Falguni Nayar has become the new name in the world of entrepreneurship in the Indian market. She is the co-founder of the group Nykaa which has almost doubled in its listing on Wednesday. Her stakes in the family have increased by over 6.5 billion USD. She is one of the richest entrepreneurs in India right now and definitely, first of many women who have made a mark in this field.
She has come through a very grueling journey in order to establish her name in the world of entrepreneurship. The 58-year-old lady is now among the richest in the world due to her own efforts and struggle.
Success In A Business Environment
Falguni Nayar was born in an environment which had given her the necessary information in banking and business. Her mother was also a part of a very large business and trading world that was very familiar to young Falguni. The young woman went to the Indian Institute of Management in Ahmedabad. She met her husband at business school. Her husband is the Indian chairman of KKR and Co.
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In 1993, Falguni went on to make her mark to be a part of the Kotak Mahindra family. She had spent 19 long years in different types of roles in the same family. Leaving Kotak Mahindra in 2012 was one of the toughest things that she had to do.
Launching Nykaa In 2012
After launching Nykaa in 2012, Falguni Nayar found out that it is not easy to sustain in the world of make-up and fashion. The company has started with only 60 daily orders. Falguni has informed that they desired to focus more on customer satisfaction rather than going into the mass delivery issues.
The entrepreneur was able to work on the company well because her twin children were already off to the US for further studies. The business has now become a part of the family where her son and daughter both lend a hand.
Falguni Nayar, Setting History
Falguni Nayar is indeed an inspiration to all of the entrepreneurs who are beginning their steps in the market. She is a force of motivation and she has already achieved a lot. It is quite clear that Nykaa will be going on long journeys together for a better run!
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