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cousins Adi and Nadir, who will steer the considered for inclusion in Forbes’ 50 Over
consumer products and agrovet businesses. 50 Global list, which highlights women over
Adi and his younger brother Nadir were 50 who are breaking down gender and age
ranked 21st on Forbes list of India’s 100 norms.
richest tycoons, with a net worth of $11.2 The growth of Nykaa as a brand is
billion. Among the names in the history exemplary. Today, Nykaa is proud to
books of Indian business, Godrej Group sustain over 5 million monthly active users.
Chairman Adi Godrej would prominently It offers over 500 top brands of both self-
feature as one of the finest icons the country care and makeup and 130,000 products.
has seen. Meanwhile, Nadir Godrej is the All these products are available both at the
Chairman and Managing Director of Godrej Nykaa app and offline stores. More recently,
Industries and also chairs agribusiness Nayar revealed the company’s potential
unit Godrej Agrovet. He was awarded the expansion into the wellness sector.
prestigious Lifetime Achievement Award by Nayar took Nykaa public in November
the Pesticides Manufacturers & Formulators 2021, becoming India’s richest self-made
Association of India (PMFAI in 2024. female entrepreneur in the process.
“Ethical businesses and business practices “Dare to Dream” says the irrepressible
was another big theme for the family, and beauty boss. Kudos to this enterprising
that certainly continues. That’s the ethos of young Indian!
our founders that continues.”
48 Leena Tewari, 67, Industrialist
47 Falguni Nayar, 60, Entrepreneur With a net worth
The Nykaa story of $3.2 Billion in
is intriguing more 2024, Leena Tewari
so because it aptly is India’s sixth
defines the proverb wealthiest woman,
‘Better late than according to Forbes.
never!’ She is chairperson
In 2009, at 46, of USV India, one of India’s top five
Nayar aspired to start a company. She got cardiovascular and diabetic medicines
a few ideas in 2011, including establishing companies which was founded by her late
a multi-brand e-commerce company. As grandfather Vithal Gandhi.
a result, she took the risk of leaving a Under Tewari’s strategic vision, USV
comfortable and lucrative job as a Managing ventured into manufacturing, including
Director in the Kotak Mahindra Group in a notable partnership with Revlon. A key
2012. development in USV’s growth was the
In 2024, Falguni Nayar was recognised acquisition of the German generics company
for her achievements in a number of ways, Juta Pharma in 2018, a feather in Tewaris
including being named one of India’s top cap driving the global expansion of the
self-made entrepreneurs by IDFC First company.
Private Banking and Hurun India. The media-shy pharma queen is a veritable
Nayar was listed on Forbes India’s list of queen of hearts, coming in at number
self-made women billionaires, and was also three for her philanthropic work. Her
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