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- IIFL Wealth Hurun India released Rich List of Richest Women Entrepreneurs
- Online retail store Nayaka has roped in Biocon founder Kiran Mazumdar Shaw
- Falguni Nair, who started a startup with just 20 lakhs 10 years ago, saw a 345 percent increase in his net worth.
Falguni Nair has once again proved that women can reach the pinnacle of success on the strength of their hard work and ability if given the opportunity. Today, the role and representation of women in India’s startup ecosystem is increasing and Falguni Nair is a role model against such women. Falgu Nair is followed by Rekha Jhunjhunwala of Rarer Enterprises, a company founded by her husband and late veteran investor Rakesh Jhunjhunwala.
Kiran Majumdar Shaw’s net worth is Rs 24,800 crore
Falguni Nair’s list of successes and achievements goes on and on. The latest news is that Falguni has overtaken Kiran Mazumdar Shaw to become India’s richest self-made woman. Falguni’s net worth has surpassed that of Biocon founder Kiran Mazumdar Shaw, according to IIFL Wealth Hurrn India Rich List rankings. Shaw’s net worth is Rs 24,800 crore.
Falguni Nair’s net worth rose to Rs.38,700 crores
Falguni Nair’s net worth has increased by 345 percent to Rs 38,700 crore this year. Falguni Nair has become the highest paid woman in a year after Ravi Modi of Vedanta Fashions.
Nayaka started in 2012 with a meager investment
Born into a wealthy Gujarati family in Mumbai, Falguni spent 20 years of her career working with the Kotak Mahindra Group. He joined the company in 1993 and then left in 2012 to start his own business. In 2012, Falguni launched Nayaka, an online retail store for beauty and fashion products. This hero was started with an initial investment of just 20 lakh rupees. He made this investment from his personal savings.
In just 10 years, Nair achieved the highest peak of success
Within just 10 years, Nayaka has become India’s largest online beauty and fashion retail platform. Then it started opening physical stores as well. Nayika’s net worth has increased by 1388 percent in the last five years.
Nayaka’s IPO created a stir in the stock exchange as well
Nayaka and Falguni Nair were once again in the news in November last year. Meanwhile, his company’s IPOs achieved the highest peak of success in the stock exchange on the very first day of launch. It was India’s first most successful startup to hit the stock exchange. The success rate reached 80 percent on the very first day and with this Falguni also became India’s first self-made female billionaire. Just last week it was reported that Nayka has leased two office spaces in Mumbai for five years, with a monthly rent of Rs. 70 lakhs.
List of top 10 richest women entrepreneurs of the country
