It is often said, “Age is no barrier”. But proving it is a whole different challenge. A challenge that Falguni Nayar, one of the most successful woman entrepreneurs in India, absolutely smashed!
She started her eCommerce venture of selling cosmetics online when she was 49. The online store – Nykaa, is now valued at more than $13 billion dollars! From an investment banker to becoming an extremely influential entrepreneur at 50, Falguni is an inspiration to every woman out there who wants to start a business in the later stages of their life.
Ms Nayar was born and raised to see her father run a small bearings company. At the age of 50, peaking in her career as the MD of Kotak Mahindra Capital, she took a leap of faith and quit the security and prospects of a comfortable future. She started Nykaa, an online retailer of beauty products, in the year 2012. Nykaa is on its way to becoming a unicorn. Nykaa commands more than 40% percent of the online beauty market in India.
Falguni Nayar says that she is an adventurer and thrives in uncertain situations. The fear of failure, she says, has never daunted her from doing things.