Nykaa’s founder Falguni Nair became the biggest self-made woman billionaire in such a country
Falguni Nair started Nykaa in 2012.
New Delhi:
A leader in the beauty and personal care segment Nykaa’s IPO Listed on the stock market on Wednesday. The company’s debut in the stock market was so bang that the company’s market capitalization crossed 1 lakh crores. Not only this, the company’s founder Falguni Nair has joined the list of rich. Nair owns almost half of the company’s shares, which are now valued at $6.5 billion. Bloomberg Billionaires Index According to reports, Nair has become India’s richest self-made female billionaire after today’s IPO listing. Let us tell you that Nykaa’s parent company, FSN E-Commerce Ventures, is the first unicorn company to be listed on the stock exchange, which is headed by women.
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The story of Falguni Nair…
Falguni has led a top investment bank in the past. She made her heroine debut in 2012. At that time, there was no such platform in the country, which would exclusively give options to women for shopping for beauty and personal care products alone.
It started as an online marketplace. After this it created its own beauty and personal care brand as well as carved a niche in the fashion segment and retail sector. Nykaa has a primary app for the beauty and personal care of the heroine, apart from Nykaa Fashion, where apparel, accessories, fashion products are associated. More than 4,000 beauty, personal care and fashion brands are linked to its retail stores on its apps.