New Delhi. It is said that success has no gender. Despite all the restrictions, there are many powerful women who changed the thinking of the society through their work and reached the pinnacle of success. He broke every restriction and set new records. The name of one such personality is Falguni Nayar. Falguni Nair created history of success in business. You might be wondering why we are discussing about Falguni today, then let us tell you that the IPO of Falguni’s company Nykaa.com is coming. It is reported that Nykaa’s IPO could be around $4.5 billion. Sunil Kant Munjal of TPG Growth, Steadview Capital, Fidelity, Hero Group can sell their shares under the IPO. Let us tell you that Falguni is the founder of online beauty and wellness retailer Nykaa.com.
Know Falguni’s success story
Falguni studied from ‘Indian Institute of Management’ (IIM) in Ahmedabad and then worked as Capital Investment Managing Director in Kotak Mahindra Bank. Falguni’s life was going well. There was money, a good job. But she was restless, because somewhere she was not happy with her work. He had to create his own identity. Resources and money were less. Falguni’s family was not very wealthy, she would have received huge amount from the family to invest, but the beginning has to be taken with the first step and Falguni did it. He started e-commerce ventures private limited Nykaa.com in 2012.
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How to create an empire worth crores
Falguni laid the foundation of her business in a field where big brands from India and abroad were already present. Falguni moved ahead with the passion to do something new and be different from everyone else. He made his place in the market in the same way as we make a place for ourselves by nudging everyone in a crowded bus. You can gauge the progress of their company from the fact that if you ask the name of Nykaa to any person around you who uses beauty and wellness products, they will definitely know it. Five years ago, Nykaa was not even included in their beauty and wellness products. According to a report, in March 2020, Nykaa had received funding of Rs 100 crore from Steadview Capital. With this, Nykaa became a unicorn startup whose value was Rs 85 billion.
Know about Nykaa Company
55 million users are visiting Nykaa’s website every month. More than 1,200 brands are available here, from makeup, skincare to health supplements and hair dryers. In India, Nykaa has six warehouses across India, receiving over 13 million orders every month.
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How did the idea of this business come about?
The idea for Nykaa came to Falguni Nair while visiting multi-brand beauty product stores. She herself was not a regular consumer of beauty products. Still, they had to spend hundreds of dollars just on the name of the brand. Nair believed that there was no single store where everything could be found. Then he built a similar store.
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Falguni is inspirational for every woman
Let us tell you that Falguni is the mother of two children. She believes that women should get out of the mindset that if they work, their personal life will be affected. She has mentioned this many times in her interviews and said that I believe that if a woman with strong intentions makes it her aim to achieve something, then she achieves it under any circumstances. No matter what destination we reach, there are still miles left to travel.
Tags: Beauty treatments, Earn money, Hair Beauty tips, Stock market, Successful business leaders, Successful businesswoman, IPO
FIRST PUBLISHED : July 28, 2021, 1:25 PM IST