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Nykaa’s Falguni Nayar becomes India’s richest self-made woman billionaire

Sumit Arora Published On November 12th, 2021 Leave a comment

Falguni Nayar, the CEO and founder of beauty and fashion eCommerce platform Nykaa, has become the richest self-made woman in India. She founded Nykaa in the year 2012. She holds 53.5% stake in Nykaa and has a net worth of USD 7.48 billion.

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This comes after the IPO of FSN E-Commerce Ventures which is Nykaa’s parent entity. This is also the first woman-led unicorn to list on the stock exchange. The issue size of the IPO of FSN E-Commerce Ventures (Nykaa) was Rs 5,351.92 crore with face value of Rs 1 per share.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.