The BW Disrupt Women Entrepreneur Summit and Awards saw a jury of business professionals from a number of fields, including Aditya Prakash Gupta, Partner at GEMs, recognise India’s female entrepreneurs on Feb. 1. The online beauty platform Nykaa’s founder Falguni Nayar was named as the “Woman Entrepreneur of the Year” at the event.

The jury was chaired by Mahendra Swarup, Founder, Venture Gurukool and the jury members included: Dr. Annurag Batra, Chairman & Editor-in-Chief, BW Businessworld & exchange4media Group, Aditya Prakash Gupta, Partner, GEMs, Dr. Harbeen Arora, Founder & Global Chairperson, ALL Ladies League (ALL) & Women Economic Forum, Harjit Singh, Founder, EB5 USA Services, Mukta N Jain, Chairperson, Confederation of APAC Chamber of Commerce & Industry Women Entrepreneurship Council, Neena Malhotra, Proprietor, Alert Card India, Rajeev Chitrabhanu, Emeritus CEO & MD, JM Financial Services, Tej Kapoor, Managing Director & Head, Fosun RZ Capital India, Subodh Narain Agrawal, Founder & Chairman, EuroMax Capital, Deepak Verma, Former CEO & MD, Aviva Life Insurance, Daksha Bharadwaj, Partner, Bharadwaj, Bharadwaj & Associates, Sudhir Mishra, Founder & Managing Partner, Trust Legal and Petal Chandhok, Partner, Trust Legal.

Nayar launched Nykaa as an online multi-brand beauty platform in 2012. The site has gone on to become one of India’s largest beauty retailers and has also expanded offline with brick-and-mortar retail outlets. The business has also expanded into fashion and, promoted by FSN E-Commerce Ventures Pvt Ltd., is embracing an increasingly omni-channel strategy.

Falguni Nayar, CEO and founder of Nykaa, has been presented with the “Woman Entrepreneur of the Year” award at the BW Disrupt Women Entrepreneur Summit and Awards. Nayar attended the event and spoke with Dr. Annurag Batra, the chairman and editor-in-chief of BW Businessworld and the Exchange4media Group upon receiving her award. Nayar told the story of her brand and thanked the jury.

Other award winners included Neerja Birla, the founder and chairperson of the Aditya Birla Education Trust, who won the “Inspirational Woman Entrepreneur of the Year” award and Lubeina L Shahpurwala, the co-founder of Mustang Socks & Accessories, winner of the “Fashion & Lifestyle Woman Entrepreneur” award.