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Adwaita Nayar
Adwaita Nayar is the CEO of Nykaa Fashion, a subsidiary of the Indian beauty and fashion e-commerce platform, Nykaa.
She is the daughter of Falguni Nayar, the founder of Nykaa. Adwaita played a significant role in the expansion of Nykaa into the fashion segment, helping to diversify the company’s offerings beyond beauty products.
She holds an MBA from Harvard Business School and has been instrumental in driving Nykaa’s growth and establishing it as a leading name in India’s online retail space.
| Personal Life | |
| Full name | Adwaita Nayar |
| Birth | In 1990 |
| Age | 32 years |
| Birth Place | Mumbai,india |
| Height | 5.6 feet ( Approx.) |
| Religion | Hindu |
| Nationality | India |
| Family | |
| Father | Sanjay Nayar |
| Mother | Falguni Nayar |
| Brother | Archit Nayar |
| Marital status | Married |
| Husband | Anubhav Gupta |
| Education | |
| School name | Dhirubhai Ambani International School |
| College name | Yale University ,(USA) |
| Post graduation | Harward business university (USA) |
| Master graduation | MBA |
| Famous For | Nykaa.com CEO |
| Net Worth | 1.45 million ( Approx) |
Early Life
Adwaita Nayar is an entrepreneur and CEO of Nyaka Fashion Brand. She was born in Mumbai into a business family. Her mother (FALGUNI NAYAR FOUNDER OF NYKAA) has been in the beauty business for a long time. Coming from a family of entrepreneurs, Adwaita always looks at things from a business point of view. She graduated from Harvard Business School. In 2019, Adwaita Nayar married his mistress Anubhav Gupta in the city of Jaipur.
Adwaita Nayar is a businesswoman and young entrepreneur from Mumbai. She is from the Nayar family of Mumbai.
She was born in 1990 in Bombay, India.
Adwaita was born in Mumbai into a business family. Her father’s name is Suresh Nayar, who works as CEO of KKR investment company. Falguni Nayar, mother of Adwaita Nair, is a businesswoman and founder of Nykaa Beauty Company.
She has a younger brother named Anchit Nayar. She also follows Hinduism and has Indian nationality.
Since she was little she always does something new that makes her happy. Nayar had a keen interest in business and was drawn to the beauty industry.
She did his primary education at Cathedral and John Conan School. Thereafter, She enrolled in the Dhirubhai Ambani International School for post-secondary studies.
In 2010, she moved to the United States for higher studies. She from Yale University, She completed his bachelor’s degree in Applied Mathematics.
Adwaita Nair studied at Harvard Business Shoe for three years. She completed her Master of Business Administration from HBS.
She went to Yale University to get a bachelor’s degree. After that, she did her MBA from Harvard Business School, USA.
she had three years of experience in the corporate world. In 2013, Advaita Nair joined her family business and became COO of beauty brand Nykaa (owner of Nykaa).
Husband Of Adwaita Nayar
On November 29, 2019, Adwaita married his mistress Anubhav Gupta in Jaipur. They two have known each other for a long time and were in a relationship before marriage.
Adwaita Nayar’s husband, Anubhav Gupta, is a businessman, she is from Jaipur (Rajasthan, India).
Around 2012, when Adwaita Nayar was graduating from Yale University, her mother, Falguni Nayar, was looking to break into business with Nykaa. From researching what kind of business Nayar could set up to setting up the schematics in her bedroom, Adwaita has seen all the initial difficulties.
In difficult times, unlike her mother, who was much more experienced, Adwaita found it difficult to remain insensitive. “Back then, I was very young… I realized that entrepreneurship is very difficult and a roller coaster, there are so many ups and downs,” she says.
After working at Nykaa for a few months, she took a job at Bain & Company in New York as an associate consultant for a year. However, she dropped that and rejoined Nykaa.
