Falguni Nayar biography

Who says that women are born only to cook food and raise children within the four walls of the house? If she wants, she can handle both home and business in the best possible way. There are many such examples in India. Where women are ruling the IT company to the fashion and cosmetic sector, today.

 What do you think? To do something big in your life. You need a certain age. After that age. You cannot achieve much success. What do you think? That who has a lot of capital to invest in the business. He can become a successful entrepreneur.

       Have you ever started like this? which proved unsuccessful? Then you have lost all your confidence in a jiffy. If all this happened to you too. So you should learn from this woman today. Who started his business at such a stage of life? That's when most people take retirement. Prepare for your old age.

 This woman not only started her own business. Rather, by giving competition to the already existing, very big companies in the country. Set an example. If you have a desire to do something in your mind. So be it any age. You will definitely achieve your destination. This woman is Falguni Nair, the founder, and CEO of Nykaa.

Falguni Nayar - CEO Nykaa

Early Life of Falguni Nayar

Falguni Nair, the founder, and CEO of Nykaa was born on 19 February 1963, in a Gujarati family in the city of Mumbai. His father owned a ball-bearing company of his own. Falguni believes that she got the depth and understanding of the business from her family as a child. In his house, people often used to talk about the stock market and business.

    Falguni was a meritorious student from the very beginning. He received his early education from The New Era School. After completing Intermediate, he completed his graduation in the Economic and Commerce stream. He then completed his MBA degree from IIM Ahmedabad, one of the most prestigious management colleges in India. Falguni, after completing his studies at IIM, continued teaching at his fellow IIM Ahmedabad on 19 May 1987. Married to Sanjay Nair. His son's name is Ankit Nair and her daughter's name is Adhita Nair.

First Job of Falguni Nayar

After completing his studies, A F Ferguson & Co. for about 8 years. worked in She was here as a consultant. Thereafter, Falguni Nair worked in Kotak Mahindra Capital Company for 18 consecutive years. She had performed from the post of Investment Banker to Capital Investment, Managing Director. Everything was going well. Falguni was working on a good post.

      But she was not happy with her work somewhere. He had a dream. Doing a business of your own. To do something different and make a different identity in the society. With this same zeal and passion, he left his company at the age of 50. Falguni Nair, after leaving her employment, decided to try something unique. To start his own business, he did not have much money. Still, he dared.

How did Naykaa establish?

Falguni looked into his investment banking career. that new start-ups begin. Then he works hard for a few years. After this, they establish themselves by becoming such big brands. This was always felt by Falguni. It was from here that he got the inspiration for entrepreneurship.

      In the year 2012, Falguni laid the foundation of NYKAA. To establish NYKAA, he left his frozen career Investment-Banker and founded NYKAA. Falguni's colleagues and friends called him mad. Because a 50-year-old woman, leaving her storied career. Was going to start a business. About which, they were not even fully aware.

    It was then that Falguni got the idea of ​​​​the business of beauty products. When she moved to a beauty mart called Sephora. From there, he bought very expensive beauty products. While he was not fond of using beauty products too much. The reason for this was the usefulness of the salesmen of the beauty mart. Who was showing them products according to skin tone and texture?

      They liked the service so much. That he bought a lot of products. Falguni had never seen such service anywhere. From here he got the idea in his mind. Why not start such a service through an online platform? Where through people's skin tone and texture. Beauty products should be made available to people.

      This is one such platform. Where is the cheapest and the most expensive brand? That is such an online store, where both cheap and expensive brands should be provided to the consumer. Through this, people can use these beauty products not only in cities but also in small towns and villages. Thus, the foundation of Nayaka was laid. In the early days of his business, he took inspiration from Robin Screwvala, owner of U-TV, and Ajay Bijli, owner of PVR.

Nykaa - IPO Listing

On 10 November 2021, beauty start-up Nykaa made a splash in the Initial Public Offering (IPO) listing. With this, the name of the founder of the company, Falguni Nair, joined the list of the rich. The IPO of NYKAA, a giant in the beauty and personal care segment, was listed in the stock market on Wednesday, 28 October 2021.

       The company's debut in the stock market was very bang. The market capitalization of the company has crossed one lakh crore. Falguni holds half the shares of the company. Whose price has now been $6.5 billion? Due to this Falguni Nair has become India's richest self-made female billionaire.

       Nykaa's parent company FSN E-Commerce Ventures is the first unicorn company to be listed on the stock exchange. Which is headed by a woman. Nykaa's IPO was open for 3 days. It was closed on 1 November 2021. The offer was subscribed 82 times in the IPO.

       On the offer of 2 crores 64 lakh 85 thousand 479 shares of the company, bidding of 2 billion 16 crores 79 lakh 47 thousand 80 shares came. Through this IPO of the company, Rs 5352 crore was raised. Today NYKAA shares are opened on the Mumbai Stock Exchange at a price of Rs 2,128 per share. This price is 80 percent more than its issue price.

Falguni Nayar - Income & Net-Worth

Let us talk about the net worth of Falguni Nair. So they have a half stake in Nykaa company. When Nykaa was listed on 10 November 2021. Then came to know after seeing Nyka's entry into the stock market. That the net worth of Falguni Nair has become $ 6.85 billion i.e. about 49000 crores rupees. According to this record, Falguni became India's richest self-made woman in 2021.