Nykaa IPO: How Falguni Nayar proved it’s never too late to start up

Falguni Nayar has donned several hats in her three-and-a-half-decade career. Born and raised in a Gujarati family in Mumbai, she began her career as a management consultant with AF Ferguson and Co in 1985 after graduating from IIM Ahmedabad. She then went on to work at Kotak Mahindra Group in various roles for 19 years before deciding to start her entrepreneurial adventure, risking her family funds. She had set up Kotak’s international operations in New York and London. When she left Kotak in 2012, she was the Managing Director of its institutional equities and investment banking divisions.