About Falguna Nayar, The Founder of Startup Nykaa

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Falguni Sanjay Nayar

Falguni Sanjay Nayar (born 19 February 1963) is an Indian billionaire businesswoman,[3][4] who is the founder and CEO of the beauty and lifestyle retail company Nykaa, formally known as FSN E-Commerce Ventures which is an acronym of her own name.[5][6] Nayar is one of two self-made female Indian billionaires.

Early life and education

Nayar was born and raised in a Gujarati family in Mumbai, Maharashtra. Her father was a businessman and ran a small bearings company, assisted by her mother.[7][8] She is a graduate in B.Com from Sydenham College of Commerce and Economics and a postgraduate from the Indian Institute of Management Ahmedabad.


Nayar was born and raised in a Gujarati family in Mumbai, Maharashtra. Her father was a businessman and ran a small bearings company, assisted by her mother.[7][8] She is a graduate in B.Com from Sydenham College of Commerce and Economics and a postgraduate from the Indian Institute of Management Ahmedabad.

Personal life

Falguni Nayar married Sanjay Nayar in the year 1987, whom she met at business school. He is the CEO of Kohlberg Kravis Roberts India.[18][19][20][8] They have two children – Adwaita Nayar and Anchit Nayar; Adwaita is the CEO of Nykaa Fashion whereas Anchit heads the retail and e-commerce divisions

Founder of Startup Nykaa

Ms Nayar was born and raised to see her father run a small bearings company. At the age of 50, peaking in her career as the MD of Kotak Mahindra Capital, she took a leap of faith and quit the security and prospects of a comfortable future. She started Nykaa, an online retailer of beauty products, in the year 2012.

Nykaa has emerged as India’s leading beauty retailer playing a critical role in developing the beauty market in India.

Falguni Nayar Nykaa has now become a singular identity in the market. The brand’s association with its founder is deeply engraved everywhere and is a result of the passion she had for her dream. Nykaa, derived from Nayika, which means the actress of one’s life, is certainly the perfect name to beautify and inspire women at the same time. Kudos to the brand, and to the woman who never stops working and exceeds her own expectations.