India’s richest self-made woman’s Nykaa among TIME’s 100 most influential firms

Falguni Nayar’s , the founder and CEO of the beauty and lifestyle retail startup Nykaa has made it to TIME100 most influential companies in the world. This comes days after Nayar strode into the top 10 list of self-made women billionaires with a massive $7.6 billion wealth. She is the newest entrant in the women billionaires list, according to a compilation released by the Hurun Research Institute. On Forbes’ real-time billionaires list, Falguni Nayar ranked 579. The list stated Nayar’s net worth to be $4.9 billion. Nayar’s net worth is four times more than that of Paytm Chief Executive Officer Vijay Shekhar Sharma. The Forbes list put Sharma’s net worth at $1.1 billion. Nykaa, the first woman-led unicorn in India to go public, offers a diverse portfolio of beauty and personal products. It has also ventured into clothing with Nykaa Fashion.