Falguni Nayar: The investment banker who fixed India’s broken beauty market
- Posted on December 23, 2025
- By Financial Express
- 3 Views
Falguni Nayar: The investment banker who fixed India’s broken beauty market

Nykaa, the beauty and fashion retailer she founded in 2012, was the result of that dissatisfaction and of a banker’s instinct to spot a market inefficiency hiding in plain sight.