Falguni Nayar is a self-made female billionaire in India. She is the founder and CEO of the lifestyle and beauty company Nykaa, and has a net worth of $4.08 billion. Nayar is one of two self-made female Indian billionaires.
Nayar was born in Mumbai, India, and attended the Cathedral and John Connon School. She then went on to study at St. Xavier’s College, where she earned a degree in Economics. After college, Nayar worked in the banking industry for over two decades. She was the head of Investment Banking at Kotak Mahindra Bank, and also served as the Managing Director and CEO of Kotak Investment Banking.
In 2012, Nayar founded Nykaa, an online beauty and lifestyle store. The company has since become one of the most successful online retailers in India, and has over 10 million customers. Nykaa has also expanded into offline retail, with over 400 stores across India.
Nayar’s success has earned her numerous accolades, including the “Woman of the Year” award from the Economic Times in 2017. She has also been featured in Forbes’ list of “India’s 100 Most Powerful Women” for three consecutive years.
Nayar is an active philanthropist, and has donated to numerous causes, including education, healthcare, and women’s empowerment. She is also a vocal advocate for women’s rights, and has spoken out against gender inequality in the workplace.
Nayar’s success is an inspiration to aspiring entrepreneurs and businesswomen. She has shown that with hard work and dedication, it is possible to achieve success and become a self-made female billionaire in India.