18 April 2022, Mumbai:
Falguni Nayar has the founder and chief executive officer (CEO) of beauty supply company Nykaa (FSN E-commerce) been named the EY Entrepreneur of the Year 2021, at the 23rd edition of the EY Entrepreneur of The Year India awards.
Ms Falguni Nayar, Founder & CEO, of Nykaa, was today named the EY Entrepreneur of the Year™ in 2021 and will now represent India at the EY World Entrepreneur of the Year Award (WEOY) on 9 June 2022.
ALSO READ Falguni Nayar named in M3M Harun Global Rich List 2022
Shri Bhupender Yadav, Honourable Minister of Labour & Employment and Environment, Forest & Climate Change graced the ceremony as the Chief Guest and addressed the audience.
Dr Bhagwat K Karad, Honourable Minister of State for Finance was the Guest of Honour.
An investment banker turned entrepreneur, Falguni Nayar disrupted a brick-and-mortar industry by taking a digital route to sell beauty products in 2012.
RELATED NEWS Nykaa aims at 3x retail store count to build its offline presence: CEO Falguni Nayar
Her start-up, Nykaa, is one of the most profitable start-ups in the country with a strong Omni-channel presence.
Over the last two years, she has diversified from beauty into fashion and lifestyle and has a well-established portfolio of over 2,600+ international brands and 100+ offline stores.
The company recently raised fresh capital for expansion through a blockbuster IPO. Falguni was the recipient of the EY Entrepreneur of The Year Award in the Start-up category in 2019.
Join our community on Linkedin
CREDITS: EY (The news article has not been edited by DFU Publications staff)
