Women entrepreneurs were mostly overshadowed under the popularity of businessmen due to tough competitions and more no of men entrepreneurs in the sphere.
In the solid world, Women entrepreneurs were usually ignored by the people and remained underrated for a longer time.
But today, their brightness can’t be hidden under the cloud of darkness.
The hard work and continuous effort paved the way for success for them, and today we can see the successful women entrepreneurs footprints in the corporate world.
India also faced the above issue, but women entrepreneurs found her way to beat the beliefs through her arduous work.
Let’s know about some famous successful women entrepreneurs in India for their startup businesses.
List of Successful Women Entrepreneurs
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Kiran Mazumdar Shaw: The Founder of Biocon Limited
Kiran Mazumdar Shaw is a self-made billionaire entrepreneur, having a hopping of US $3.1 billion (January 2020).
She is a famous and successful women entrepreneurs for her startup business Biocon in India related to pharma sector.
She showed her interest to study fermentation science, which was out of the league and a very non- traditional field for women in India.
But, Kiran Mazumdar went to Melbourne University to study brewing and malting related to fermentation science and earned the degree as a topper of the class in the year 1975.
Kiran Mazumdar returned to India after a successful career in the industry from Biocon Biochemicals Limited and started her own business with a seed capital of Rs 10,000.
Initially, she found a lot of difficulties because of her gender and her unique business style. She wasn’t able to find good employees for her startup business. Mazumdar faced difficulties related to technological challenges, poor infrastructure, power supply, research equipment, skilled workforces related to the industry, and many more thing.
But her continuous effort evolve Biocon from the enzyme manufacturing industry to the fully functional bio-pharmaceuticals company. Biocon becomes the first Indian company to get funding from the USA in the year 1989.
In 2010, she was recognized as the “100 most influential people of the world” by Time Magzine. With a donation of $10 million in 2019, she was ranked #2 Women Philanthropy by Hurun India Philanthropy List 2019. Kiran Mazumdar Shaw is a successful women entrepreneur that you need to follow.
Richa Kar: The founder of Zivame
“As an entrepreneur, you have to hire the right, and you have to retain talent”
Richa Kar is one of the successful women entrepreneurs in India for founding a million dollar startup business that is Zivame.
Richa Kar is an engineering student from one of the best colleges in India that is Birla Institute Of Technology and Science (Pilani).
After graduation, Richa worked in 2 companies (Intergraph, I-Flex solution) and joined SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) for MBA in the year 2005.
|1998-2002||BE Student||Birla Institute of technology and Science.|
|2005-2007||Management Student||SVKM’s Narsee Monjee Institute of Management Studies (NMIMS)|
|May 2007- June 2008||Manager- Brand communication||Spencer’s Retails|
|July 2008 – March 2010||Area Manager||Spencer’s Retails|
|March 2010- June 2011||Consultant- Business Process||SAP|
|July 2011 to 2017||Founder/CEO||Zivame|
While working on a project in SAP firm with a famous international lingerie brand, she knows how the lingerie market was underrated and underestimated in India at that time.
Thus for learning more about it, she started to research about the lingerie market in India, she found that:
- It was considered a taboo to talk about lingerie.
- Women and girls find awkward while buying lingerie.
- Most of the girls and women don’t know about it.
Richa Kar knows that only technology can solve the above-mentioned problem. Therefore, she started Zivami as an online retail shop for Lingerie.
With great success, Zivami net revenue in the financial year 2019 is RS 140 crore.
Pioneering in an untouched market shows her passion and brilliance to conquer the market by removing the taboo in India is truly an inspiration.
Vandana Luthra: The Founder of VLCC
Vandana Luthra is a famous and successful women entrepreneurs, who received the Padma Shri award (4th highest civilian award in India) for her contribution to the trade industry in India.
She was listed in the Fortune magazine’s “50 most powerful women in business in India” continuously during the year 2011 to 2015. She received many awards for her excellence in business like the Asian Business Leaders forum trailblazer award in 2012, the Enterprise Asia Women Entrepreneur in the year 2010, etc.
She was born in Delhi in 1989. During her childhood, Vandna was motivated to become an women entrepreneurs by her parents to enhance people’s lives as her mother was running a charitable initiative (Amar Jyoti).
For getting the knowledge about skincare, beauty, food, and nutrition, she went to Europe after Graduation in New Delhi.
After learning all the things about skincare, beauty, food, and nutrition; she founded the VLCC in 1989, which initially offers beauty solutions and weight management.
She is a member of the Amar Jyoti charitable trust, which educates more than 800 students with or disability. Vandana Luthra is also the vice president of Kushi NGO, which provides midday meals to the children.
According to CNBC 18, Vandna Luthra and her family’s net worth are Rs 1,300 crore.
Shubhra Chadda: The Co-Founder of Chumbak
Shubhra Chadda is the co-founder of Chumbak, which is now a successful women entrepreneurs of India who sell her with her husband to start the Chumbak startup business.
The revenue of Chumbak in 2017 is Rs 41 crore, which is pretty good for the online lifestyle startup business.
She got a bachelor’s degree from Mount Carmel colleges in Commerce and a Master’s degree from Bharatiya Vidya Bhavan in public relations and advertising.
Before founding Chumbak, she worked in 4 companies for 8 years approximately in the marketing section.
Lastly, the dream of Shubhra Chadda and her husband is to make Chumbak, a lifestyle Indian born brand recognized internationally. We can see that success started to follow young women entrepreneurs.
Falguni Nayar: The founder of Nykaa
Falguni Nayar in an MBA graduate student from the most prestigious college of India that is Indian Institute of Management, Ahemadabad.
