Here is how Nykaa company and owner falguni Nayar net worth $9 billion.
Nykaa is an e-Commerce platform for different beauty and wellness products for men and women. They also offer comprehensive content including product reviews, beauty how-to videos, articles by experts, and an e-beauty magazine.
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Nykaa company founder falguni Nayar net worth profile :
- Nykaa was founded in – 2012
- Founder – Falguni Nayar
- company headquartered – in Mumbai, Maharashtra, India.
| Company | Nykaa |
| Headquarters | Mumbai, Maharashtra, India |
| Industry | Cosmetics, Beauty, Online shopping |
| Founder | Falguni Nayar |
| Founded | 2012 |
| Valuation | $ 8 Billion |
| Parent Organization | FSN E-Commerce Ventures Ltd. |
| Website | nykaa.com |
Nykaa company founder :
is the founder of Nykaa, which presently stands as one of India’s biggest lifestyle and fashion portal. Nayar was a student of IIM Ahmedabad from where she completed her MBA in Finance. She joined Kotak Mahindra Capital Company, a leading investment bank of India soon after turning into a graduate. Nayar Managing Director of the same division of the bank in 2005. She served the bank for 18 long years after which resigned in order to dedicatedly follow her entrepreneurial dream: Nykaa.com.
Nayar is also recognized as a Founding Member of the Asia Society in India. She has her name listed on numerous boards, including the Aviva Insurance Board, Dabur India, along with serving as an Independent Member on the Tata Motors Board. Being a successful entrepreneur as well as a responsible homemaker, Falguni is a source of inspiration to everyone in Nykaa and beyond. Falguni’s passion for her business, attention to detail, and involvement in every aspect of the firm can be defined as some of the qualities that had made her a great leader. She has also set a big example for the entire world and validated the saying, “age is just a number” when it comes to entrepreneurship.
Falguni has been the recipient of tons of accolades throughout her career including the FICCI Ladies Organization (FLO) award for the top woman achiever in the field of banking and the Business Today award, which hailed her as one of the top 25 women in business. Nykaa company founder falguni Nayar net worth
“Retail is all about detail” is one of the most popular mantras that Falguni Nayar lives by and is often heard propagating the same. Nykaa company owner & net worth $4B and its IPO opens on October 28
– Funding :
| Date | Round | Amount | Investors |
|---|---|---|---|
| April 2018 | Series D | $10 million | – |
| May 2018 | Series D | $22 million | – |
| April 2019 | Series E | $13 Mn | TPG Growth |
| March 2020 | Series F | $14 Mn | Steadview Capital |
| May 2020 | Series F | $9 mn | Steadview Capital |
| June 2020 | Series F | $196 mn | Hero Group’s Sunil Kant Munjal |
Nykaa – Latest News IPO funding details :
Retail, Department Stores, Shopping Centers & Superstores.
Shares in the Nykaa IPO, which will be a mix of fresh stock and an offer for sale, will be issued in a price band of Rs 1,085-1,125 apiece to raise as much as 5,352 crores at a valuation of $7.4 billion. While the primary issue is worth as much as Rs 630 crore, the offer for sale will see existing shareholders offload up to 43.11 million shares, according to the company’s draft red herring prospectus (DRHP) approved by the Securities and Exchange Board of India (SEBI).
Falguni Nayar has emerged as India’s richest self-made woman billionaire after the blockbuster listing of her near decade-old startup Nykaa NSE -3.53 %.
Shares of FSN E-commerce Ventures Ltd., the parent entity of Nykaa, rose as much as 89% over its IPO price on Wednesday, ascribing India’s biggest cosmetics etailer a market cap of nearly $13 billion. Nayar, who along with family trusts owns more than half of the company, now has Nykaa company owner falguni Nayar & net worth $9 billion & IPO funding. Nykaa company founder falguni Nayar net worth