This business tycoon quit high-paying job to build Rs 22,147 crore firm, competing with Mukesh Ambani, Isha Ambani
Falguni Nayar, the founder and CEO of Nykaa, India’s high magnificence and vogue retailer, is without doubt one of the richest ladies within the nation. Falguni Nayar was as soon as an funding banker and he or she left her high-paying job to flip entrepreneur and is now the richest self-made girl entrepreneur in India.
Falguni Nayar succeeded in constructing a multi-billion greenback model on the idea of her expertise, perseverance and many laborious work. Falguni Nayar was ranked forty fourth within the Forbes 2022 record of India’s 100 wealthiest individuals. She has a web price of round Rs 22,000 crore (USD 2.7 billion), in accordance to a Forbes report.
Falguni Nayar was born on February 19, 1963 in Mumbai. Her dad and mom are from Gujarat. Falguni Nayar has studied at IIM Ahmedabad. She is married to Sanjay Nayar, who’s at the moment the top of the non-public fairness agency KKR & Co.
Falguni Nayar labored at Kotak Mahindra Bank for round twenty years however she all the time needed to run her personal business and that’s why she quit her job as Managing Director of Kotak Mahindra Investment Bank to launch Nykaa in 2012. Nykaa at the moment sells over 4,500 merchandise each on-line and thru bodily shops.
In 2021, Falguni Nayar took Nykaa public and thus grew to become India’s richest self-made feminine entrepreneur. Falguni Nayar’s twin daughter and son each work for Nykaa and are board members too.
According to expers, Falguni Nayar’s Nykaa is ready to face stiff competitors from Reliance Retail, which has launched Tira to problem Nykaa. It is to be famous that Reliance Retail is being led by Mukesh Ambani’s daughter Isha Amb
