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Falguni Nayar - The Woman Who Redefined India's Beauty and E-Commerce Landscape

Outlook Business

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December 2025

From Banking Boardrooms to Building a Beauty Empire

- Falguni Nayar Founder & CEO, Nykaa

Falguni Nayar - The Woman Who Redefined India's Beauty and E-Commerce Landscape

Falguni Nayar's remarkable journey from investment banker to entrepreneur is a testament to courage, vision, and reinvention. After nearly two decades at Kotak Mahindra Bank, where she served as Managing Director of Kotak Mahindra Capital, Nayar made a bold move: at the age of 50, she founded Nykaa in 2012. Her goal was simple yet ambitious: to create a trusted platform for beauty and lifestyle in India. What began as a modest online beauty store soon became India's leading beauty, wellness, and fashion retailer, transforming how millions engage with personal care and style.

Building Nykaa - Redefining India's Beauty Retail

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