After learning about her vast experiences in different fields, a successful women entrepreneurs also feel motivated and started to follow her way.
After completing her MBA program, she joined various companies in many positions.
Her areas of experience are motivating, some of them are:
- Manager at A F Ferguson & Co from May 1985 to Dec 1993.
- Head of International business in Kotak Securities from 1994 to 2001.
- Director and Head of Institutional Equities Business from 2001 to 2007.
- Managing Director in Kotak Investment Baking from Dec 2007 to March 2012.
Approximately after 25 years of experience in the corporate world, She finally started Nykaa.com in April 2012, as a retail shop for beauty, wellness, and fashion products.
Falguni Nayar is a successful women entrepreneurs having a net worth of Rs 230 crore in 2017.
Vani Kola: The Founder of Kalaari Capital
Vani Kola is famously known for founding the Kalaari Venture capital, which invests funds in the early stages of the Startup business.
After completing her master’s degree in electrical engineering from Arizona University, she started to work in the startup business hub in the world, which is also known as Silicon Valley.
From her start, Vani Kola is a successful women entrepreneurs who founded 2 startup businesses in Silicon Valley before founding Kalaari Capitals.
1st one is RightWorks which is an e-procurement company acquired by ICG and lastly to an American software, and 2nd one is the Certus software consultancy company.
After coming to India in 2006, she started a joint venture firm “IndoUS Advisors (IUVP)” with New Enterprise Associates (NEA) and in 2012 the firm is rebranded as Kalaari Capitals.
Her hard work and dedication lead and grows the Kalaari Capitals and currently, the Asset Under Management Under Kalaari capital is $650 million.
Therefore, we can say that Vani Kola is a successful woman entrepreneur for her startup businesses, which provides funds to the new emerging startup businesses in India.
Shraddha Sharma: The Founder of YourStory
Shraddha Sharma, a small-town girl from Bihar state, becomes the voice of unknown and untold startups in India.
During her childhood, she always listened to the taunt regarding her gender that she is a girl and her parents need a lot of money for her marriage.
She ignored all the taunt of society and worked hard to become a successful women entrepreneur through her startup business Yourstory.
While working as a journalist in CNBC TV18 and Times Of India, Shraddh meets with many young entrepreneurs working hard for their startup business, but no one could tell their story the world.
She also approached her colleagues to talk about the coverage of young entrepreneurs. But all of her colleagues rejected the idea as it will not help them to earn money for the company.
Therefore, she started writing about the new and unknown startup businesses as a blog in the night time.
Shraddha started the Youstory startup business with the seed funding of Rs 2 lakh and funded it for continuously 7 years.
In 2015, the hard work shows the result and Yourstory got the funding from some famous and respected industrialist, businessman and venture capitalists like Mr. Ratan Tata, Vani Kola, Mohandas Pai, etc.
Shraddha Sharma received many awards like L’Oreal Paris Femina Award’ in 2015, Villgro Journalist of the Year Award in 2010, LinkedIn’s most viewed CEOs in 2016, and many more; for her hard work and dedication.
Aaditi Gupta: The Founder of Menstrupedia
Sometimes being successful women entrepreneurs is not all about starting a new startup business to earn a tonne of money.
Aditi Gupta is an example of successful women entrepreneurs who taught the world about menstruation and initiated awareness among the people.
Her startup menstrupedia with the collaboration with Whisper India started the famous “Touch the Pickle” program to bust taboo.
When she was a child, she faced lots of difficulties during menstruation like she was not allowed to worship, she can’t use other family members’ beds and many more.
While a discussion on the class project during her college days, she found that there were a lot of scopes in menstruation as a topic. After that, Aaditi and her boyfriend (her husband Tuhin) did extensive research from all the available sources regarding the topic and later put it on a website.
After working on her website as a professional, she found that there were many people in the world unaware of the menstruation.
Therefore, she started to write about puberty and sexuality for teens and started to provide important information regarding the issues. And now her website ‘menstrupedia’ started to receive 1 lakh visitors per month.
Hence, Aaditi Gupta is a successful women entrepreneur in the true sense that we should know about it. She was listed in 30 under 30 in the year 2014 by Forbes Magzine for her contribution to remove menstruation as a taboo.
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Radhika Ghai Agarwal: The founder of Shopclues.com
Radhika Ghai Aggarwal is the first Indian women entrepreneurs, who enter in the unicorn club as an internet entrepreneur.
Radhika is an MBA graduate from Washington University in St Louis, having working experience in marketing for world top companies like Nordstrom in the USA, Goldman Sachs, etc. She has approximately 14-year experience in fashion, Lifestyle, Retail, and E-commerce.
In 2011, Radhika co-founded the shopclues.com as an online website, where people sell and shop.
The market value of Shopclues was $1.1 billion in 2017, with a total of 10.2 million visitors in April 2020.
Radhika Ghai Aggarwal is awarded various awards like the CEO of the year award in 2016, women entrepreneurs award in 2016, Exemplary women awards in the year 2016, etc.
Sabina Chopra: The Founder of Yatra.com
Sabina Chopra is the co-founder of the famous travels and tourisms startup business Yatra.com in India. Yatra.com is considered the largest online travel and tourism website in India.
She is one of the strongest women entrepreneurs, who believe in never give up.
Sabina is a Delhi university student having work experience of approximately 15 years in major firms like Japan Airlines, Ebookers, Hewitt associates, RAC Business solutions before co-founding the yatra.com.
Sabina always says “I always believe in the “Never Give Up” mantra. This is the mantra that makes her successful women entrepreneurs in the travel and tourism startup business.
She was honored with some famous awards like Women of the Decade in Innovation & Enterprise in 2017, Ecom Startup Angel, etc.