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Founder Mythos

Falguni Nayar

Founding at Fifty

By capsrow · Updated July 2026

Experience is the asset, not the handicap.

Instead of seeing age as a handicap, I saw it as all the experience that came with it.

She left a long career in banking to found Nykaa at 50, treating decades of judgement as capital.

The late start was the advantage: she knew markets, capital and operations before she began.

A clear path to profit is a choice.

It came from having a very clear path to profitability, and we try to maintain that for every business we enter.

Against a norm of burning cash for growth, she built Nykaa to make money from early on.

The banker's discipline became the company's culture, not a phase to grow out of.

Give yourself the chance.

When I started Nykaa I knew some aspects of the business, like sales, marketing, and legal, but I didn't know technology. I did not know retail, I did not know beauty. And I gave myself a chance.

She entered a category she had never worked in, and let competence in adjacent skills carry the rest.

The permission to start did not come from expertise. It came from a decision.

Sources. Source: Business Today; Forbes India; Fortune.