Who is Falguni Nayar? India’s wealthiest self-made female billionaire: Falguni Nayar’s beauty startup, Nyakaa has ranked her to the ranks of the world’s richest. Nayar, who owns about half ...

Nykaa’s founder and chief executive Falguni Nayar has become India’s wealthiest self-made female billionaire after the beauty ecommerce brand’s successful initial public offering (IPO).

Nayar now hopes to take advantage of India's expanding beauty market, growing at around 11% a year. Nykaa generated around $760 million in revenue for fiscal 2024, a 24% jump.

The net worth of Falguni Nayar is nearly four times higher than that of Vijay Shekhar Sharma. Paytm’s Vijay Shekhar Sharma has gone down 1,000 ranks in the Forbes Billionaires list in the last year.

The top 7 richest women in India, as per Forbes are Savitri Jindal, Rohiqa Cyrus Mistry, Rekha Jhunjhunwala, Vinod Gupta, Smita Crishna-Godrej, Leena Tewari, and Falguni Nayar. These self-made ...

The exits include that of Chief Marketing Officer Shalini Raghavan, with Nykaa's founder and CEO Falguni Nayar stepping up to take direct oversight of that function, given its criticality ...