Nykaa CEO Falguni Nayar becomes India’s richest self-made woman
- 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.
- 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 IPO of FSN E-Commerce Ventures (Nykaa) was Rs 5,351.92 crore with facevalue of Rs 1 per share.
Points to remember:
- Who is the MD and CEO of Nykaa?- Falguni Nayar
- Issue size of IPO of FSN E-Commerce Ventures (Nykaa)?- Rs 5,351.92 crore
- Parent company of Nykaa?- FSN E-Commerce Ventures
Source: economic times