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Falguni Nayar (Founder and CEO – Nykaa)

Founder and CEO of online multi-brand cosmetics company Nykaa, which is worth about Rs.280 crore, Nayar effortlessly transitioned from banking to entrepreneurship in her fifties because of two things – more time on her hands with her twin children moving abroad for higher studies and her Gujarati family that almost always conversed about trade, stock market and investments. In no time, she shaped a successful business which is inventory-led (Nykaa has its own inventory where genuine products sourced directly from brands are kept), undeterred by naysayers, who felt India wasn’t yet ready for a beauty products e-tailing platform. On the contrary, Nayar’s instinct told her this was just the avenue to tap into since deep-pocketed players were yet to foray into it. As a result, revenues grew at a cracking pace. Currently, Nykaa is an omni-channel retailer with brick-and-mortar stores supplementing the successful online platform. Nayar, who has an MBA degree from the prestigious IIM, Ahmedabad, had earlier worked for more than 18 year at Kotak Mahindra Capital Co., where she quit as the managing director and head of institutional equities business, before starting her own venture.

Eight women who have shaken-up the start-up domain in India

The proverbial glass ceiling just does not exist for these women. From obliterating taboos and pooh-poohing naysayers to building brands that are snipping away at market shares of established players – they are doing it all. Their grit and determination are their biggest assets. Throw into the mix their education, experience and knowledge of markets and sky’s the limit for them.

In this slideshow, we take a look at such incredible women, who, even though, form a small part of the start-up sector in India as founders and co-founders, are reshaping the contours of industries, making a name for themselves and inspiring others.

Scroll through and catch all their accomplishments here: