Falguni Nayar, Founder and Chief Executive of Nykaa
Falguni Nayar founded Nykaa in 2012 after a finance career of about 25 years and serves as Executive Chairperson, Managing Director and Chief Executive Officer of FSN E-Commerce Ventures Limited, the Mumbai company behind Nykaa. Her current five-year term runs from 12 February 2026 to 11 February 2031.
| Role | Executive Chairperson, Managing Director and CEO |
|---|---|
| Company | FSN E-Commerce Ventures Limited (Nykaa) |
| Headquarters | Mumbai, India |
| Industry | Retail and Ecommerce |
| In role since | 2012 |
| Born | 19 February 1963, Mumbai, India |
| Education | B.Com, Sydenham College of Commerce and Economics; postgraduate degree in management, Indian Institute of Management Ahmedabad (1985) |
| Company website | nykaa.com |
From Kotak Mahindra Investment Banking to Founding Nykaa
Nayar graduated from IIM Ahmedabad in 1985 and began her career as a consultant at A. F. Ferguson and Co. Her later career steps include:
- 1993: Joined the Kotak Mahindra Group
- Helped set up Kotak’s institutional equities operations in London and New York, returning to India in 2001
- Head of Institutional Equities, then Managing Director of the investment banking business
- 2005: Appointed Managing Director of Kotak Mahindra Capital
- 2012: Left Kotak and founded Nykaa; Nykaa.com went live by December 2012
What Nykaa Sells and Its FY26 Figures
Nykaa sells beauty, personal care and fashion products online and through physical stores across India. It lists Indian and global brands alongside its own labels, and its shares have traded on Indian stock exchanges since its November 2021 public offering.
For the financial year ended March 2026, Nykaa reported revenue from operations of Rs 10,022 crore, up 26 percent from the year before, and net profit of Rs 204 crore. The company operated 313 beauty stores across 99 cities and served over 55 million customers.
Board Roles Beyond Nykaa
Nayar has served on the boards of Tata Motors, ACC and Dabur India. She was earlier an India Advisor to Temasek, a founding member of the Asia Society in India and a board member of Business Standard.
Nykaa Filings and Pages Behind This Profile
- Ms. Falguni Nayar, Board of Directors, Dabur India
- Falguni Nayar, Oral History, IIM Ahmedabad Archives
- Ms. Falguni Sanjay Nayar, Founder and CEO of Nykaa, Embassy of India Bucharest
- Nykaa Q4 FY26 Results, Angel One
- Nykaa reappoints Falguni Nayar as MD and CEO for 5 years, Inshorts
- Investor Contacts, Nykaa
