top 5 women entrepreneurs

Women are no longer restricted to the private spheres; they have come out and excelled in the fields in which they work. Here are the top 5 women entrepreneurs in India who have taken the initiative and excelled in all areas.

Falguni Nayar: Founder of Nykaa

She is known as the self-made billionaire, and she is not only one of India’s most successful female entrepreneurs, but she is also a great inspiration to all women around the world who are hesitant to begin their employment journey once they reach the age limit set by society.

She founded Nykaa at the age of 50, despite having no prior years of relevant professional experience. She founded Nykaa in 2012 with the intention of providing cosmetics to people of all genders.

Awards:

  • The 2017 Economic Times Start-up Awards “Woman Ahead” honor
  • The Economic Times Award for Corporate Excellence 2019
  • Businesswoman of the Year
  • Vogue India named her among the other selected few as Asia’s
  • Power Business Woman 2019 Businessperson of the Year.
  • Ernst and Young’s Entrepreneur of the Year for 2019

About Nykaa:

Nykaa is an online platform based in Mumbai that sells beauty, wellness, and fashion products in local stores as well as online. It provides its customers with foreign brands from other countries as well as Indian beauty products. It is now recognised as an emerging beauty brand retailer with a strong commitment to growing the beauty retail industry in India.

Because of its size, it has provided a platform for many aspiring business owners to advertise and sell their goods, allowing them to eliminate the need for middlemen. Nykaa has now expanded into a one-of-a-kind fashion platform, offering handpicked fashion items in addition to being a retailer of makeup with over 1500 brands and its own private label that is available both online and offline.

Cover Story on NYKAA and Falguni Nayar

Radhika Ghai: Founder of Shopclues

Radhika Ghai co-founded Shopclues, an online shopping platform, in 2011 with Sanjay Sethi and Sandeep Aggawal. She earned her MBA from Washington University and studied advertising and public relations in PG. Radhika became the first woman to make the Indian unicorn list with the arrival of Shopclues. She is the founder and CEO of Kindlife, a beauty, wellness, and homecare application, and has 14 years of experience in areas such as e-commerce, fashion, lifestyle, and retail.

Awards:

  • “Outlook Business Woman of Worth” at Outlook Business Awards
  • “Woman Entrepreneur of the Year” at Entrepreneur of India Awards
  • “Exemplary Woman Entrepreneur of the Year” at CMO Asia Awards

About Shopclues

Shopclues, based in Gurgaon, is India’s first online market platform, with a current valuation of more than $1 billion. It was founded in 2011 and has over 5 crore products sold by 50K+ merchants across India.

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Upasana Taku: Co founder of Mobikwik

Upasana completed her bachelor’s degree at the National Institute of Technology, Jalandhar, as well as her master’s degree in management science and engineering at Stanford University in the United States.

She co-founded Mobiwik in 2009 with Bipin Preet Singh, after learning a lot while working at PayPal, where she specialized in risk detection, fraud management, user experience, and design.

Awards:

  • The Associated Chambers of Commerce and Industry of India awarded her the “Best Woman Entrepreneur Award” in 2017 (ASSOCHAM).

About:

Mobiwik was founded in 2012 as an Android app aimed at making bill payment easier. Formerly an online portal, Mobiwiki is now more of a mobile wallet. Mobikwik is a platform for nearly 3 million merchants, 300+ billers, and 3 million daily transactions, with approximately 120 million users from all over India.

Kiran Mazumdar: Founder of Biocon Limited India

Kiran Mazumdar, one of India’s wealthy women entrepreneurs and billionaires, had many setbacks during the early stages of her business, but despite these setbacks, she went on to become the founder and Executive Chairman of Biocon at the age of 25.

She graduated from Bangalore University and went on to study Brewer at Ballarat College, Melbourne University. Her experience in fermentation while working in Australia, combined with a loan from Canara Bank, led her to develop bio enzymes. In the decade that followed, she excelled with products such as statins, insulin, and even immune suppressants, prompting her to expand or venture her journey not only in terms of products but also in terms of production.

Awards:

  • Recipient of Othmer Gold Medal
  • Recipient of Padma Shri
  • Listed as the 68th most powerful women by Forbes 2019

About:

It is a $1.11 billion market cap Indian biopharmaceutical company based in Bangalore, India. The company is known for developing the world’s first Pichia-based rh-insulin in India, and its goal is to commercialize recombinant human insulin.

Richa Kar: Founder of Zivame

Richa Kar, co-founder of Zivame with Kapil Karekar, faced numerous challenges in the early stages of her journey. She was born in Jamshedpur and earned her bachelor’s degree and master’s degree from BITS Pilani and the Narsee Monji Institute of Management Studies, respectively.

She believes that having a strong and clear image, as well as being passionate about what you want to do, is critical to an individual’s success. He has always followed this motto and strived for success.

About

Started in 2011, the lingerie application aims to provide customers with not only comfortable inner wear but also comfortable pajamas, boxers, and even housecoats.

Despite the common stereotypes that limit women to the private sphere, these women have risen to the surface.

Each of them has faced a variety of and an uncountable number of difficulties, but they have managed to achieve success. As a result, this should serve as a message to all women out there to pursue their dreams and succeed.

We can only represent each other and expect equal participation in all other aspects of life when we are pushed to our limits.

We hope you have enjoyed reading the journey of top 5 women entrepreneurs of the Great Indian startup ecosystem.

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