Falguni Nayar Biography, Zodiac, Age, Net Worth, Interesting Facts

To know more about Falguni Nayar’s Age, Family, Biography, Relationships, and Career. Keep reading more to get interesting facts about Falguni Nayar.

Profile Summary

Biography

Falguni Nayar is a well-known businesswoman and successful entrepreneur from India who works in the cosmetics and beauty sector. She is the founder and CEO of Nykaa one of India's top online retailers of cosmetics and personal care items.

Nykaa has become one of the most prosperous e-commerce platforms in India thanks to Nayar's entrepreneurial energy and commercial savvy. The business has won numerous honors and commendations over the years for its creative business strategy and marketing tactics.

Nayar's accomplishments and success have made her an inspiration to other young business people in India and all around the world. She has shown that it is possible to start a profitable business and have a beneficial impact on the world with tenacity and a clear vision.

Age & Zodiac

Falguni Nayar was born on February 19 1963 in Mumbai Maharashtra. She is 60 years old as of 2023. Her zodiac sign is Aquarius.

Education

Falguni is a graduate in B.Com. from Sydenham College of Commerce and Economics and a postgraduate from the Indian Institute of Management Ahmedabad.

Family

Falguni was born and raised in Mumbai Maharashtra in a Gujarati family. Her mother helped her businessman father run a modest bearings company.In 1987 Falguni Nayar married Sanjay Nayar whom she had met while attending business school. He leads Kohlberg Kravis Roberts India as CEO. Adwaita Nayar the CEO of Nykaa Fashion and Anchit Nayar who oversees the retail and e-commerce businesses are their two children.

Struggles

Initially Falguni had to face many issues. She left her job of 20 years in 2012 took a big risk and started Nykaa. She hired three people when she first launched her business out of her father's little office. 

The business encountered many difficulties in its early years. When they reached 100 orders their website would immediately fail bringing the entire system to a halt. The demand began to rise in 2013. 

The daughter of Nayar also left her position and joined Nykaa. She started from nothing and established an entire empire through perseverance and hard work.

Career

Nayar began a 19-year tenure with the Kotak Mahindra Group in 1993. She was appointed managing director in 2005 and left her position in 2012.She started Nykaa in April 2012 at the age of 50 with $2 million of her own funds.

By 2021 Nykaa's value had increased to $2.3 billion boosting Nayar's net worth to an estimated $1.1 billion. One of two self-made female billionaires in India along with Kiran Mazumdar-Shaw is Nayar. On November 10 2021 Nykaa went public with a valuation of $13 billion. 

Nayar's net worth increased to $6.5 billion shortly after Nykaa went public making her the richest woman in India and propelling her into the top 20 Indians by net worth. Nayar debuted in Forbes India in 2022.

Networth

In July 2022 Falguni Nayar surpassed the net worth of Biocon’s Kiran Mazumdar Shaw. Now Falguni Nayar is the wealthiest self-made woman in India with a net worth of INR 57 520 crore.

Interesting facts

• Nayar founded Nykaa in 2012 and the company has since become one of the leading online retailers of beauty products in India.
• Nayar has been recognized for her business acumen and was named one of Fortune’s “Most Powerful Women Entrepreneurs” in 2016.
• In addition to her work with Nykaa Nayar is also a board member of the Mumbai Angels an angel investment group and a member of the Indian School of Business’ Board of Governors.
• In her spare time Nayar enjoys traveling and exploring different cultures. She is also a keen reader and enjoys books on business leadership and personal development.