CEO Of Nykaa, Falguni Nayar

Falguni Nayar, a past supervising boss at Kotak Mahindra Capital Company, set up Nykaa in 2012. It was dispatched as an online business passage curating an extent of greatness and prosperity. The brand name Nykaa is derived from the Sanskrit word nayaka, implying ‘one at the focal point of consideration’. In 2015, the association stretched out from online-just to an omnichannel model and began selling plan things.

Nayar showed the world that age is just a number with the punch with which she controlled her imaginative undertaking, making and running viably both her online business in eminence things and genuine stores. The brand is as of now all-amazing in the circle of wellbeing and greatness. Nykaa is right now also opening its excess stores (Nykaa Luxury) at head areas.

Nayar’s tendencies territory past business. She is a setting up individual from the Asia Society in India. She is on a couple of corporate sheets, including the Aviva Insurance Board and Dabur India. She fills in as a free individual from the main assortment of Tata Motors. Just as being a productive calling woman and home-maker, Nayar is a wellspring of inspiration to every person from her young and continually creating gatherings. Her careful attention, consideration in each piece of her firm and energy for business are attributes that make her an unprecedented pioneer.

Since 2012, Nykaa has gathered pledges through various rounds of financing. In March 2020, it raised INR 100 crore from Steadview Capital, likewise making it a unicorn startup valued at US$ 1.2 billion. This was followed by another tranche of INR 67 crore sponsored by Steadview in May 2020. In October 2020, Bollywood performers Alia Bhatt and Katrina Kaif put undisclosed holes in the association through discretionary financing. In November before long, overall asset the heads firm Fidelity put assets into the association through an assistant proposal of offers from a current worth monetary supporter.