Falguni Nayar's Nykaa has made it to TIME100 most influential companies in the world

This comes days after Nykaa founder Falguni Nayar strode into the top 10 list of self-made women billionaires with a massive $7.6 billion wealth.

Falguni is the newest entrant in the women billionaires list, according to a compilation released by the Hurun Research Institute.

source : moneycontrol

Ten years after being founded by entrepreneur Falguni Nayar with the goal of inspiring Indian women, Nykaa has evolved into one of India’s largest cosmetics and lifestyle brands,

TIME stated -

Nearly 10 million people shop there, and a November IPO raised $700 million at a $13 billion valuation—turning Nayar, the CEO, into India’s richest self-made businesswoman

TIME stated -

Expansion and marketing led to a 23% drop in net profits in the nine months to December, but revenue grew 65% year-over-year to $376 million

TIME stated -

To assemble the list, TIME solicits nominations across sectors including health care, entertainment, technology and more from our global network of editors, correspondents and industry experts

Then they evaluate each on key factors, relevance, impact, innovation, leadership, ambition, and success. The result is a diverse array of 100 businesses helping chart an essential path forward