An ex-banker invested $2 million to get her beauty startup off the ground and is now the richest self-made woman in India after going public

makeup on bathroom counter
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  • India-based e-commerce beauty platform Nykaa soared in its public debut.
  • Its founder, Falguni Nayar, became India’s richest self-made woman after the IPO.
  • Nayar invested $2 million in the company when she first launched it after leaving her investment banking job.

Falguni Nayar


Beauty Retailer Nykaa Lists At $13 Billion, Making Founder Falguni Nayar India’s Richest Self-Made Woman

Veteran investment banker-turned-entrepreneur Falguni