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{{Short description|Indian businesswoman (born 1963)}}

{{Infobox person
| name = Falguni Nayar
| image =
| birth_date = {{Birth date and age|1963|02|19|df=yes}}<ref>{{cite web|url=https://www.leaderbiography.com/falguni-nayar/|date=26 July 2018|publisher=Leaderbiography.com|access-date=30 April 2021|title=Bio}}</ref>
| birth_place = [[Mumbai|Bombay]], [[Maharashtra]], India
| nationality = [[Indian people|Indian]]
| alma_mater = {{Unbulleted_list|[[Sydenham College of Commerce and Economics|Sydenham College of Commerce and Economics, Mumbai]]|[[Indian Institute of Management Ahmedabad]]}}
| education = [[Master of Business Administration|MBA Finance]]
| occupation = [[Organizational founder|Founder]] & [[Chief executive officer|CEO]] of [[Nykaa]]
| years_active = 1985–present
| spouse = {{Marriage|Sanjay Nayar|1987}}
| children = 2
}}

'''Falguni Nayar''' (born 19 February 1963) is an Indian [[businesswoman]] and billionaire who<ref>{{Cite web|date=2017-06-08|title=Nykaa clocks Rs 214 cr revenue in 2016-17|url=https://www.financialexpress.com/industry/nykaa-clocks-rs-214-cr-revenue-in-2016-17/708190/|access-date=2021-04-16|website=The Financial Express|language=en-US}}</ref><ref>{{Cite web|last=Bhandari|first=Shashwat|date=2020-03-08|title=International Women's Day: Top 5 women ruling world of business|url=https://www.indiatvnews.com/business/news-international-womens-day-top-5-women-ruling-world-of-business-596255|access-date=2021-04-16|website=www.indiatvnews.com|language=en}}</ref> is the founder and CEO of the beauty and lifestyle retail company [[Nykaa]].<ref>{{Cite web|last=Suneera Tandon|first=qz com|title=How online retailer Nykaa became the byword for top-end beauty products in India|url=https://scroll.in/article/853963/how-online-retailer-nykaa-became-the-byword-for-top-end-beauty-products-in-india|access-date=2021-04-16|website=Scroll.in|language=en-US}}</ref><ref>{{Cite web|last1=An|last2=J|last3=Jun 27|first3=Shalina Pillai {{!}} TNN {{!}}|last4=2017|last5=Ist|first5=15:52|title=For any business, the first year is a honeymoon period: Nykaa founder Falguni Nayar - Times of India|url=https://timesofindia.indiatimes.com/people/for-any-business-the-first-year-is-a-honeymoon-period/articleshow/59335984.cms|access-date=2021-04-16|website=The Times of India|language=en}}</ref> Nayar is one of two self-made female, Indian billionaires. Nayar is now wealthiest female Indian billionaire with her estimated wealth to the tune of $6.5 billion, after recent listings, and in the top 20 richest people of India.

== Early life and education ==
Nayar was born and raised in a [[Gujarati people|Gujarati]] family in Mumbai, Maharashtra.<ref>{{Cite web|title=Success story of Falguni Nayar – Glow & Lovely Careers|url=https://www.glowandlovelycareers.in/blog/beautyful-success-story-falguni-nayar-ceo-nykaa-78|access-date=2021-10-11|language=en-US}}</ref><ref name="Kapur">{{Cite web|last=Kapur|first=Mallika|date=2017-03-24|title=Falguni Nayar: The beauty entrepreneur|url=https://www.livemint.com/Leisure/EMOmjllb5hPv8Se8T62ZaK/Falguni-Nayar-The-beauty-entrepreneur.html|access-date=2021-11-10|website=mint|language=en}}</ref> She is a graduate from [[Sydenham College of Commerce and Economics]] and a postgraduate from the [[Indian Institute of Management Ahmedabad]].<ref>{{Cite web|last=Kapur|first=Mallika|date=2017-03-24|title=Falguni Nayar: The beauty entrepreneur|url=https://www.livemint.com/Leisure/EMOmjllb5hPv8Se8T62ZaK/Falguni-Nayar-The-beauty-entrepreneur.html|access-date=2021-04-16|website=mint|language=en}}</ref>