Adwaita Nayar’s journey
Adwaita Nayar began her entrepreneurial journey at the age of 21. One of the founding members of e-commerce giant Nykaa and daughter of Nykaa’s CEO, Falguni Nayar has been instrumental in making Nykaa one of the industry leaders in the e-commerce space.
Adwaita is also responsible for the brand’s physical presence across the country, as she executed the opening of 30 retail stores before moving to Nykaa Fashion. And she is ready to succeed there too! The confident risk-taker opens up about working with her mother, her own business acumen, and the crucial lessons she’s learned so far.
Your journey with Nykaa so far…
It has been amazing! It is a blessing that we have been able to build something like Nykaa. My mother really wanted to be a businesswoman; that’s what she had always dreamed of.
When it all started in 2012-13, I had just graduated and moved back to India. I accepted the idea and became her ‘right hand’. It started with a simple idea and we continued to systematically execute our plans over the next five years to bring Nykaa to where it is today.
The first years were really difficult, because success was not guaranteed. Now I am grateful for that experience, because it keeps me grounded in the sense that I know that all companies go through difficult times.
I personally participated in the opening of our retail stores. I went to different cities to understand the market; For me, this has been one of the most enriching experiences of my life, I was able to better understand the country and, therefore, our consumer.
The experience gave me as much confidence in understanding the retail business as I did in e-commerce. Then about two years ago we started Nykaa Fashion; the credit goes to my mother who convinced us to venture into that category.
There is a gap in the fashion market; nobody sells fashion in a way that is about inspiration and healing, and we are trying to bridge that gap.
On her decision to be part of Nykaa
Growing up, I saw my parents have jobs; We were not a business family! I graduated from university in the US and started working with a consulting company there when my mother mentioned starting my own business.
I was excited by the idea and had nothing to lose at the time as I was just starting my career. It felt like a measured risk. A year after coming back and working at Nykaa, I realized that I would never go back to anything but Nykaa.
It was a decision, I didn’t even realize at the time, that would change my life forever. I am lucky to have made that decision at the age of 21, because we have a company that we are very close to.
2020 learnings
One lesson I think about a lot these days is that the world and business have changed dramatically in the last year, and we can’t rest on our laurels.
We never know when business may be interrupted and how things will change around us tomorrow. Fortunately, I have always had a clear understanding that a business can go up and down very quickly.
The past year gave me a keen awareness that we must be prepared to respond constructively in difficult times. I think being a little paranoid about how we should keep up is important.
Experience
| Experience | Nykaa Fashion 9 years 1 month CEO Nykaa fashion | Co-Founder Nykaa Jun 2013 – Present9 years 1 month India CEO of Beauty Retail Jun 2017 – Nov 20181 year 6 months Mumbai Area, India Associate Consultant Bain & Company Jul 2012 – Aug 20131 year 2 months Greater New York City Area Consulted financial services firms on operational efficiency projects. Institutional Equities Summer Analyst Morgan Stanley Jun 2011 – Aug 20113 months Greater New York City Area Focused on Emerging Market Equity Derivative Sales and Trading Investment Banking Division Summer Intern Citi Jun 2010 – Jul 20102 months London, United Kingdom Part of the Industrials Investment Banking team Summer Intern CARE Jun 2009 – Aug 20093 months Tanzania Interned with CARE’s Microcredit initiative – Access Africa. |
Some Facts About Adwaita Nayar
- Adwaita was born into a business family in Mumbai.
- Her father is an investment banker and his mother is a businesswoman.
- Her had a keen interest in human resources and business management since childhood.
- She did a master’s degree from Harvard Business School.
- Advaita’s mother, Phalguni Nair, is the founder of the Nyaka brand.
- She joined Nykaa company in 2017 and took the retail business to the next level.
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FAQ
Who is Adwaita Nayar husband?
Nykaa founder’s daughter, Adwaita, marries Anubhav Gupta in a fairytale ceremony.
Who is the owner of Nykaa daughter?
Adwaita Nayar
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