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Nykaa Founder To NDTV On Her Firm's Strong Market Debut: Full Transcript

Nykaa Founder To NDTV On Her Firm's Strong Market Debut: Full Transcript

NDTV
Wednesday, November 10, 2021 03:41:24 PM UTC

Nykaa's founder, Falguni Nayar, spoke to NDTV on Nykaa's strong market debut.

Shares of cosmetics-to-fashion platform Nykaa made a blockbuster opening on Wednesday, valuing the company at near $13 billion. The company's founder, Falguni Nayar, spoke to NDTV on Nykaa's strong market debut.

NDTV: What a day it's been today for the online beauty makeup fashion site Nykaa. It means a heroine in Sanskrit and it really is the heroine of the day today, listing at a nearly 89% above its offer price. And joining me today is someone who's got every reason to celebrate the driving force by Nykaa, Falguni, Naira and Mizar. Congratulations. And did you expect this already in the early morning, credit crossed one lakh crore market cap, and Bloomberg is now saying, You're India's richest self-made woman billionaire?

Falguni Nayar: Thank you, Sonia, I think we are just trying to build a great company that is well loved by consumers. And I think a good market reception is, it is very encouraging. So yes, I do agree that it calls for celebration sometime today.

NDTV: It's been, what a journey it's actually been. Is this something you expected? I mean, the fantastic bet as that you're, it's also a woman led unicorn. It's also one of the few profitable unicorns. It's really rewritten so many of the stories we've seen around unicorns' IPOs, about women led businesses. What would you say today, when you look at the journey that you made to get here?

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