HTLS 2022: Falguni Nayar on Nykaa’s success mantra and entrepreneurship

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On Day 2 of Hindustan Times Leadership Summit (HTLS) 2022, Falguni Nayar, the founder and CEO of Nykaa, spoke with Sruthijith KK, Editor in Chief of Mint, on the journey of the online retailer and its future plans. In 2012, Falguni Nayar quit her 25-year career in finance to chase her dream of building a premier online retailer for beauty and wellness. Today, Nykaa is one of India’s top online destination for beauty products. Nayar, who holds a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad, also serves on the board of a number of blue chip companies.

Here are the highlights of what Falguni Nayar said:

– “I also have to admit that entrepreneurial journeys are not easy, and especially early days are characterised by a lot of pain points, I think getting the technology enabled platforms, so getting the technology right, were the initial issues, then getting the scale and as they call it, you know,” Nayar said.

 

 

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