‘It’s Not A Woman’s Job’ – Well, These Female Entrepreneurs Think Otherwise!
It takes years of hard work to build a business and many more years to establish an empire. When it comes to business, every entrepreneur needs to start somewhere and be ready to face all the challenges. However, when it’s about women entrepreneurs, there are added challenges of facing gender discrimination, male domination and social taboos. The rise of women entrepreneurs in India has proved that females are very much enough to manage a business, or more so, build a million-dollar empire.
Here are the inspiring stories of 5 female entrepreneurs who are still going strong in the business field and fought against all odds to unlocked the key to success:
Richa Kar- Zivame
There isn’t any girl who doesn’t know about one of India’s leading online lingerie stores, Zivame, which grew from a small business to build a team of more than 200 members. Richa had her moment of inspiration when she researched about the Indian lingerie market and realized that a lot of social discomforts exists in the industry. Richa then founded Zivame to help women understand their lingerie needs and get them hassle-free. Zivame has completely revolutionized the Indian lingerie market.
Approx Net value: $13.59 Mn (2018)
Kiran Mazumdar Shaw- Biocon
With a Training in brewmaster from Australia, Kiran Mazumdar Shaw wanted to return to India to pursue a job, but she was immediately told that though she has all the required qualifications, this is not a women’s job. Kiran then decided to start her own venture and decided to start it all from scratch. Shaw, along with Ireland-based Biocon Biochemicals, launched Biocon India; cut to today, Biocon is one of India’s largest biotech companies making Kiran Shaw India’s first self-made Indian female billionaire.
Approx Net Value: $4.4 B (2019)
Falguni Nayar- Nykaa
When it comes to buying beauty and wellness products, everyone turns to Nykaa, all thanks to Falguni Nayar. She worked for 20 years as an investment banker with Kotak Mahindra before she left the job to pursue her dreams of becoming an entrepreneur. Offering more than 850 brands, Nykaa is going strong in the e-commerce sector and has also introduced 35 physical stores. Nykaa has become the go-to platform for beauty. Falguni Nayar, an IIM Ahmedabad graduate, has changed the face of the Indian beauty market.
Approx Net Value: $1.2 B (2020)
Malini Agarwal- Miss Malini
Malini Agarwal started on a couch and followed the path of becoming a host, a digital influencer, the best selling author and finally, an entrepreneur. Malini indeed has come a long way. She started her own company – Miss Malini, and there isn’t any Bollywood personality who doesn’t know about her company which covers all the latest entertainment and fashion news. The platform not only caters to the Indian audience but also has viewers from Australia, UK, South Africa and Canada.