As Nykaa made its stock market debut, Founder Falguni Nayar said, "I started Nykaa at the age of 50 with no experience in retail or technology or beauty or fashion." "I hope the Nykaa journey, an Indian-born, Indian-owned and Indian-managed dream come true, can inspire each of you," she added. The 58-year-old became India's richest self-made female billionaire, Bloomberg reported.