Nykaa, officially known as FSN E-Commerce Ventures Ltd, is one of India’s most successful and influential beauty, wellness, and lifestyle retail brands. It was founded in 2012 by entrepreneur Falguni Nayar — a former managing director at Kotak Mahindra Capital — with a vision to make quality beauty products easily accessible to consumers across India. The name “Nykaa” is derived from the Sanskrit word “Nayaka”, meaning “one in the spotlight”, symbolizing confidence and self-expression.