THE BRAIN BECKONING INDIA’S BEAUTY BUSINESS
Falguni Nayar, the founder and showrunner of Nykaa, one of India’s biggest online fashion and lifestyle portal, is one of the few Indian woman entrepreneurs who stormed the Indian e-commerce industry with her sheer brilliance. At the age of 49, this ace banker turned into a founder of a beauty brand that leapfrogged its way to the unicorn club with a valuation of over $1.2 billion. Thus, shattering the beliefs of early successes and inspiring an army to pursue their passion despite the barriers of age, position or gender. Headed by this dynamic force, Nykaa, today, commands more than 40% percent of the online beauty market in India with 1500+ premium brands in its catalogue.
Nayar is also buckling up to expand the retail footmark of this brand by opening 180-200 new stores across India by 2023. This daring dreamer has received many accolades throughout her career. She was honoured with the ‘Woman Ahead’ award in 2017 and the ‘Businesswoman of the Year’ in 2019, by the Economic Times. She was also listed as one of Asia’s Power Businesswomen 2019 by Forbes Asia and named Businessperson of the Year 2019 by Vogue India.
As the empress herself says, she is an adventurer and she thrives in uncertain situations. The fear of failure has ever been a leash on her dreams, it is rather, the kick that makes her go hard and fast. An inspiration to every woman of this nation, Falguni Nayak’s story of dream and dare makes a woman believe that life can begin in 20s, 30s, 40s or even 50s… There are no eligibility bars on success!