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.
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Women’s Day 2024 Special: Meet 7 richest women in India and know their net worth – From Savitri Jindal to Falguni NayarThe 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 ...
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Quick commerce solution for different use cases, categories; not where Nykaa wants to jump in: CEO Falguni NayarQuick Commerce model is solving "very different" use cases and suited to broader product categories like groceries and items of daily use, Nykaa founder and CEO Falguni Nayar said, emphasising it ...
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 ...
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