Falguni Nayar
She founded Nykaa, a beauty and personal-care marketplace, in Mumbai in 2012, and took it public as FSN E-Commerce Ventures in 2021.
E-Commerce / Nykaa
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Maharashtra of Tomorrow
Falguni Nayar
Nykaa
She founded Nykaa, a beauty and personal-care marketplace, in Mumbai in 2012, and took it public as FSN E-Commerce Ventures in 2021.
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Maharashtra of TomorrowNo. 001
Nykaa
Founded2012 · Mumbai
Raised$156.9M
BackersNot yet on record
Compounding moves
2012 · Founded Nykaa, a marketplace for beauty and personal-care products, in Mumbai
2021 · Listed as FSN E-Commerce Ventures on NSE and BSE on November 10, 2021; shares opened at ₹2,018 on the NSE against a ₹1,125 issue price
2022 · Announced a 5:1 bonus share issue just before the pre-IPO lock-in expired on November 10, 2022; the timing raised corporate-governance questions and prompted SEBI to consider a time limit on bonus issues, and CFO Arvind Agarwal resigned the same month
2025 · Inc42-reported FY25 revenue ₹7,977.1 Cr (FY24: ₹6,415.6 Cr)
2021 · Listed as FSN E-Commerce Ventures on NSE and BSE on November 10, 2021; shares opened at ₹2,018 on the NSE against a ₹1,125 issue price
2022 · Announced a 5:1 bonus share issue just before the pre-IPO lock-in expired on November 10, 2022; the timing raised corporate-governance questions and prompted SEBI to consider a time limit on bonus issues, and CFO Arvind Agarwal resigned the same month
2025 · Inc42-reported FY25 revenue ₹7,977.1 Cr (FY24: ₹6,415.6 Cr)
Record v2 · 13 sources on record · Last recorded July 18, 2026 · Report an error →
The record
Company
Nykaa
Founded
2012 · Mumbai
Raised
$156.9M total (14 rounds, incl. post-IPO secondary)
Sources
Provenance
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v1 · Minted 2026 · 07 · 17
Entered the record from public filings and credible reporting. sha256 c109…c5ad
Anchored to Bitcoin 2026 · 07 · 18
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Last revised July 18, 2026 · Raised · Full history →
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