued at $13 billion. November 10, 2021: Falguni Nayar became India’s richest self-made female billionaire, with a net worth of $6.5 billion.