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Former investment banker Falguni Nayar, quit her job to start Nykaa, a retailer of beauty products in 2012.
Nykaa's marquee investors include U.S. private equity giant TPG Growth as well as billionaires Harsh Mariwala and Harry Banga.
Nykaa sells more than 1,350 beauty and personal care brands both online and through its network of stores across the country.
Nayar took Nykaa public in November 2021, becoming one of India's richest self-made female entrepreneurs in the process.
Her daughter and son work with her.