<p>The founder of ecommerce beauty platform <em>Nykaa</em>, Falguni Nayar, has entered the league of top billionnares in the world. </p>.<p>Falguni and her husband were among the top 10 wealthiest entrants in the M3M Hurun Global Rich List 2022.</p>.<p>“Falguni Nayar’s <em>Nykaa</em>, a beauty and fashion ecommerce platform, was listed at a premium of over 82 per cent, and the market cap crossed Rs 1 lakh crore post listing," the research and luxury publishing group Hurun India said in a note.</p>.<p>According to the Forbes real-time billionaire's list, Nayar was worth $5 billion, as of March 17 afternoon.</p>.<p><strong>Also See — <a href="https://www.deccanherald.com/dh-galleries/photos/m3m-hurun-global-rich-list-2022-top-10-wealthiest-people-in-the-world-1092099" target="_blank">M3M Hurun Global Rich List 2022: Top 10 wealthiest people in the world</a></strong></p>.<p>Nayar's wealth has been propelled by the IPO of her beauty startup, turning her into India's wealthiest female billionaire, according to a <em>Bloomberg </em>report in November 2021.</p>.<p>Nayar, who formerly led a top Indian investment bank, founded <em>Nykaa</em> in 2012 just months before turning 50. It was at a point in time when most Indian women bought makeup and hair-care products at neighborhood mom-and-pop stores where the selection was scanty. </p>.<p>The startup has since grown into the country’s leading beauty retailer, buoying online sales with demo videos by glamorous Bollywood actors and celebrities and more than 70 brick-and-mortar stores. <em>Nykaa</em>, derived from the Sanskrit word for heroine, sells items including exfoliation creams, bridal make-up essentials and hundreds of shades of lipstick, foundation and nail colour. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>The founder of ecommerce beauty platform <em>Nykaa</em>, Falguni Nayar, has entered the league of top billionnares in the world. </p>.<p>Falguni and her husband were among the top 10 wealthiest entrants in the M3M Hurun Global Rich List 2022.</p>.<p>“Falguni Nayar’s <em>Nykaa</em>, a beauty and fashion ecommerce platform, was listed at a premium of over 82 per cent, and the market cap crossed Rs 1 lakh crore post listing," the research and luxury publishing group Hurun India said in a note.</p>.<p>According to the Forbes real-time billionaire's list, Nayar was worth $5 billion, as of March 17 afternoon.</p>.<p><strong>Also See — <a href="https://www.deccanherald.com/dh-galleries/photos/m3m-hurun-global-rich-list-2022-top-10-wealthiest-people-in-the-world-1092099" target="_blank">M3M Hurun Global Rich List 2022: Top 10 wealthiest people in the world</a></strong></p>.<p>Nayar's wealth has been propelled by the IPO of her beauty startup, turning her into India's wealthiest female billionaire, according to a <em>Bloomberg </em>report in November 2021.</p>.<p>Nayar, who formerly led a top Indian investment bank, founded <em>Nykaa</em> in 2012 just months before turning 50. It was at a point in time when most Indian women bought makeup and hair-care products at neighborhood mom-and-pop stores where the selection was scanty. </p>.<p>The startup has since grown into the country’s leading beauty retailer, buoying online sales with demo videos by glamorous Bollywood actors and celebrities and more than 70 brick-and-mortar stores. <em>Nykaa</em>, derived from the Sanskrit word for heroine, sells items including exfoliation creams, bridal make-up essentials and hundreds of shades of lipstick, foundation and nail colour. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>
