From Banker to Beauty Boss: An Unlikely Transition
Falguni Nayar’s story begins in Mumbai, in a Gujarati business family where dinner-table conversations revolved around profits and planning. After completing her MBA from IIM Ahmedabad in 1985, she joined Kotak Mahindra Bank and spent over two decades climbing the corporate ladder. Eventually, she became the Managing Director of Kotak Investment Banking, handling some of India’s biggest IPOs.
But in 2012, at the age of 49, she stunned peers and industry veterans alike by leaving her lucrative job to chase a vision many found too risky: building India’s first online beauty marketplace.
“I wanted to build something of my own, something that
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