There are 4,100+ professionals named "Falguni", who use LinkedIn to exchange information, ideas, and opportunities. The startup was founded in 2016 by graduates of Indian School of Business Abhishek Kothari, Deepak Jain, Manish Lunia, and Ritesh Jain. With the latest funding, FlexiLoans has raised a total of ₹500 crore in equity and debt funding so far. Times Internet Limited. falguni nayar | Mumbai, Maharashtra, India | CEO at Nykaa | 44 connections | View falguni's homepage, profile, activity, articles The equity funding round was led entirely by the Falguni and Sanjay Nayar Family Office, the investment arm of Nykaa founder Falguni Nayar and her investment banker husband, Sanjay Nayar. Previously, I worked as a business reporter for The Dallas Morning News where I revitalized the financial services beat for their award-winning business section. Falguni Nayar is the founder and CEO of the Nyka, which is a company that sells online cosmetics and wellness products. Copyright © 2020. Komal Katkar. © 2020 Forbes Media LLC. Nykaa has also launched its own fashion line. (Husband Sanjay Nayar, CEO of U.S. private equity giant KKR’s India operations, has invested in Nykaa in his personal capacity.). Gurgaon, India-based consulting firm Technopak predicts that rising incomes among younger Indians will almost double the country’s beauty and personal care market, to $23 billion, by 2023. “Beauty is a low footprint category and the unit value is very high,” says Arvind Singhal, Technopak’s chairman and managing director. The news came last week. Nykaa has raised $51 million in funding and, in April, TPG Growth invested $14.4 million for an undisclosed stake in a deal that valued Nykaa at $724 million. Nykaa’s focus on business sustainability and corporate governance further supports such strong investor confidence,” said Nykaa Founder and CEO Falguni Nayar in a statement. Linkedin; Youtube . But she soon realized customers wanted to touch and try products before buying them. You can connect with me on Twitter @araghuna. “I wanted to experience the journey of creating something from scratch,” says Nayar. There are 3,600+ professionals named "Nayar", who use LinkedIn to exchange information, ideas, and opportunities. More on Forbes: Asia’s Power Businesswomen 2019: How Wantedly’s Akiko Naka Is Disrupting The Job-Seeking Market In Japan, Nayar spent 19 years at Kotak, setting up its securities operations in the U.S. and U.K. before spearheading IPOs back in India. Today, the startup is the go-to platform for … Falguni Nayar is the Founder of Nykaa, the one-stop destination for cosmetics and other beauty range. View the profiles of professionals named "Nayar" on LinkedIn. Today, Nykaa has 46 stores across India and 45 million visitors a month to its website and app. Nayar’s second innings began with e-commerce portal Nykaa, which she set up in 2012, once her kids had gone to college and become independent. See the complete profile on LinkedIn and discover Arnab’s connections and jobs at similar companies. Falguni Nayar Founder & CEO. So in 2012, Nayar quit her job at Kotak Investment Banking, invested $2 million and launched beauty retailer Nykaa. See Falguni Sanjay Nayar's compensation, career history, education, & memberships. There were free trials, makeovers, and a lot of talk on the beauty all around the store. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice, Asia’s Power Businesswomen 2019: How Wantedly’s Akiko Naka Is Disrupting The Job-Seeking Market In Japan. There are 2 professionals named "Falguni Nayar", who use LinkedIn to exchange information, ideas, and opportunities. View the profiles of professionals named "Falguni Nayar" on LinkedIn. See the complete profile on LinkedIn and discover Kutub’s connections and jobs at similar companies. View Arnab Ghosh’s profile on LinkedIn, the world's largest professional community. Nykaa was founded in 2012 by Falguni Nayar, who is married to KKR India head Sanjay Nayar. After nearly two decades helping entrepreneurs as an investment banker, Nayar was raring to start a business of her own. View the profiles of professionals named "Nayar" on LinkedIn. Falguni Nayar is a former investment banker who studied in IIM. Our Passion. I am a contributing editor of Forbes Asia. View Falguni Nayar’s profile on LinkedIn, the world’s largest professional community. Now that company has more than 850 brands and has introduced 35 physical stores. Falguni, founder, Nykaa & Sanjay Nayar, CEO, KKR India, on striking the right balance between work and family Krishna Gopalan Published 6 years ago on May 25, 2015 • Read When we meet Falguni and Sanjay Nayar on a regular weekend, the couple is winding down from a very busy Sunday. Since its launch as an online beauty store in 2012 by Falguni Nayar, former MD of Kotak Mahindra Capital Company, the brand has served millions … Nykaa now sells 1,300 brands, up from just 350 in 2015, and 130,000 products. It was a trend investment banker Falguni Nayar was betting on when set up Nykaa to sell everything in the cosmetic and wellness category. All Rights Reserved. Falguni Nayar is the founder and CEO of Nykaa and one of the finalists for the EY Entrepreneur Of The Year (EOY) India 2019 Awards program. Bollywood star Katrina Kaif who has already been associated with the Mumbai-based online beauty retailer Nykaa for over a year, and launched her beauty brand ‘Kay Beauty‘ last year in October; has now taken a leap forward by investing an undisclosed amount in the company. Investment banker-turned-entrepreneur Falguni Nayar launched the e-commerce platform Nykaa in 2012. View the profiles of professionals named "Falguni" on LinkedIn. Falguni Nayar, founder and chief executive officer of Nykaa, a beauty retailer, admits that orders per day are down to a ‘fraction’ following the nationwide lockdown, which has … Speakers include Amitabh Kant, Jaspreet Singh, Falguni Nayar, Kunal Bahl, Dia Mirza, Rana Daggubati, Shirley Mao, Pei-fu Hsieh amongst other stellar Chinese investors & … So in 2015, she opened her first brick-and-mortar store in Delhi. “I’d get meetings because of our backgrounds,” she says, “but meetings didn’t always mean money. “But after I interacted with her, I understood her conviction.”