India is and had always been a hot favourite destination for trade and business. With favourable climate, affordable amenities and an enormous amount of manpower, India has become a hub for growing commerce day by day. And while it’s prospering from the business front, our Indian women have left no stone unturned to form the foremost out of it.
With minimum to no support women in business have proved that leading a corporation all by themselves isn’t beyond their ken.
In a country like India where a number of the Indian women are much neglected, there are some who have soared higher. because of these powerful ladies, that they need faced struggles, challenges and made their thanks to the highest list of entrepreneurs in India. This has not only helped the society economically but also has done tons in terms of exposing the potential that a lady holds.
Let us see the 11 Successful Women Entrepreneurs In India, who have proved that a lady can rule any world if she determines to.
1. Vandana Luthra – founding father of VLCC
“I’m not VLCC, I’m a neighborhood of the 6000 professionals who run it.”
Education: Polytechnic for ladies in New Delhi
Prior Work Experience: homemaker
Who doesn’t know VLCC?
It is a beauty and wellness giant and has its presence in 11 countries across Asia, Africa and therefore the GCC (Gulf Cooperation Council). it’s widely known for its weight loss solutions and therapeutic approach to beauty treatments. One stop-solution for each beauty related query, VLCC features a staff strength of over 4,000 professionals, including medical doctors, nutritionists, physiotherapists and cosmetologists, and having served over five million consumers (including repeat consumers).
The founder, Mrs. Vandana Luthra, is awarded the Padma Shri in 2013 for her contribution and is listed because the 33rd most powerful woman in business in India by Fortune India, in 2015. along side these accolades, she was also appointed because the Chairperson of the sweetness & Wellness Sector Skill Council by the Indian government. Furthermore, she may be a General Body Member of the New Delhi-based Morarji Desai National Institute of Yoga. The committee and therefore the Sub-Committee formed by India’s Ministry of Skill Development & Entrepreneurship on the Pradhan Mantri Kaushal Vikas Yojana also has her as a lively member.
But nothing happens in at some point . Vandana and VLCC didn’t happen overnight. A homemaker initially, Vandana started her journey in 1989 when the primary of her two daughters was only 3 years-old and today a grandmother to 3 kids, Vandana still lives her dream.
Remembering her days of struggle she says, “When I started, there have been hardly any women entrepreneurs in India. it had been a male-dominated environment. I had to face tons of criticism, tons of individuals tried to make sure that I didn’t succeed and grow. the sole thing I believed in was that my concept was unique, unusual and it had been being introduced in India for the primary time.
It took me an honest five to 6 years to convince the medical fraternity to know that wellness was a bigger domain and it required the collaboration of beauty, health and fitness experts; in other words a cosmetologist, a nutritionist, and a doctor. Eventually, I did manage to convince them”.
2. Suchi Mukherjee – Founder & CEO of Limeroad
“You got to begin with basics and device an idea to affect teething issues.”
Education: Economics and Finance from London School of Economics
Prior Work Experience: Lehman Brothers Inc, VirginMedia, eBay, Skype, Gumtree
Suchi, a lady of substance, always envisioned of building and growing businesses that are focused on simple yet in-demand consumer products. it’s said, that the thought of Limeroad came to her, while she was on her Maternity leave.
She began the journey of creating Limeroad, in 2012 along side Manish Saksena, Ankush Mehra, and Prashant Malik. the corporate has now raised a funding of $20 Million from Lightspeed venture partners, Matrix Partners and Tiger Global. Limeroad features a strong team of 200+ IIT-techies to NIFT-design geeks. It has 1.5 million scrapbooks posted by users thus far , and 100,000 scrapbooks made per day. Their Gross Merchandise Value (GMV) has also grown by a huge 600% since their launch.
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Nevertheless, Suchi and her associates had to face numerous challenges like, finding the proper people to create a solid team which features a combination of skill and can-do attitude, getting the proper quite infrastructure. Amongst the N-number of hurdles like complex bank processes, net gateways for the payment methods and refunds, delivering unique products at a cheap price, the foremost troublesome part for Suchi and her team was to partner with vendors to make sure a sustained stream of products. the prevailing eco-system for the professionally trained vendors may be a daunting task so far . But as she decided to realize what she had dreamt of, nothing could hold her back.
3. Richa Kar – Co-founder of Zivame
“If you’re strong, focused and hooked in to what you would like to try to to , everything falls into place.”
