Founder Profile
Falguni Nayar
Last reviewed: October 2026 · By Swet Parvadiya
Who is Falguni Nayar?
Falguni Nayar is a founder of Nykaa, which was founded in 2012.
- Company founded
- Nykaa
- Founded
- 2012
Background
IIM Ahmedabad graduate who spent about 19 years at Kotak Mahindra, ending as Managing Director of Kotak Mahindra Capital, before founding Nykaa.
Founding Story
Falguni Nayar (born 1963, Mumbai) founded Nykaa in 2012 after a career in investment banking at Kotak Mahindra. She led the company through its 2021 IPO and remains Executive Chairperson, Managing Director and CEO. Under her, Nykaa reached ~$1.16 billion (₹10,022 crore) revenue in FY2026.
Falguni Sanjay Nayar was born on February 19, 1963. The company's formal name, FSN E-Commerce Ventures, is an acronym of her own name. Falguni Nayar was born in 1963.