Hello friends, in today’s article we are going to talk to you about Falguni Nayar’s Success Story, the founder of Nykaa.Com. The story of Falguni Nair is the story of every woman who has proved to this male-dominated society time and again that today’s women are walking shoulder to shoulder with men not only in every other family but also in business and making progress. Let us know about the founder of Nykaa.Com.
Falguni Nair’s Family and Early Life Story:
Falguni Nair was born on 19 February 1963 in a Gujarati family in the city of Mumbai, Maharashtra state. Her father had his own bearing company. She completed her early education at The New Era School. After completing his intermediate, she graduated in commerce stream and then completed his master’s degree from IIM Ahmedabad. After completing her studies there, in May 1987 she married Sanjay Nair, who also studied at IIM Ahmedabad. Her son’s name is Anchit Nair and his daughter’s name is Adweta Nair.
Story of Falguni Nair quitting their job to start her business:
After completing her education, Falguni Nair worked at Kotak Mahindra Capital Company for 18 consecutive years from investment banker to capital investment managing director. Everything was good, had a good job, but somewhere she was not happy with her work. Her dream was to make a mark in the world by doing something different for herself. With this zeal and passion, she left the job in the year 2012 at the age of 50.
Story of Falguni Nair who started Nykaa.Com
Falguni Nair decided to do something after leaving the job, but he did not have enough money to start a business of his own. Still, she dared and started Nykaa.com Beauty E-Commerce Ventures Pvt Ltd in the year 2012. Despite all odds, she decided to make a mark in the beauty and wellness sector, with several local and international brands like Sephora, etc. already selling their products. They worked hard day and night and today Nykaa.Com has become a well-known brand in the beauty and wellness sector.
Today Nykaa.Com has around 40,000 products from 400 brands like Lakme, Kaya Skin Clinic, L’Oreal Paris, etc. Not only this, but in today’s time, Nykaa’s stores have opened in many places in the country. According to the information of Forbes, more than 45 million visitors come to Nykaa.Com’s website and app every month. Nykaa.Com has so far raised funds from companies like Harsh Mariwala, Sunil Munjal, Jiya Modi, TVS Shriram Growth Fund, Max Group, and TPG Growth to further grow its business.
More information about Falguni Nair
In 2017, Business Today named Falguni Nair, the founder, and CEO of Nykaa.Com, as one of the most powerful women in the country.
In the year 2017, Falguni Nair, Founder and CEO of Nykaa.Com also won the ‘Women Ahead’ award at the Economic Times Startup Awards 2017.
Today she is the owner of the entire property worth Rs 1300 crores and she and her family hold more than 50 percent shares of Nykaa.
I hope that you will like our article related to this Nykaa.Com Founder Falguni Nair’s Success Story.