Falguni Nayar was (born 19 February 1963) is an Indian Businesswoman. She is a billionaire businesswoman in India. She is the founder & CEO of the most famous beauty and lifestyle retail company known as Nykaa formally known as FSN E-Commerce Ventures which is an acronym of her own name. Nayar is one of two self-made female Indian billionaires. Who started her own company Nykaa with her own Money.
Falguni Nayar Biography:
|Full Name||Falguni Sanjay Nayar|
|Famous For||Being the CEO of Nykaa|
|Date of Birth||19 February 1963 (Tuesday)|
|Age (as of2023)||60 Years|
|Net Worth||Falguni Nayar net worth is approximated to be around $4.5 billion.|
|School||The New Era School|
|College/University||University of Mumbai, IIM Ahmedabad|
|Educational Qualifications||B.Com, Post-Graduate Diploma in Management|
|Awards, Honours, Achievements||• FICCI Ladies Organization (FLO) Award|
• Woman Ahead Award: The Economic Times Start-Up
Her husband’s name is Sanjay Nayar, and he serves as the CEO of Kohlberg Kravis Robert India. The two of them first met while attending Business School, and they got married in 1987. Together, they have two children, Adwaita Nayar and Anchit Nayar, who are twins. Adwaita Nayar holds the position of CEO in Nykaa, a prominent fashion-wear company. On the other hand, Anchit leads the retail and e-commerce divisions.
|Name||Falguni Sanjay Nayar|
|Husband’s Name||Sanjay Nayar|
|Children’s Name||Adwaita Nayar and Anchit Nayar|
She finished her schooling at The New Era School. For her college and university education, she attended the University of Mumbai and IIM Ahmedabad. Nayar pursued a B.Com degree and a Post-Graduate Diploma in Management. Additionally, she studied at Sydenham College of Commerce & Economics.
In 1993, she began her career as an employee at Kotak Mahindra Group after leaving her consulting job at A.F. Ferguson & Co. During her tenure, she held roles such as Managing Director of Kotak Mahindra Investment Bank and Director at Kotak Securities, overseeing the bank’s Institutional Equity section in London and New York City. She dedicated 18 years to this role before resigning in 2012.
In April 2012, at the age of 50, she took a bold step and founded Nykaa, investing her own money ($2 million) into the venture. This move marked her as one of the two self-made female Indian billionaires, the other being Kiran Mazumdar-Shaw. By 2021, Nykaa’s valuation reached an impressive $13 billion. Nayar’s net worth surged to $7 billion, placing her among India’s top 20 wealthiest individuals.
Under her guidance, FSN E-Commerce Ventures, operating as Nykaa, has flourished. With a team of over 1600 individuals, Nykaa boasts a portfolio of 1500+ brands and operates across 68 stores in India. The company’s revenue soared to over Rs. 1200 crores in FY19, with projections to surpass Rs. 2000 crores in FY20.
Nayar’s achievements continue to grow as she has led Nykaa’s expansion into a beauty and lifestyle retail empire, leaving an indelible mark on the industry. Her net worth is estimated to be around $4.5 billion today.
Falguni Nayar’s net worth was estimated to be around $4.5 billion.
|Height (approx.)||in centimeters- 160 cm|
in meters- 1.6 m
in feet inches- 5’ 3”
|Weight (approx.)||in kilograms- 70 kg|
in pounds- 155 lbs
|Eye Colour||Light Brown|
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Being the CEO of Nykaa.
Her net worth is $4.5 billion.
The New Era School