Falguni Nayar, the youngest rich girl in India, has pipped Kiran Mazumdar and Rekha Jhunjhunwala to become the richest Indian woman. According to the Hurun India Rich List 2021, Falguni Nayar & family’s wealth rose Rs 30,000 crore during the year and her cumulative wealth increased 345 per cent and stood around Rs 38,000 crore.
Falguni Nayar is the founder of beauty and wellness brand Nykaa. She started the company in 2012 and it has since become one of the most successful online beauty retailers in India. The company is now valued at over Rs 10,000 crore and has over 5 million customers.
Nayar has been a successful entrepreneur for many years. She has been involved in the beauty and wellness industry for over two decades. She has also served as the managing director of Kotak Mahindra Bank and as the executive director of Kotak Investment Banking.
Nayar is also an active philanthropist and has been involved in various social initiatives. She is the founder of the NGO, Swadhaar FinAccess, which works to empower women financially. She is also a member of the board of trustees of the National Skill Development Corporation and a member of the board of governors of the Indian Institute of Management, Bangalore.
Nayar is an inspiration to many young entrepreneurs in India. She has shown that it is possible to achieve success through hard work and dedication. Her success story is a testament to the fact that with the right attitude and determination, anyone can achieve their dreams.