Falguni Nayar Biography – Wiki, Bio, Husband, Nykaa, Net Worth, and More
Falguni Nayar Biography – Friends, in today’s article we will talk about Falguni Nayar, the richest self-made woman in India and the founder of Nykaa. The story of Falguni Nair is an example in front of millions of women in the country, who want to achieve something in the field of business. Falguni Nair has scripted a new success story through Nayaka, one of India’s largest online fashion and lifestyle portals.
Friends, in today’s article we will know who is Falguni Nair?, How Falguni Nayar Started Her Business?, Who is Falguni Nair’s Husband? Also, we look at Falguni Nair’s success story, Falguni Nair Family, Falguni Nair’s Education, and Falguni Nair career including other things. So let’s start the biography of Falguni Nair.
Falguni Nayar Biography
Friends Falguni Nair was born on 19 February 1963 in Mayanagari Mumbai. Falguni Nair’s father is Gujarati and he used to do business of bearings, while his mother also helped in his father’s business.
Falguni Nayar Family
Falguni Nair’s husband’s name is Sanjay Nayar. Falguni Nayar and Sanjay Nayar were married in May 1987. Falguni Nair and Sanjay Nair have two twins. His son’s name is Ankit Nair and his daughter’s name is Advita Nair.
Falguni Nayar Education
After completing her schooling, Falguni Nayar completed her graduation from Sydenham College of Commerce. After this Falguni Nair did her post-graduation from the Indian Institute of Management Ahmedabad.
Falguni Nayar Career
Falguni Nair started his career in the year 1985 with A F Ferguson and Co. Was in the company as a consultant. After this Falguni Nair joined Kotak Mahindra Group in the year 1993. Later on, Falguni Nair also became the Managing Director of Kotak Mahindra Group. However, in the year 2012, Falguni Nair resigned from this post to do business.
The success story of Nykaa
Nykaa is one such cosmetic brand, which does not need any identity. In today’s time, the Nykaa website not only offers beauty and cosmetic products from well-known brands at affordable prices, but Nyka itself also makes beauty products and sells them through its online and offline stores. On hearing the name Nykaa, many types of cosmetic products come to mind. But do you know about Falguni Nair, the founder of this company? She is a woman who has become an inspiration to millions of other women. After starting this startup on her own, today she has become a self-made millionaire woman in the country. So today we are telling you about Falguni Nair and his success story-
In the year 2012, buying and selling of online products were not so much in the country, but Falguni Nair noticed that people do not get the same shop for all the brands. So Falguni Nair decided to sell cosmetics products online. However, the biggest problem in front of her here was that she neither had much knowledge of the beauty industry nor the e-commerce industry.
Although Falguni Nair courageously started ‘Nayka’ in the year 2012. Nayka is a Sanskrit word. The meaning of Nykaa is the woman who lives in the spotlight. Falguni Nair had to face a lot of problems at the beginning of ‘Nayka’. In the first four years, three of his chief technology officers resigned. In such a situation, she used to see all the orders herself in the beginning. Apart from this, Falguni Nair had to work hard for investment as well.
Falguni Nair belongs to a business family, so she did not give up and fought hard for the success of Nayaka. In the year 2014, an initial investment of about Rs 7 crore was received from Sequoia Capital India. After this, gradually many people invested in ‘Nayaka’. Katrina Kaif and Alia Bhatt have also invested money in Nykaa. It is a miracle of Falguni Nair’s hard work that ‘Nayaka’ has got the funding of about Rs 2,545 crore so far.
Starting in the year 2012, ‘Nayka’ has today emerged as the largest online platform for cosmetics products in the country.