No. 001 · Falguni Nayar

What this record used to say.

This record has been revised 2 times. These dated historical snapshots preserve exactly what was recorded at the time. Hashes establish integrity and timing, not present truth. Current admitted facts appear on the record page. The latest recorded value of each fact says whether the record shows it today.

Version 3 · historical snapshot 25 Sep 2026 Anchored to Bitcoin

Title: From Falguni Nayar (Nykaa) to The Banker Who Waited Until 49 to Bet Everything on Beauty

sha256 ef4c39cf8ce22cab… Full hash on the proof page

Version 2 · historical snapshot 18 Jul 2026 Anchored to Bitcoin

Raised: From $156.89M total across 14 rounds (per Inc42, incl. post-IPO secondary) to $156.9M total (14 rounds, incl. post-IPO secondary)
Awaits evidence

sha256 58892152c646f5cc… Full hash on the proof page

Version 1 · historical snapshot 17 Jul 2026 Anchored to Bitcoin

Minted

Founder: Falguni Nayar
Shown on the record
Company: Nykaa
Shown on the record
Founded: 2012 · Mumbai
Awaits evidence
Raised: $156.89M total across 14 rounds (per Inc42, incl. post-IPO secondary)
Strap: She founded Nykaa, a beauty and personal-care marketplace, in Mumbai in 2012, and took it public as FSN E-Commerce Ventures in 2021.
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)

sha256 c1096b7541bc666e… Full hash on the proof page

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