Falguni Nayar, Nykaa Founder To NDTV

Shares of magnificence start-up Nykaa made a blockbuster debut on Wednesday with its market capitalisation crossing Rs 1 lakh crore. Shares of FSN E-Commerce Ventures, the corporate that owns the Nykaa model, opened for buying and selling at Rs 2,018 on the National Stock Exchange, up 79 per cent from its problem worth of Rs 1,125 per share and rose as a lot as 99 per cent to hit an intraday excessive of Rs 2,235 on the NSE.After profitable itemizing on inventory markets, Falguni Nayar, founding father of the wonder start-up instructed NDTV that Nykaa has in some ways created magnificence business within the nation."In 2012 when I started beauty was very big business in Asia, US and Europe and In India beauty business was not taking off as it was hard to meet the needs of geographically and ethnically diverse country," Falguni Nayar instructed NDTV.