How Nykaa’s Falguni Nayar became India’s newest billionaire and richest self-made woman

Nov 13, 2021 | INVESTING

Falguni Nayar, an investment banker turned entrepreneur, has become India’s newest billionaire after floating her beauty and fashion company on the Mumbai stock exchange.FSN, the parent company of her Nykaa brand, hit a valuation of US$13.5 billion in the first five minutes of trade on Wednesday, taking Nayar’s net worth to almost US$7 billion.Not only did that catapult the 58-year-old onto the list of the country’s 20 wealthiest people, it also made her India’s richest self-made female,…

Read More

Pin It on Pinterest