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The Entrepreneur of the year in India 2021

 Only Buziness

The Entrepreneur of the year in India 2021

 Madam Falguni Nayar


She is the founder and CEO of Nykaa

In 1993, Nayar left her position as a consultant at A. F. Ferguson & Co. to join Kotak Mahindra Group. She started her as the head of the mergers and acquisitions (M&A) team at Kotak Mahindra and then opened institutional equities operations in New York City and London. 2001 saw her go back to India. She was named director of Kotak Securities, the institutional equities division, and managing director of Kotak Mahindra Capital, the investment banking division, in 2005. In 2012, she left her position.

Using $2 million of her personal funds, she launched Nykaa in April 2012, at the age of 50. As of 2021, Nykaa was valued at $2.3 billion, increasing Nayar's estimated wealth to $1.1 billion.


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