Falguni Nayar has donned several hats in her three-and-a-half-decade career. Born and raised in a Gujarati family in Mumbai, she began her career as a management consultant with AF Ferguson and Co in 1985 after graduating from IIM Ahmedabad. She then went on to work at Kotak Mahindra Group in various roles for 19 years before deciding to start her entrepreneurial adventure, risking her family funds. She had set up Kotak’s international operations in New York and London. When she left Kotak in 2012, she was the Managing Director of its institutional equities and investment banking divisions.
Falguni Nayar and Nykaa
To address the beauty needs of women, she started Nykaa in 2012 with no prior experience in retail, beauty or technology. She was just a few months shy of turning 50 then.
Her first and the only tweet, which has now become iconic, came on October 29, 2012, a day before Nykaa’s website went live.