When in India someone says that a business is going very well, people usually imagine a man as the owner of that business. But when they come across the reality that a woman in running that successful business then then all become a silent audience.
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In old times people used even criticize the women’s family. But the time is changing they are now not confined to the boundaries of a house to do household jobs only now they doing both business and household jobs efficiently and effectively.
Today let witness some the great women who are contributing towards the new age India in term of business.
Radhika Ghai – Co-Founder of Shopclues
The E-commerce industry is predominantly dominated by male-established giants such as Amazon, Flipkart, Snapdeal, and other similar platforms. Thus, it is no small achievement for Radhika Ghai, the Co-Founder of Shopclues, to have earned her spot as the only female entrepreneur among them.
In 2012, while pursuing her MBA in the USA, Radhika expressed her desire to explore e-commerce setup in India. Following the unyielding encouragement from her partner Sandeep, she bravely returned to her country, ready to compete against major e-commerce platforms despite uncertainties arising from the arrival of Amazon.
Such a move was indeed thrilling for Radhika.
Despite having significantly less initial capital compared to their competitors, Radhika and Sanjay Sethi founded Shopclues as a marketplace linking buyers and sellers. Their innovative platform soared to unicorn status with a valuation of US$1.1 billion in just five years.
In 2019, Shopclues was acquired by Qoo10, a Singapore-based e-commerce company.
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Vani Kola – Founder of Kalaari Capital
Launching a start-up is already a challenge for female entrepreneurs, but identifying the investment potential of their ventures is an even greater task.
Vani Kola, however, has demonstrated her expertise in managing both aspects of entrepreneurship. With a successful career spanning more than two decades, she returned to India in 2006 after achieving success in the Silicon Valley.
Her objective was to explore the venture capitalist market and familiarize herself with the start-up ecosystem in the country.
Despite a lack of certainty and vitality in the market, Vani conducted extensive market research and identified several promising start-ups that had the potential to shape the future and contribute significantly to her portfolio.
Aditi Gupta – Founder & Creator of Menstrupedia
In contemporary society, menstruation continues to be perceived negatively. The unfounded beliefs and disapproving attitude surrounding it exacerbates the unsanitary conditions faced by women and young girls.
Aditi Gupta sought to overturn this social taboo and impart scientific knowledge to young girls. She achieved this goal by creating Menstrupedia, a highly regarded comic book guide.
Gupta understands the sensation of shame that accompanies any mention of periods, as she herself experienced it during her formative years.
She recognized that this is a widespread phenomenon that affects over 120 adolescent girls on a daily basis. Thus, in 2012, Gupta and her now-spouse and business partner, Tuhin Paul, established Menstrupedia.
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Hemalatha Annamalai – Founder & CEO of Ampere Electric Pvt. Ltd
Prior to Elon Musk’s electric vehicle revolution being witnessed by the world, Hemalatha Annamalai, a driven software engineer from India, had initiated a small revolution of her own. Annamalai, who had established a successful HR consulting firm, Uni Connect, in Singapore, relocated with her family to India in 2008 to establish Ampere Electric.
The concept was born in 2007 when Annamalai and her husband, Bala Pachyappa, attended a conference in Japan where one of the speakers predicted that electric mobility would be the primary mode of transportation in the future.
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Falguni Nayar – Founder and CEO of Nykaa
The conventional notion is that a woman is expected to either quit her job once she has children or focus on her career only after they are grown up. However, Falguni Nayar did not conform to these stereotypes.
Despite having a successful career in the corporate world for over two decades, she launched her own venture Nykaa at the age of 49.
Having been brought up in an environment that fostered entrepreneurship, Falguni Nayar imbibed the nuances of business and networking from an early age under her father’s guidance.
After cementing her professional career with Kotak Mahindra Group, she embarked on her second innings in 2012 by establishing an e-commerce platform catering to women’s beauty products.
By relying predominantly on a female workforce, Nykaa achieved remarkable growth by establishing itself not only as a prominent e-commerce platform, but also by successfully opening over 80 physical stores in 38 cities.
With a wide-ranging assortment of 2000+ brands and its own proprietary labels, Nykaa accomplished yet another significant feat.
Through its IPO, Nykaa witnessed an oversubscription of 82.5 times, thereby boosting its market capitalization to INR 1.05 lakh crore and culminating in the self-made billionaire status of Nayar.
She attributes this achievement to the unwavering backing of her family, spouse, and children, without whom this triumphant milestone wouldn’t have been achievable. Know more about her at The Success Story of Nykaa: India’s Premier Beauty Retail Platform.”
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