Nair is not the daughter of a tycoon. However, by Indian standards, her upbringing was a privileged one. The only woman richer than him in India is probably Savitri Jindal.
Falguni Nair of online fashion store Nykaa. (Photo Credit: News Nation)
- Falguni Nair net worth is $6.5 billion
- 33 startups also join the unicorn club in 2021
- Savitri Jindal is the only rich woman in the country
According to the issues that dominated the year 2021, Falguni Nair’s story of online fashion store Nyka impressed everyone, her business grew at such a pace that she became the second richest woman in India. Falguni Nair’s net worth is $6.5 billion. A record 33 startups also joined the unicorn club in 2021, which are valued at $1 billion and above. However, e-commerce investments are not reflecting the general lack of optimism induced by the pandemic among Indians. Only 34 per cent of the people have no doubt about the blood and sweat money spent by the many unsung heroes and heroines in the start-up ecosystem to move the country forward. Still the road to success and becoming wealthy seems difficult for many Indians.
When 800 million Indians depend on government food aid to survive in the fight against hunger, there is no question of dreaming of starting a startup with a fresh idea that can capture people’s minds and markets. However, so many Indians have succeeded against all these odds and the spirit of never giving up is what motivates Indian entrepreneurs.
Nair is not the daughter of a tycoon. However, by Indian standards, her upbringing was a privileged one. Perhaps the only woman richer than him in India is Savitri Jindal, who heads the well-known Jindal business family. Most of the founders whose companies have joined the Unicorn Club in the recent past come from relatively humble backgrounds. They have already established India as one of the most exciting start up ecosystem in the world.
First Published : 01 Jan 2022, 01:36:14 PM
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