Education: Narsee Monjee Institute of Management Studies
Prior Work Experience: SAP, Spencer’s Retail Ltd.
Richa is that the proud founding father of online lingerie store Zivame, which springs from a Hebrew word ‘Ziva’ which suggests radiance and Zivame stands for a ‘radiant me’. She has practically changed the way women wont to think and buy their inner wears. Zivame has been successful in educating Indian women across the country about intimate wear.
Richa, who bravely removed the shyness from lingerie and added a fashion element thereto , grew up in Jamshedpur and completed her engineering from BITS Pilani. She worked briefly within the IT industry and later acquired Masters’ degree from Narsee Monjee Institute of Management Studies in 2007. then , she worked with a retailer and global technology company.
So what made her encounter this unique idea of selling female inner wears, online, that too during a conservative country like India. When asked, she says, “It was around March once I realized that there’s a high surge in orders during Valentine’s Day sales period. Almost 1 / 4 of the lingerie maker’s sales were generated online”.
Once the thought struck her, there was no looking back. With an initial investment of rupees 30 Lakhs, from friends and family, Zivame.com went online. She did face tons of apprehension and discomfort while explaining her business idea to her family et al. . But she decided to rise in particular , which she certainly did.
4. Falguni Nayar – Founder & CEO of Nykaa
“I am building Nykaa to possess a lifetime of its own.”
Education: IIM A
Prior Work Experience: Temasek, Kotak.
Think of a lady who is an IIM-A alumnus, a former MD Of Kotak Mahindra Capital Company, mother of two and a fifty-year-old. Now place yourself in her shoe, would you wish to launch a dynamic e-commerce business or lead a complacent life ahead?
Some women won’t, just like, Falguni didn’t. because it is rightly said, it’s never too late, Falguni quit the work at Kotak where everything was going absolutely right, to become the successful beauty entrepreneur.
Today, Nayaka sells quite 35,000 products from 650 brands, both international and Indian, luxury and mass, and is consistently adding new labels to its stock. consistent with the news, ‘ TVS Capital invested about Rs.25 crore and that they have also got Rs.60-crore Series C fundraising may be a clutch of investors, including high net-worth individuals, non-resident Indians (NRIs) and family offices.’ Also, it receives 15,000 orders each day , mostly from consumers between the ages of twenty-two and 35.
5. Vani Kola – Founder & director of Kalaari Capital
“Having an excellent work culture isn’t an option – it’s a necessity”
Education: Arizona State University
Prior Work Experience: Certus Software, Rightworks
I bet, many of you almost certainly won’t know this lady alright . Vani Kola is that the one who features a solid reputation for selecting the simplest young minds and mentoring them to create successful enterprises. Ever wondered where did the investment for the startups like Snapdeal, Myntra, VIA, Apps Daily, Urban Ladder, Zivame, Power2SME, and Bluestone, come from?
Well, she is named the “ The Mother of Venture Capitalism in India”. consistent with her own websites, below are the 5 things to understand about her,
It took her 2 months to make a decision to maneuver back to India even after spending 22 years within the US.
Her daughters are her inspiration.
Being during a profession of high intensity, she must maintain her stance and she or he does so by meditating.
While many are appearing for his or her SSC at the age of 16, she enrolled for the engineering degree.
Only studies were never her goal, she has climbed Mt. Kilimanjaro and also completed multiple marathons.
This woman is profiled in numerous books and has been identified together of the Fortune Most Powerful Women in Business. She has been a successful entrepreneur in Silicon Valley for 22 years and now works with first-time entrepreneurs to create strong global companies. She focuses on technology companies, leveraging India’s domestic growth to make high growth enterprises.
The name Kalaari capital is sourced from Kalaripayattu, which may be a sort of martial arts which was originated in Kerala. this type is understood for its power, artistry, creativity, collaboration, focus and rapid, soaring movements. With a complete of 55 investments and around 2,000 proposals a year, Kalaari Capital has become India’s leading investor in early-stage businesses. It not only invests but also takes care of the entrepreneurs under them throughout every aspect of growth and leads them to success.
Not fearing the failures, stereotypes and marching towards the success, Vani says, “The cliché is true; Silicon Valley may be a vibrant place filled with ideas and possibilities. once I started my very own company (Right Works Corp), i used to be willing to simply accept failure.”
