Born on February 19, 1963, in Mumbai, Maharashtra, Falguni Nayar is a trailblazing figure in India’s e-commerce landscape. She founded beauty and wellness retail company Nykaa with an initial investment of $2 million of her own money. Before Nykaa, Nayar had a distinguished career at Kotak Mahindra Bank, where he led the institutional equities and investment banking divisions. His foray into entrepreneurship at the age of 50 was inspiring. Under her leadership, Nykaa went public in 2021 at a valuation of $13 billion, catapulting Nayar’s net worth to $2.9 billion and making her one of India’s richest, self-made women.

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