Falguni Nair, the founder of Nykaa, has four times more wealth than Vijay Shekhar Sharma, the founder of Paytm.
Falguni Nayar, founder of Nykaa, a giant selling beauty products, has become four times more valuable than Paytm founder Vijay Shekhar Sharma. He is ranked 571st in the Forbes real-time billionaires list with a net worth of $4900 million (Rs 37.2 thousand crore), while Paytm CEO Sharma’s net worth is estimated at $ 100 million (Rs 8350.16 crore) and is ranked 2420 in the list. are on.
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Nykaa made Nair the second richest woman in the country
When Nayaka was listed in the market in November 2021 last year, Nair joined the list of the world’s richest people. According to the Bloomberg Billionaire Index, a list of billionaires around the world, Falguni Nair has become the richest self-made female billionaire in India. A day earlier i.e. on March 16, 2022, Hurun’s list of global rich was released, in which Nair joined for the first time. She is the richest woman in India after Savitri Jindal according to Forbes’ list of Real Time Billionaires. Savitri Jindal and family are ranked 94th in the Forbes list with a net worth of $1760 million (Rs 1.34 lakh crore). Although she is the richest woman in the country in the list of Nair self-made rich.
Falguni Nair becomes the country’s richest self-made female billionaire, on the basis of Nykaa’s brilliant listing, overtakes Biocon’s Shaw
Nykaa had a strong entry in the Indian market
Nykaa’s parent company FSN E-Commerce Ventures is the first unicorn (a company with a valuation of over $100 million) to be started by a woman in the country to be listed in the market. Last year it was listed on November 10, 2021 at a price of Rs 2001, which was about 78 percent premium to the issue price of Rs 1125 i.e. IPO investors got a profit of Rs 876 on listing. After listing, it had reached a height of Rs 2574 on BSE, but now it is at a price of Rs 1523.55 i.e. around 41 percent discount.
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