Categories: Miscellaneous

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

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

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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