The women entrepreneurs of India have established a coin of their ability in the country as well as in the whole world. The companies started by them are seen all over the world today. The women of India have achieved this position by coining the correct definition of the word self-reliant. This is really some motivation for everyone. Come, know about the success stories of women entrepreneurs of India.
Who are women entrepreneurs?
Women entrepreneurs are women who organize and manage an enterprise, especially a business. Women’s entrepreneurship in America was witnessed by the whole world during the 20th and 21st centuries. After that many women entrepreneurs of India have illuminated the name of India with their vision and products all over the world.
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General Features of Women’s Entrepreneurship
The general characteristics for a woman entrepreneur in India are as follows:
- More low-income women are more likely to become entrepreneurs.
- Women with small facilities are likely to become entrepreneurs.
- Most of the spinsters face difficulties in getting financial assistance to start their venture.
- Large numbers of women enter the field of business with little or no education and training.
- Many women become entrepreneurs because of economic necessity.
- Honesty and hard work of women is the reason for stability and development.
- Women entrepreneurs are security oriented rather than growth oriented.
- Most of the women prefer stabilization of income and minimization of risk.
- Women’s business ventures lack working capital, leading to low profit margins.
Top 8 Women Entrepreneurs in India
There are so many entrepreneurs in India who have won a lot of praise in the world. The women entrepreneurs of India have also increased the value of India in the world. These women entrepreneurs have brought their business to heights in a short span of time. Let us read in detail about those women entrepreneurs of India.
Falguni Nair (Nykaa)
Falguni Nair, an IIM-A alumnus and ex-MD of Kotak Mahindra Capital Company, has made a mark in the world with her business Nykaa. According to the November 2021 report of the Bloomberg Billionaires Index, the market cap of Nykaa has crossed INR 1 lakh crore. Nykaa was listed at Rs 2,018 at a premium of around 80 per cent, which is a record in itself. Post listing, the shares hit a level of INR 2,248 and finally closed at INR 2,208. Nykaa will spend the proceeds of the IPO on opening more stores in the country.
Nykaa was founded by Falguni Nair in 2012. Today more than 1,600 people work in Nykaa. Nykaa has emerged as the largest beauty retailer in India with a portfolio of over 1,500 brands including its own private level.
Vandana Luthra (VLCC)
VLCC was started in 1989 as a beauty and healthcare center in New Delhi by Vandana Luthra, a woman entrepreneur from India. Initially VLCC focused on dietary modification and exercise regimen-based weight management programs. VLCC has expanded its empire to 11 countries in Asia, Africa and GCC (Gulf Cooperation Council). VLCC is popular all over the world for its weight loss program and beauty treatments. According to the latest Owler.com report, VLCC has more than 3,000 employees. Vandana Luthra was awarded the Padma Shri in 2013 and was listed as the 33rd most powerful woman in business in India by Fortune India in 2015.
List Mukherjee (Limeroad)
List Mukherjee started Limeroad in 2012 along with Manish Saxena, Ankush Mehra, and Prashant Malik. Limeroad is the first women’s social shopping website that offers a wide range of clothing and accessories related to women, men and kids.
Limeroad has raised $20 million (INR 150 crore) funds from Lightspeed ventures partners, Matrix Partners and Tiger Global. Limeroad has a strong team of 200+ IIT-techies for NIFT-design geeks. It has 1.5 million (INR 15 lakh) scrapbooks posted by users so far, and 1 lakh scrapbooks are created per day. Their Gross Merchandise Value (GMV) has also gone up by a massive 600% since the launch.
Richa Kar (Zivame)
Richa Kar is the founder of online women’s clothing store Zivame. In 2011, Richa started Zivame with all her savings and INR 35 Lakhs on loan from parents and friends. Zivame employs more than 200 people and Zivame has more than 50 clothing brands available. Zivame provides its services all over India. Zivame has a net worth of $13.59 Million (INR 100 Crore).
Vani Kola (Kalaari Capital)
Vani Kola founded Kalaari Capital in January 2011. Kalaari is a venture company investing in technology related companies in India. Kalaari Capital focuses on investing in companies in the IT, mobile, healthcare, software products and services, e-commerce, media and clean technology sectors.
Pranshu Patni (Hello English)
In October 2014, Pranshu Patni launched an app called Hello English to teach people the English language. Over 3 million (30 lakh) installations have come on this Android app from India in just 8 months. Pranshu Patni also raised $6 million (INR 45 crore) from Tiger Global and Kae Capital shortly thereafter.
Upasana Taku (MobiKwik)
Upasana Taku and her husband Bipin Preet Singh started MobiKwik in 2009. Upasana has worked in big firms like HSBC and PayPal before starting her own company. MobiKwik currently has a unicorn valuation and has a valuation target of $1.5 – $1.7 billion (INR 11,250-12,750 crore) by 2022.
Shayari Chahal is a successful woman entrepreneur from India. She owns a company called SHEROES which is the world’s largest online ecosystem for women, which was established in 2014. One can buy fashion, daily life related items from SEROES. Shayari Chahal is currently on the board of directors of Paytm Payments Bank and Milaan Foundation. Shayari from JNU M Phil and from IMT Ghaziabad PGDM have also done. According to Owler.com, the annual revenue of SHEROS is USD 2 Million (INR 15 Crore).
Kalpana Saroj is the first woman entrepreneur of India. Kalpana is the chairperson of Kamani Tubes.
Today, there are many such women entrepreneurs in our country who have touched the heights of their ability today – like Indra Nooyi, Indu Jain, Kiran Mazumdar-ShawChanda Kochhar, Neelam Dhawan, Ritu Kumar etc.
Women entrepreneurship is considered as an important instrument of economic progress of any country. Women entrepreneurs not only make themselves self-reliant but also create employment opportunities for others.
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Achieving them by dreaming is a sign of successful entrepreneurs. Hope you got information about women entrepreneur of India from this blog. If you want to do course related to entrepreneurship abroad, then our Leverage Edu from the experts of 1800 572 000 Call us and book a free 30-minute session today.