On November 10, 2021, Nykaa’s IPO was listed with the valuations surge to $13 billion. Nykaa founder Falguni Nayar, becomes India’s richest self-made female billionaire, with a net worth of about $6.5 billion.
A look at the stellar journey of India’s only profitable online marketplace. (Image: News18 Creative)
It is India’s first woman-led unicorn to hit the stock exchange. (Image: News18 Creative)
Nykaa runs its online operations through mobile applications and websites along with 80 brick-and-mortar stores across the country. (Image: News18 Creative)
Nykaa uses a strong digital, content and influencer marketing strategy to stand out on social media platform. In August 2021, it had a network of 3,055 influencers, including trendsetters, fashion and lifestyle bloggers, makeup artists, celebrities that extensively work with the platform. (Image: News18 Creative)
Founded by Falguni Nayar in 2012 as an online store for multi-brand beauty and fragrance products. Before Nykaa, such options were only limited to multi-brand outlets in malls. (Image: News18 Creative)
On November 10, 2021, Nykaa’s IPO was listed with the valuations surge to $13 billion. Nykaa founder Falguni Nayar, becomes India’s richest self-made female billionaire, with a net worth of about $6.5 billion. (Image: News18 Creative)
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