Nykaa makes a strong market debut

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Nykaa is India's biggest online marketplace for beauty, personal care and fashion brands.

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Nykaa was founded by Falguni Nayar in 2012, Headquatered in MUMBAI

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Nykaa priced its initial public offering at the top end of a marketed range, raising 53.5 billion rupees ($722 million).

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Nykaa's founder Falguni Nayar becomes India's wealthiest self-made female billionaire

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Also,FSN E-Commerce Ventures, Nykaa's parent entity, is India's first woman-led unicorn to hit the stock exchange

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Nykaa, derived from the Sanskrit word for heroine, sells all makeup related products for Indian skin type

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Nayar, who formerly led a top Indian investment bank, founded Nykaa in 2012 just months before turning 50.

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Along with soaring high online sales, Nykaa also has more than 70 brick-and-mortar store

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Nayar said "While Nykaa has changed Indians' outlook from making do with just a lipstick and kajal eyeliner, "we have a long way to go,"

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