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Know Your Women Leaders – Falguni Nayar


Giving up a secure job to pursue one’s passion has always been deemed risky and unnecessary. However, it has been proved time and again that success is achieved only by those people who embrace risks. They think big enough to side-step and live through those risks. Falguni Nayar – the charismatic founder and CEO of the beauty giant, Nykaa, proved exactly this to all those who criticized her idea and tried hard to become obstacles in her path to entrepreneurial success, establishing  beyond a doubt that age and gender have no power against will and determination.


The Leap of Faith

Falguni Nayar hails from a Gujarati family and grew up in Mumbai. Her father was a successful businessman himself. Hence, the attraction towards running her own business had always prevailed in her heart.

After graduation from IIM A, Nayar joined the famed Kotak Mahindra group as an investment banker. In the year 2005, she took over the post of the Managing Director in the company and led the company to great success until 2012.

Eventually, her love for make up and entrepreneurship merged together gave birth to Nykaa.

It was in the year 2012 that she gave up her cushy job at the Kotak Mahindra group.

She then established the first-ever E-commerce, multi-brand retailer for all things beauty and self-care in India. And hence, the beauty magnate, Nykaa, was born.

Born out of the sheer will, determination, and hard work of a single woman with an unadulterated passion for bringing the best of beauty and self-care to the fellow women of her country.


The Success Story

Today, Nykaa proudly boasts of 850+ curated brands and 35,000 products. These are from premium companies such as Lakmé, Kaya Skin Clinic, L’Oréal Paris, etc. in the domain of skincare, wellness, and beauty.

It has made its offline presence felt with 17 stores all across the country With more walk-in stores on the way.

Nayar stresses the need for women to come out of their shells and be confident about handling both professional and personal lives with equal panache. She says that if a woman with strong determination and will power aims to do something, she will definitely achieve it. In the world and day when makeup was severely criticized, Falguni Nayar managed to be the revolution that Nykaa symbolizes.


Atreyee Chakraborty