Falguni Nayar: Change-Maker In Lifestyle

Falguni Nayar changed track in mid-life to pursue a dream and did not rest till she had achieved it. The ecommerce platform she floated after a successful career as an investment banker spanning two decades, turned profitable in the 2018-19 financial year. 

The online beauty and wellness platform, Nykaa, was launched in 2012. Today it is among India’s largest online fashion and lifestyle portals. After serving 20 years as an investment banker and broker with Kotak Mahindra, Nayar announced her departure to pursue her dream. Sensing a scope for marketing beauty products online, she created Nykaa, a platform that has now created history in the world of lifestyle and wellness. 

Nayar showed the world that age is just a number with the zest with which she steered her entrepreneurial venture along, creating and running successfully both her online business in beauty products and physical stores. The brand is already omnipotent in the sphere of wellness and beauty. Nykaa is now also opening its luxury stores (Nykaa Luxury) at premier destinations. 

Nykaa has been a front runner in bringing international luxury brands to India, giving Indian customers a wide range of products and services to choose from. Nykaa’s valuation has reportedly touched a whopping $743 million and it made a profit of Rs 2.31 crores in the 2018-19 financial year.

Nayar’s interests span beyond business. She is a founding member of the Asia Society in India. She is on several corporate boards, including the Aviva Insurance Board and Dabur India. She serves as an independent member on the board of Tata Motors. In addition to being a successful career woman and home-maker, Nayar is a source of inspiration to every member of her young and ever- growing team. Her attention to detail, involvement in every aspect of her firm and passion for business are qualities that make her a great leader.

She believes in the mantra ‘retail is all about detail’ and is often heard propagating it. Assisting Nayar is a driven team of enthusiastic professionals drawn from a myriad fields, all united in their common goal of changing the face of beauty in India. Through exclusive launches, product innovation, sharp communication and appealing design elements, the Nykaa team aspires to reach new heights in their vision. 

At the heart of Nykaa’s growth are its people, young men and women committed to bringing the magic and delight of beauty to the consumers’ doorstep. 

Falguni Nayar  believes in the mantra ‘retail is all about detail’ and is often heard propagating it. Assisting her is a driven team of enthusiastic professionals drawn from  a myriad fields