by Major Events Of Falguni Nayar’s Life
- 1963: Falguni Nayar is born in Mumbai, India.
- 1985: Nayar graduates from the Sydenham Institute of Management Studies, Research and Entrepreneurship Education in Mumbai.
- 1985-2003: Nayar works as a consultant at the consulting firm A.F. Ferguson & Co. for over 18 years.
- 2003-2011: Nayar becomes the Managing Director of Kotak Mahindra Capital Company, where she works for another 18 years.
- 2012: Nayar leaves her job at Kotak Mahindra to start her own business and founds Nykaa, an e-commerce platform for beauty and wellness products.
- 2015: Nykaa launches its own line of beauty products, under the brand name Nykaa Cosmetics.
- 2016: Nykaa raises $12.7 million in funding from various investors, including private equity firm TVS Capital.
- 2017: Nykaa raises $24 million in funding from various investors, including private equity firm Sunil Munjal’s family office, and expands its product range to include fashion and apparel.
- 2018: Nykaa raises $14 million in funding from various investors, including Hero MotoCorp Chairman Pawan Munjal’s family office, and launches its own fashion label, Nykaa Fashion.
- 2019: Nykaa raises $14 million in funding from various investors, including Steadview Capital, and becomes a unicorn, valued at over $1 billion.
- 2020: Nykaa expands its retail presence by opening its first physical store in Mumbai and raising $13.6 million in funding from various investors, including private equity firm TPG Growth.
- 2021: Nykaa files for an initial public offering (IPO) and becomes the first Indian e-commerce company to go public, raising $657 million in its IPO.
Falguni Nayar is an Indian businesswoman and the founder of Nykaa, an e-commerce platform for beauty and wellness products. She has been recognized as one of the most influential women in the Indian business world, and her story is an inspiration to many aspiring entrepreneurs.
Throughout her career, Nayar has been recognized for her contributions to the business world and society. She has received several awards, including the Economic Times Awards for Corporate Excellence Entrepreneur of the Year award in 2017 and the Forbes India W-Power Trailblazers award in 2020. She has also been named one of the most powerful women in business by Fortune India and Forbes India.
