Falguni Nayar, CEO of Nykaa

Falguni Sanjay Nayar is an Indian billionaire businesswoman,[3] who is the founder and CEO of the beauty and lifestyle retail company Nykaa, formally known as FSN E-Commerce Ventures which is an acronym of her own name. Nayar is one of two self-made female Indian billionaires. In April 2012, at the age of 50, she founded Nykaa with $2 million of her own money. Nykaa was worth $2.3 billion as of 2021 bringing Nayar's net worth to an estimated $1.1 billion. Nayar is one of two self-made female Indian billionaires, the other being Kiran Mazumdar-Shaw. Nykaa listed at $13 billion valuation on 10 November 2021. Soon after Nykaa went public, Nayar became the wealthiest self-made Indian woman, with her net worth rising to $6.5 billion. In 2022, Nayar made her debut in the Forbes India Rich List at rank 44.