6. Pranshu Patni – Co-founder of Culture Alley (Hello English)
“Women got to very show the investors that they’re committed to their plan and wish to let the merchandise represent itself”
Education: Narsee Monjee Institute of Management Studies
Prior Work Experience: Wipro
The startup launched its English learning application in October 2014. In eight months English app has seen 3 million installs on Android from India. they need recently raised $6 million from Tiger Global and Kae Capital.
Learning an alien language isn’t a simple but an important task, a minimum of when it’s the necessity of an hour. this is often what Pranshu realized, when her husband, had been to China for an exchange program. Since he was a vegetarian, it had been a mandate for him to find out basic Mandarin, so as to elucidate the locals about his eating preferences.
This idea got her thinking and analyzing to the extent, where she decided to go away her job and specialise in her entrepreneur dream, founding (CultureAlley is that the parent company) Hello English. Pranshu and her team since then did an in depth research on the thought and initially thought of making an app that would help people learn different foreign languages. But something changed her mind.
Read: 21 Women Share How They Overcome Entrepreneurial Challenges – Part 1
Digging out the numbers she says, “One billion people from everywhere the planet attempt to learn a far off language every year; about 60 percent are learning English”. Hence, they developed a free app that would help native Indian speakers learn English within the best way possible. The team employed language experts from Oxford University for help with the app also as local experts who specialized in each of the languages supported by Hello English. As a result, the app was developed from the user’s perspective. With 475 interactive lessons and games related to reading, writing, speaking, and listening, it also features a dictionary , available in 22 languages.
Pranshu and her idea have bagged a few of badges to prove her excellence. Most prominent ones are
2015: Listed as Forbes India’s 30, under 30 achievers for creating an app that’s one among the highest 10 educational apps within the world
2014: Received the foremost Innovative Mobile App for India Award from the web and Mobile Association of India
2016: Received the foremost Innovative Mobile App for India award from the web and Mobile Association of India (IAMAI).
2016: Best Apps of 2016 in ‘Made in India’ category by Google Play Store
2017: Number #3 Educational app on Google Play Store in India.
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7. Shradha Sharma – Founder & CEO of YourStory
“When you recognize you’ve got to defend yourself every inch of the way, it gives you a special quite grit and tenacity”
Prior Work Experience: CNBC TV18, the days Of India
How well does one handle negativity?
How well have you ever faced the adversities in your life?
These reflections are what has made Shradha Sharma, the successful lady she is today. With a singular idea of enterprising the storytelling concept, Shradha has mastered the art like nobody else. In her interview, she emphasizes on the below three points,
- Most of our defining moments in our lives are shaped by adversities we face and overcome. they’re going to still shape who we are. Let’s embrace adversity.
- I even have a story. you’ve got a story. Everyone features a story. Be bold and share your story. If you’re not proud of your current story, plow ahead and alter what you would like to vary to form a far better story.
- Let’s start listening and learning from stories of others, people that have faced and overcome adversities. they’re going to help us think better and successively , shape our own stories during a powerful way. we’ve 15,146 plus stories right our website if you’re trying to find a start line . Let’s Start, it.”
A girl from the town of Patna, who was raised during a broken and dysfunctional family, having a minimum network , is today marshaling the stories seeing from an utterly diverse background.
8. Upasana Taku – Co-founder of Mobikwik
“Kick up a storm or die trying”
Education: Stanford University
Prior Work Experience: Paypal, Zaakpay, 2020 Social
Kashmiri by blood and having Gujarat as school , Upasana has relentlessly fought her thanks to the highest . She worked on her marriage day, she shared home-cooked meals with the team of 5, gave up the luxurious lifestyle, patiently ignored to the gender bias and faced multiple challenges only to offer back to her homeland. Of course, she had the entrepreneur calling from within her but also wanted it to be within the best interest of others too.
She left a promising career within the Silicon Valley , only to offer financial access for the underserved, in her country. There was no looking back until she founded MobiKwik along side her husband in 2009.
Speaking about her company, she says, “MobiKwik was very simple and need-based. We launched MobiKwik as a recharge platform and, soon, it became the mobile wallet of each Indian. I pride oneself in saying that MobiKwik was the primary mobile wallet of India. We are quite bit contingent the trivial amount for either change or paying for mobile recharges. With the invention of MobiKwik, one can easily do these payments without fear about the particular cash. Your phone hence acts like your wallet.”