== Career ==
In 1993, Nayar joined [[Kotak Mahindra Bank|Kotak Mahindra Group]] for 19 years. In 2005, she was appointed as a managing director and exited in 2012.<ref>{{Cite web|date=2015-11-06|title=Giving advice on beauty is best way to sell beauty products, says Falguni Nayar, Nykaa-Business News , Firstpost|url=https://www.firstpost.com/business/giving-advice-on-beauty-is-best-way-to-sell-beauty-products-says-falguni-nayar-nykaa-2497818.html|access-date=2021-07-02|website=Firstpost}}</ref><ref>{{Cite web|last=Kazi|first=Zainab S.|date=2016-11-02|title=E-beauty space leader Nykaa to open 30 stores by 2020|url=https://www.indiaretailing.com/2016/11/02/beauty-and-wellness/e-beauty-space-leader-nykaa-to-open-30-stores-by-2020/|access-date=2021-07-02|website=Indiaretailing.com|language=en-US}}</ref>

In April 2012, at the age of 50,<ref>{{Cite web|date=2017-03-08|title=Get A Glimpse Into The Mind Of Falguni Nayar, The Woman Behind The Force That Is Nykaa|url=https://www.idiva.com/career/advice/get-a-glimpse-into-the-mind-of-falguni-nayar-the-woman-behind-the-force-that-is-nykaa/17030893|access-date=2021-04-16|website=iDiva|language=en-IN}}</ref> she founded Nykaa with $2 million of her own money.<ref name=":0">{{Cite web|last=Raghunathan|first=Anu|title=Beauty Retailer Nykaa Lists At $13 Billion, Making Founder Falguni Nayar India’s Richest Self-Made Woman|url=https://www.forbes.com/sites/anuraghunathan/2021/11/10/beauty-retailer-nykaa-lists-at-13-billion-making-founder-falguni-nayar-indias-richest-self-made-woman/|access-date=2021-11-10|website=Forbes|language=en}}</ref> Nykaa was worth $2.3 billion as of 2021 bringing Nayar's fortune to an estimated $1.1 billion. Nayar is one of 2 self-made female Indian billionaires, the other being [[Kiran Mazumdar-Shaw]].<ref>{{Cite web|last=Nast|first=Condé|date=2021-10-28|title=Nykaa owner billionaire Falguni Nayar is all set to triple her net worth to an estimated Rs 28,000 crore|url=https://www.gqindia.com/get-smart/content/nykaa-owner-net-worth-billionaire-falguna-nayar-is-all-triple-her-net-worth-to-an-estimated-rs-28000-crore|access-date=2021-11-08|website=GQ India|language=en-IN}}</ref><ref>{{cite web |title=Nykaa founder Falguni Nayar's beauty startup jolts her into the ranks of the world's richest |url=https://www.bizzbuzz.news/markets/falguni-nayars-beauty-startup-jolts-her-into-the-ranks-of-the-worlds-richest-1070329 |website=Bizz Buzz News}}</ref> Nykaa listed at $13 billion on Nov 10 2021 making Nayar India's richest self-made woman and is now among India's top 20 richest people.<ref name=":0" /><ref>{{Cite news|last=Singh|first=Tushar Deep|title=Who is Falguni Nayar, India's richest self-made woman?|work=The Economic Times|url=https://economictimes.indiatimes.com/tech/startups/who-is-falguni-nayar-indias-richest-self-made-woman/articleshow/87629451.cms|access-date=2021-11-10}}</ref>

== Personal life ==
Falguni hails from a [[Gujarati people|Gujarati]] family, but was born and brought up in [[Mumbai]]. Her father was a businessman and ran a small bearings company, assisted by her mother.<ref name="Kapur"/> She married Sanjay Nayar in the year 1987, whom she met at business school.<ref name="Kapur"/><ref>{{Cite web|last=Chowdhry|first=Tamal Bandyopadhyay and Seema|date=2008-02-09|title=The power of 2|url=https://www.livemint.com/Leisure/2wSP9oZ1d0GogZz8eGPDyL/The-power-of-2.html|access-date=2021-07-02|website=mint|language=en}}</ref><ref>{{Cite web|last=crazibrains|title=Falguni Nayar: The Woman Behind Nykaa|url=https://thenewsmen.co.in/high%20flyers/falguni-nayar-the-woman-behind-nykaa/27432|access-date=2021-07-02|website=thenewsmen}}</ref>

== References ==
{{Reflist}}

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{{DEFAULTSORT:Nayar, Falguni}}
[[Category:Living people]]
[[Category:Indian businesspeople]]
[[Category:Indian business executives]]
[[Category:1963 births]]

Falguni Nayar - Revision history

CleanupBot at 11:43, 11 January 2022