| Born | 1963 (age 62–63) Mumbai , Maharashtra , India |
|---|
| Education | MBA Finance |
|---|
| Alma mater | Sydenham College of Commerce and Economics, Mumbai Indian Institute of Management Ahmedabad |
|---|
| Occupations | Founder & CEO of Nykaa |
|---|
| Other name | Falguni Sanjay Nayar |
|---|
| Employer | Kotak Mahindra Bank (1993–2012) |
|---|
| Spouse | Sanjay Nayar ( m. 1987) |
|---|
| Children | 2 |
|---|
Falguni Sanjay Nayar (born 1963) is an Indian billionaire businesswoman,[3] who is the founder and CEO of the beauty and lifestyle retail company Nykaa, formally known as FSN E-Commerce Ventures which is an acronym of her own name.[4][5]
As per Forbes list of India’s 100 richest tycoons, dated October 09, 2024, Falguni Nayar & family was ranked 71st with a net worth of $4.2 Billion.[6]
Nayar was born and raised in a Gujarati family in Mumbai, Maharashtra. Her father was a businessman and ran a small bearings company, assisted by her mother.[7] She is a graduate in B.Com from Sydenham College of Commerce and Economics and a postgraduate from the Indian Institute of Management Ahmedabad (1985 batch).[7][8]
In 1993, Nayar joined Kotak Mahindra Group after leaving her consultant job at A. F. Ferguson & Co. At Kotak Mahindra, she was initially the head of mergers and acquisitions (M&A) team, before going on to open institutional equities offices in London and New York City. In 2001, she returned to India.[9][10][11] In 2005, she was appointed as the managing director of Kotak Mahindra Capital, the investment banking unit, and director of Kotak Securities, the institutional equities arm. She quit her job in 2012.[8][12][13]
In April 2012, she founded Nykaa with $2 million of her own money.[14] Nykaa was worth $2.3 billion as of 2021 bringing Nayar's net worth to an estimated $1.1 billion. In 2021, Nayar was described as one of two self-made female Indian billionaires, the other being Kiran Mazumdar-Shaw.[15] Nykaa listed at $13 billion valuation on 10 November 2021. Soon after Nykaa went public, Nayar became the wealthiest self-made Indian woman, with her net worth rising to $6.5 billion.[14][16] In 2022, Nayar made her debut in the Forbes India Rich List at rank 44.[17] She was awarded EY entrepreneur of the year for India in 2021.[18]
Falguni Nayar married Sanjay Nayar in the year 1987, whom she met at business school. He is the CEO of Kohlberg Kravis Roberts India.[19][20][21][7] They have two children – Adwaita Nayar and Anchit Nayar, who are twins;[22] Adwaita is the CEO of Nykaa Fashion whereas Anchit heads the retail and e-commerce divisions.[23]
संदर्भ / स्रोत
- ^ "Falguni Nayar & family" . Forbes . Retrieved 2026-10-18 . ↗
- ^ "Falguni Sanjay Nayar, FSN E-Commerce Ventures LTD: Profile and Biography" . Bloomberg News . ↗
- ^ Bhandari, Shashwat (2020-03-08). "International Women's Day: Top 5 women ruling world of business" . indiatvnews.com . Retrieved 2021-04-16 . ↗
- ^ Suneera Tandon, qz com (16 October 2017). "How online retailer Nykaa became the byword for top-end beauty products in India" . Scroll.in . Retrieved 2021-04-16 . ↗
- ^ Pillai, Anand J; Pillai, Shalina (June 27, 2017). "For any business, the first year is a honeymoon period: Nykaa founder Falguni Nayar" . The Times of India . Retrieved 2021-04-16 . ↗
- ^ "India's 100 Richest" . ↗
- ^ a b c Kapur, Mallika (2017-03-24). "Falguni Nayar: The beauty entrepreneur" . mint . Retrieved 2021-11-10 . ↗
- ^ a b "Falguni Nayar: The Nykaa among Nayaks" . The Indian Express . 14 November 2021 . Retrieved 23 February 2023 . ↗
- ^ "I take on measured responsibility" . Financial Express . 17 November 2004. Archived from the original on 29 April 2021 . Retrieved 23 February 2023 . ↗
- ^ "Power Women" . Financial Express . Archived from the original on 24 June 2021 . Retrieved 23 February 2023 . ↗
- ^ "Kotak's next move" . Business Today . 21 July 2009 . Retrieved 23 February 2023 . ↗
- ^ "Giving advice on beauty is best way to sell beauty products, says Falguni Nayar, Nykaa" . Firstpost . 2015-11-06 . Retrieved 2021-07-02 . ↗
- ^ Kazi, Zainab S. (2016-11-02). "E-beauty space leader Nykaa to open 30 stores by 2020" . Indiaretailing.com . Retrieved 2021-07-02 . ↗
- ^ a b Raghunathan, Anu. "Beauty Retailer Nykaa Lists At $13 Billion, Making Founder Falguni Nayar India's Richest Self-Made Woman" . Forbes . Retrieved 2021-11-10 . ↗
- ^ "Nykaa owner billionaire Falguni Nayar is all set to triple her net worth to an estimated Rs 28,000 crore" . GQ India . 2021-10-28 . Retrieved 2021-11-08 . ↗
- ^ Singh, Tushar Deep. "Who is Falguni Nayar, India's richest self-made woman?" . The Economic Times . Retrieved 2021-11-10 . ↗
- ^ Bhasin, Swati (29 November 2022). "Nykaa's Falguni Nayar, other newcomers on India's 100 richest Forbes 2022 list" . Hindustan Times . Retrieved January 11, 2023 . ↗
- ^ "EOY 2021 winners" . www.ey.com . ↗
- ^ "Sanjay Nayar – Leaders / Avendus" . www.avendus.com . Archived from the original on 2021-11-24 . Retrieved 2022-04-22 . ↗
- ^ Chowdhry, Tamal Bandyopadhyay and Seema (2008-02-09). "The power of 2" . mint . Retrieved 2021-07-02 . ↗
- ^ "Falguni Nayar: The Woman Behind Nykaa" . thenewsmen . Retrieved 2021-07-02 . ↗
- ^ Bahl, Taru (11 September 2008). "Students learn to manage the hardest thing of all-- their hearts" . mint . Retrieved 23 February 2023 . ↗
- ^ "Anchit And Adwaita Nayar: Grooming For Glory" . Forbes India . Retrieved 2022-04-22 . ↗