Further speaking about her journey she says “Tenacity is vital . once you start something new, the ecosystem doesn’t accept you easily, people say no. It took us 10 months to urge the primary bank on board for wallet loading, while the other happened in 15 days. It took us 3-4 months to urge our first few top merchants in 2014. Within 3-4 months we closed eBay, Domino’s and other large merchants. All because I persisted tight.”
9. Shahnaz Hussian – CEO of Shahnaz Herbals
“ you do not need to change state as beautiful, you’ve got to accumulate it.”
“I believe that one should never stop trying because that way, you can’t fail. i think that nothing is impossible. you’ll be what you’ll yourself to be. you’ll make your own destiny.”
Education: La Martiniere Lucknow, La Martiniere Road
Shahnaz was married while she was an adolescent and also became a mother soon. Remembering the time she says, “When I turned 16, my daughter was a month old. She was sort of a little toy doll to me then , as she grew older, we became best friends too. She attended grade school and that i enrolled in senior school. We shared everything.”
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But she always knew she wasn’t getting to be a housewife only, all her life. She fought against all the chances and ultimately became a brand in herself. She is understood because the “Queen of Herbal Beauty Care” and was awarded Padma Shri by the govt of India in 2006. She is that the most prominent businesswoman in India, who has her business running over 138 countries, which has around 600 franchises and associated clinics across the planet .
As it is rightly said, only dead fish goes with the flow, Shanaz never let the challenges overcome her aspirations. She studied beauty even after her marriage, managing all the task of a wife, mother, and daughter-in-law. When she was 27, she shifted to Tehran together with her husband. She slogged and worked extremely hard to urge employment as a Beauty Editor of Iran Tribune. it’s said that she would write of every topic one could consider and managed to offer 10,000 words every week , which was much more than the expectation (500 words).
While she was specializing in cosmetology and trichology, she addressed numerous skin disorders and came to understand that the majority of them were a results of the inclusion of synthetic products. that’s when Shahnaz thought that she would start a herbal clinic.
With a minimum investment of rupees 37,000 from her father, she started her salon within the veranda of her house in Delhi, in 1977. Fortunately, she had her technology from abroad and was ready to fly.
With a completely new concept of “care and cure”, along side the formulation of her own Ayurvedic products, she began with Shahnaz Herbals Inc.
10. Sairee Chahal – Founder & CEO of SHEROES
“I was faced with questions like are you able to do it? Gladly, things are changing and now, they will see me doing it”
Education: IMT Ghaziabad, Nehru University
Prior Work Experience: Heidrick and Struggles, CII
CEO and founding father of Sheroes, Sairee isn’t only an idea for other women but also has strived hard to form an immediate impact by finding jobs for them. She may be a finalist for the Cartier Women’s Award Initiative for 2012, an Aspen Fellow, nominated for the Editor’s choice for L’oreal Femina Women’s Award, featured in India Today and a mother isn’t content to rest on her laurels. She is consistently walking on the roads of a mutual growth of girls and towards their complete inclusion within the workplace.
Sairee says in Tech in Asia during a recent interview that, “The idea for Sheroes came from the observation that i used to be surrounded by numerous women who had left their career options behind for social responsibilities [such as raising a family]. I just want to point out them that this doesn’t got to be the top of the road.”
Sairee, who may be a former journalist is currently holding a “Sheroes summit” in major Indian cities to attach women professionals with businesses. She further adds, “The push toward a Digital India may be a watershed moment for all educated women within the country. Digital access may be a boon to those that cannot engage during a typical 9-to-5 job yet wish to continue their careers.”
Her robust initiative has helped over 1,000,000 women across the country, from various background. Sheroes is getting used by as many as 2000 corporates, having the presence in 65 cities. consistent with Nasscom, there was a 50 percent increase in women joining the start-up ecosystem over last year.
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Sheroes isn’t only about finding jobs, it’s tons quite that. it’s a community altogether, where a lady is safe, liberal to talk her mind out, can search for help from the experts, read and be told about every aspect of life and connect with many ladies like her, who are sailing on an equivalent boat.
After researching about these fabulous ladies, reading and taking note of their success stories, I feel convinced that a lady doesn’t need any support to become something. She has it all, just one thing that must be done is to start out the journey, never losing hopes!