Suhail Sameer To Step Down As BharatPe CEO
After Vijay Aggarwal, Rajat Jain, and Nehul Malhotra, now Suhail Sammer is reportedly stepping down. These three senior executives left the company last year to pursue their entrepreneurial interests. Suhail Sameer joined BharatPe in 2020 as President. When Grover’s focus shifted to the bank, all the top leaders were asked to report to Sameer. At…
Arvind Agarwal Quits As Nykaa’s Chief Financial Officer
Arvind Agrawal, Chief Financial Officer at Nykaa, the beauty product retailer, resigned from the company. FSN E-commerce Ventures, the parent company of Nykaa, announced this in a regulatory filing on Tuesday. Agarwal is leaving “effective close of business hours on November 25 2022, to pursue other opportunities in the digital economy and start-up space,” the…
Nykaa Founder Falguni Nayar Became India’s Richest Woman
Nykaa’s founder Falguni Nayar overtook Kiran Mazumdar-Shaw and has become India’s richest woman, as per the IIFL Wealth Hurun India rich list 2022, which was unveiled on Wednesday. With a net worth of ₹38,700 crores, she secures 33rd position in the top 100 billionaire list. She is the most successful woman entrepreneur in India and…
Nykaa Concluded Acquisition of 100% Iluminar Media Equity Shares
One of the most prominent beauty eCommerce platforms ━ Nykaa ━ has concluded the complete acquisition of Iliminar Media, the parent company of the digital content platform Little Black Book (LBB). The company has made this deal all in cash, but there is no clarity on the financial contours of the deal yet. On the…
List Of India’s Richest Women- Roshini N Malhotra Is Leading Again
Hurun India, in association with Kotak Private Banking, published a wealthy women’s list. Based on net worth as of December 31, 2021, this annual list of India’s wealthiest women entrepreneurs and business leaders. The list functions as a barometer to understand the progress of women-led wealth creation in India. The collective worth of these 100…
26% Growth In Total Wealth Of Indian Billionaires In FY22
The fiscal year 2021-2022 has showcased nearly 26 per cent growth in the combined income of India’s multibillionaires, which adds up to 750 billion dollars. Toping up the list, there is reliance industries chairman, Mr Mukesh Ambani. His net worth is around $99.6 billion. However, speculations are that the launch of TATA Neu on April…
Leading Female Entrepreneurs in India
Female entrepreneurs in India have been making their identity across all domains and industries. Women have shown their remarkable journey from owning e-Commerce brands, herbal cosmetics to India’s largest biopharmaceutical company. From a few completely new faces like Falguni Nayar, Shehnaz Hussain, Ghazal Alagh to some Bollywood actresses who have turned into entrepreneurs such as…