Falguni Nair leaves bank job to start beauty products company
New Delhi, November 10, 2021 The beauty and fashion start-up heroine's IPO has been listed today and at the same time the company's founder Falguni Nair has been included in the list of the richest self-made women in the country and the world. After the listing, Nayaka's shares have risen by up to 90 per cent, which has led to a sharp rise in Falguni Nair's fortune as Falguni and her husband Sanjay Nair own about 54 per cent of the company. Sanjay Nair is also the CEO of a US equity firm in India. Falguni Nair's fortune has reached 6. 6.5 billion and she has become the richest self-made woman in the country. The heroine is the third largest IPO of the year after Zomato and Sona Comstar. After listing, the market cap of the company has gone up to Rs 1 lakh crore. Falguni started Nayaka in 2012. Since then, Nayaka's app has been downloaded 5.58 crore times. The company also has 80 stores in 40 cities across the country. Interestingly, Falguni Nair himself ha...