Nykaa
Couldn't have asked for better partner: Katrina Kaif praises Nykaa founder Falguni Nayar
Mumbai/IBNS: Bollywood actress Katrina Kaif has come out with all praises for Nykaa founder Falguni Nayar, who last week became the richest self-made female billionaire in India.
Kaif not only endorses beauty startup Nykaa but also she has partnered with the firm for her own beautyline Kay By Katrina.
In an Instagram post, the actress says, "What a amazing week it’s been for my partners @falguninayar her co-founder @adwaitanayar and all the wonderful people at the Nykaa offices and stores countrywide.
"A record IPO and listing that proves Indian platforms can be up there with the biggest and best in the world. I’m very proud of you all and couldn’t have asked for a better partner on @KayByKatrina Here’s to many more milestones."
Nayar, who owns about half of the firm, is now worth about $6.5 billion.
She achieved the feat after Nykaa's shares surged about 89 percent when it started trading on Wednesday.
Nykaa's parent company FSN E-Commerce Ventures is the first woman-led unicorn to trade in the stock market.
Nayar, who had earlier led a top investment bank, founded Nykaa in 2012 at the age of 50.
Over the years, Nykaa grew into the top online beauty retailer, endorsed by leading Bollywood celebrities.
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