F alguni Nayar is an Indian self-made billionaire businesswoman who is the founder and CEO of Nykaa, an e-commerce company that has become the leading online retailer of beauty and wellness products in India. A former top investment banker with a long and distinguished career, Nayar decided to leave her high-profile job at the age of 50 to pursue her own entrepreneurial dream.

She founded Nykaa in 2012, identifying a huge, underserved market for a curated, multi-brand beauty retail platform in India. She built the company into an omnichannel powerhouse, with a dominant e-commerce presence and a growing network of physical stores. The company's successful and high-profile initial public offering in 2021 made her India's richest self-made woman and a celebrated icon for female entrepreneurs in the country. She continues to lead the company as its CEO.