Nykaa's Falguni Nayar Has Become The Richest Self-Made Woman in India || Some Information about Falguni Nayar and Nykaa || 2021 ||

NYKAA'S FALGUNI NAYAR HAS BECOME THE RICHEST SELF-MADE WOMAN IN INDIA :

      Falguni Nayar has become the richest self-reliant woman in India. The Bloomberg Billionaires Index has released this report. She is the founder and CEO of the famous beauty e-commerce brand "Nykaa". She owns half of "Nykaa", founded the "Nykaa" brand in 2021 and previously led a top Indian investment bank.

      Falguni Nayar's assets now stand at about USD 6.5 billion, as shares of the firm have risen 89 percent when they opened business on Wednesday, November 10. When Falguni Nayar founded "Nykaa", most Indian women had used to buy makeup and hair care products from the nearby mom-and-pop stores. These mom-and-pop stores had few selection options and trials were not possible. Since then, the startup has grown into one of the country's leading beauty retailers. Company "Nykaa" is boosting online sales through demo videos of Bollywood actors and celebrities and more than 70 brick-and-mortar stores, here, according to all skin colors, from lipstick to nail color, are available in all price ranges. She has become the seventh member to join the Indian Women's Billionaires' Club, making her the richest woman in India.

SPECIAL NOTES FOR ASPIRANTS :

• Falguni Nayar was born on February 1963 in Mumbai.

• She is a graduate from Sydenham College of Commerce and Economics.

• The "Nykaa" brand has a net income of Rs 61 crore at present.

• "Nykaa" is headquartered in Mumbai.

• As of 2021, "Nykaa" has more than 2000 employees.