. Falguni Nayar. | Nykaa.com is India's biggest online destination for beauty & wellness. Opinions expressed by Forbes Contributors are their own. Kushal Pal Singh – Taking DLF from Rs 26 lakh to billion dollars in valuation. She endeavoured her journey at the age of 50, a time when most people think about retirement she set herself into a new journey. LinkedIn. ... Nykaa Nykaa offers 1,500 brands to customers Nykaa expects 40% growth in revenue in FY21 Nayar founded Nykaa back in 2012 ... Falguni Nayar… “Falguni’s grasp over the entirety of her business—from the minute aspects of operations to big-picture finance—is extremely unique, and very rare for a startup founder and entrepreneur,” says Angad Banga, chief investment officer for the family office of Hong-Kong based commodities billionaire Harindarpal Singh Banga. FlexiLoans raises ₹150 crore in equity and debt funding – Falguni and Sanjay Nayar Family Office bets on the lending startup, 'India can provide teachers to the world, just like software engineers,' says Byju Raveendran as he plans to take his $11 billion edtech startup to US shores, OYO rival Treebo raises ₹10 crore from Vijay Shekhar Sharma, Deepak Parayanken of Mozambique Holdings, and others, FreshToHome raises $121 million – founder says they are looking to double their revenue to ₹1,500 crore in the next one year, An anti-gay Hungarian politician has resigned after being caught by the police fleeing a 25-man orgy through a window, Trump has raised at least $150 million to cover his bogus election challenges — but most of that money will go to financing Trump's future, Burger King India IPO opens today — brokerages recommend ‘subscribe’ on attractive valuations, Covaxin's phase three regulatory trial begins in Kolkata, Pfizer claims its newly approved COVID-19 vaccine can survive without sub-zero temperatures for five days, UK approves Pfizer-BioNTech COVID-19 vaccine, INTERVIEW: Video creation app Firework insists it is more than a TikTok rival as it woos publishers in India⁠— not just individual content creators, INTERVIEW: Burger King in India isn’t competing with just Dominos or McDonald’s⁠, the roadside chola bhatura vendor is a peer tooâ, Master Business Fundamentals from Wharton. I am based in Chennai. Times Syndication Service. Once Falguni Nayar walked into a Sephora store abroad and was amazed to see the variety of beauty products available under one roof. I cover Indian entrepreneurs and their struggles and successes in their journey to wealth-creation. There are 4,000+ professionals named "Nayar", who use LinkedIn to exchange information, ideas, and opportunities. This division was led by Adwaita Nayar, a member of the founding team of Nykaa and daughter of the founder Falguni Nayar. Falguni Nayar, Nykaa’s Founder & CEO in conversation with Social Samosa, traces the Nykaa Marketing Strategy and the mantra for leading the digital marketing industry. To top it all off, there were trusted beauty advisors and consultants all around to guide on customer needs. Nykaa – Falguni Nayar’s baby at 50. Falguni, an investment banker-turned-entrepreneur, had … Investors wouldn’t believe in what I was saying.”, “I didn’t know who she was,” recalls Rishabh Mariwala, managing director of another investor, Sharrp Ventures, the family office of Indian consumer goods billionaire Harsh Mariwala. ... Nayar and her family still control more than 50% of the company. That allowed her to minimize overhead while introducing to India an endless aisle of international products such as Estée Lauder, Clinique and Bobbi Brown. The equity funding round was led entirely by the Falguni and Sanjay Nayar Family Office, the investment arm of Nykaa founder Falguni Nayar and her investment banker husband, Sanjay Nayar. My work has appeared in a wide variety of North American publications ranging from The New York Times to The Vancouver Sun. Previously, I worked as a. I am a contributing editor of Forbes Asia. ... Falguni Nayar. She has built an e-commerce marketplace for beauty and personal care-focused in India. Share to Linkedin; This story is part of Forbes' coverage of Asia's Power Business Women 2019. All rights reserved.For reprint rights. I cover Indian entrepreneurs and their struggles and successes in their journey to wealth-creation. (Rishabh also runs a bath and body products company that sells on Nykaa and other outlets.) A dreamer is always termed crazy, until the time he or she turns it into a reality. I have a masters degree in journalism from Columbia University and a masters degree in communication from the University of Madras. While the company has yet to break even, sales almost doubled in the year ended March 31, to an estimated $180 million. Falguni has 4 jobs listed on their profile. The Banga family office owns 10% of Nykaa. Kutub Ariwala. Nayar and her family still control more than 50% of the company. Nykaa | 84,968 followers on LinkedIn. Nykaa joined hands with Katrina Kaif to launch India’s first celebrity beauty brand with a campaign titled #ItsKayToBeYou. Falguni Sanjay Nayar is CEO/Founder at Nykaa. She was working as an investment banker in Kodak Mahindra; and then left the job to pursue her dream of starting her own company. Your Beauty. Even as a veteran banker, though, Nayar found fundraising for Nykaa a challenge. Founded in 2012 by Falguni Nayar, Nykaa claims to offer over 300,000 cosmetics and … Nayar started Nykaa as an online-only business. It provides a curated range of beauty products for … Falguni Nayar, the founder of Nykaa, one of India’s biggest online … Arnab has 8 jobs listed on their profile.