Business

Nykaa Founder Falguni becomes India’s richest self-made female billionaire

Nykaa Founder Falguni Nayar’s net worth rose to $6.5 billion on Wednesday as shares of the beauty unicorn surged as much as 89% during its market debut. The 58-year-old has become India’s richest self-made female billionaire, according to the Bloomberg Billionaires Index. Nayar, who was an investment banker earlier, founded Nykaa in 2012, months before she turned 50 years old.

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