Nykaa makes a strong market debut
Nykaa is India's biggest online marketplace for beauty, personal care and fashion brands.
Nykaa was founded by Falguni Nayar in 2012, Headquatered in MUMBAI
Nykaa priced its initial public offering at the top end of a marketed range, raising 53.5 billion rupees ($722 million).
Nykaa's founder Falguni Nayar becomes India's wealthiest self-made female billionaire
Also,FSN E-Commerce Ventures, Nykaa's parent entity, is India's first woman-led unicorn to hit the stock exchange
Nykaa, derived from the Sanskrit word for heroine, sells all makeup related products for Indian skin type
Nayar, who formerly led a top Indian investment bank, founded Nykaa in 2012 just months before turning 50.
Along with soaring high online sales, Nykaa also has more than 70 brick-and-mortar store
Nayar said "While Nykaa has changed Indians' outlook from making do with just a
and kajal eyeliner, "we have a long way to go,"