Falguni Nayar is from Mumbai, India and first started out as an investment banker. She has been in banking for 18 years where she learned all the management and strategy skills from many of the large banks in the investment world, which gave her a foundation to build her own business.

The Creation of Nykaa

Nykaa was launched by Falguni Nayar in 2012. It is an e-commerce company in India, providing customers with beauty and wellness products online. The goal of Nykaa was to give people access to trustworthy suppliers of cosmetics, skin care, and personal care products all in one location. By providing a wide selection of products, having honest reviews from customers, and providing excellent customer service, Nykaa built a strong following from its customers early on.

Challenges and Growth

When Falguni started Nykaa, launching an e-commerce platform was going to be challenging because of the intense competition within the Indian market. To make the business successful, she focused on forging relationships with suppliers, developing technology that was user-friendly, and creating a brand that would appeal to the Indian consumer. Over time Nykaa has evolved from being just an online store to having physical locations making Nykaa the leading beauty retailer in both online and offline channels in the Indian market.

Falguni Nayar’s Wealth

Falguni Nayar established Nykaa, earning her status as India’s first female billionaire through her success and the growth of Nykaa from the increasing global beauty industry. In 2025, she was estimated to be worth $4.5 Billion and is recognized as the youngest female billionaire in the world because of the continued success of Nykaa.

Falguni’s journey is an incredible inspiration for millions of men and women, particularly women, that through hard work, good planning, and perseverance they can achieve their entrepreneurial goals and become billionaires.

Many entrepreneurs look to Falguni for inspiration, with Nykaa being one of the largest women’s beauty product providers in India.

This article is based on publicly available information and estimates regarding Falguni Nayar and Nykaa. Net worth figures are approximate and may vary with market changes.

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