Nykaa founder Falguni Nayar

Photo: Business Standard

Falguni Nayar Becomes India's Wealthiest Female 'Self-Made' Billionaire: Nykaa

Falguni Nayar, the founder of the beauty and fashion retailer Nykaa, on November 10 became India's wealthiest female self-made billionaire as per Bloomberg Billionaires Index. The market cap of the company also hit an overall valuation of $1 trillion on listing in the market on the same day. The 49-year-old founder started the venture in 2012 after quitting her job as the Managing Director of Kotak Investment Banking.

Wed, 10 Nov 2021 - 05:47 PM / by Brijesh Goswami

Tags: Nykaa, Investment Banker, Billionaire, Bloomberg, IPO

Courtesy: The Quint