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India has always been a country of entrepreneurs. If we look at the history from the Indus Valley Civilization to the British rule, this soil has always been the center of the world's trade. Not only this, the industrialists here have brightened the business by going abroad or by becoming the CEO of a company, it has taken it to a new level in the world. Now a woman industrialist has also joined this league. Industrialists like Mukesh Ambani and Ratan Tata are also left behind in front of the startups started by them. Let's know his story…
This is the story of Falguni Nair, the founder of 'Nyaka', who is currently the executive chairperson, MD and CEO of the company. His brand 'Nykaa', which works in the cosmetics sector, is one of the biggest brands in the country today. The condition is that his brand is giving a tough challenge to Tata Group's cosmetic e-retailing site 'Tata Click' and Mukesh Ambani's beauty brand 'Tira'.^
Richest female CEO
According to Forbes' Real Time Rich List, Falguni Nair's name is included in India's 13 billionaire women entrepreneurs. However, she is the only CEO business woman to have a direct role in the company's decision making. In this way she is the richest woman CEO of the country. His net worth is $ 2.5 billion (about Rs 20,700 crore).
Started business at the age of 50
If Falguni Nair has achieved this success by starting business at a young age, then it is not so. She has studied from IIM-Ahmedabad. He worked in the investment banking and broking sector for about 20 years, after that, approaching the age of 50, he felt like starting his own business. This is how he laid the foundation of Nykaa. From 2021 to today in 2023 when she has touched the age of 60, she is one of the most successful business women in the country.
Nayaka's sting across the country
Falguni Nair's Nykaa brand does e-retailing of cosmetics. But this brand is not limited to e-commerce sites only. It makes about 35,000 products of its own. The company has partnered with celebrities and other influencers to build an ecosystem of around 800 curated brands. At the same time, the company also runs 17 stores across the country.
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