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Oct 27, 2023 · With a career that transitioned from the world of finance to the realm of beauty, she proved that it’s never too late. In this article, let’s go through Falguni Nayar's journey from the boardroom to the beauty counter, which is an inspiring tale of perseverance and vision.
- Mumbai, India
- Indian
- February 19, 1963
The case discusses the entrepreneurial journey of Falguni Nayar (Nayar), the brain behind one of the largest online beauty retailers in India, Nykaa E-Retail Pvt. Ltd. (Nykaa). Nayar founded Nykaa in 2012 with a vision to build a multi-brand omnichannel beauty-focused e-commerce business.
The case discusses the entrepreneurial journey of Falguni Nayar (Nayar)
INTRODUCTION. In April 2020, at a time when venture capital investments were expected to slow down due to the COVID-19 pandemic, Nykaa E-Retail Pvt. Ltd (Nykaa), one of the largest online beauty retailers in India, raised Rs. 1 billion (US$13 million) in fresh funding from its primary existing investor Steadview Capital.
In today’s video, we cover the story of Nykaa’s nayika – how Falguni Nayar built a profitable $13 billion startup in India.00:00 Introduction00:52 A rewardin...
- 13 min
- 93K
- Backstage with Millionaires
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Abstract. Being an entrepreneur was a childhood dream for Falguni Nayar. The opportunity to build Nykaa.com, a woman-centered business, with a multi-brand retail format in the beauty and wellness space, and the fact that she was doing it with her daughter Adwaita (HBS MBA 2013) made it both exciting and meaningful.