Falguni Nayar is the founder and CEO of Nykaa.
She is one of the famous women entrepreneurs in India. After completing her studies at IIM Ahemdabad, she worked as an investor and trader with Kotak Mahindra Group for approximately 20 years.
In order to pursue her business endeavors, Falguni left her work at Kotak Mahindra Bank. She was facilitated by Business Today's "Most Powerful Company" and Economic Times "Women Forward" awards.
The women-focused online marketplace sees more than 1.5 million requests per month and more than 15 million registered users. Nykaa's total funding is 148.5 million dollars with a valuation of 14 billion dollars, while Falguni's net worth is estimated to be around 1.1 billion dollars.
7. Radhika Ghai Aggarwal (Shopclues)
Radhika Ghai was the co-founder and CBO of e-commerce brand ShopClues, and is currently the founder and CEO of Kindlife.in.
Radhika has an MBA from the University of Washington in Advertising and Public Relations. She also did an executive program at Stanford University. Radhika worked in marketing for Nordstrom in Seattle after completing her schooling.
At Goldman Sachs, she later worked in strategy planning. ShopClues started with Sandeep Aggarwal and Sanjay Sethi in the year 2011.
Radhika joined the Unicorn Club as the first woman from India. She has received many awards including the Entrepreneur Award, CEO of the Year, Outlook Business Woman of Worth, and Entrepreneur of the Year.
Shopclues touched a valuation of 1.1 billion dollars, but was later acquired for a valuation of between 70 dollars and 100 million dollars by Singapore-based Qoo10. Radhika's personal net worth is around 1 million dollars.
8. Richa Kar (Zivame)
Richa Kar, one of most successful women entrepreneurs in India, launched Zivame, the leading and innovative lingerie retailer.
After completing her engineering degree at BITS Pilani and her employment as a corporate lawyer in Bangalore, she obtained her MBA from the Indian Institute of Management.
After completing her MBA and working as a retail consultant at Spencers Retail and SAP in Bangalore, I was introduced to the retail industry.
She cooperated with The Limited, the company that owns Victoria's Secret, while she was employed for SAP Retail. She was inspired by Victoria's Secret to launch Zivame.
She has received the Padma Shri for her immense contribution to the Commerce and Industry sector. Zivame has received 69 million dollars in funding worth 98.6 million dollars and has a net worth of Rs 749 crore, according to reports.
9. Vandana Luthra (VLCC Group)
VLCC Group was founded by Vandana Luthra. a well-known fitness, health, and beauty brand.
After graduating from the Women's Polytechnic in New Delhi, she traveled to Europe to gain knowledge on beauty, food, nutrition and skin care.
In 1989, VLCC Aesthetics in New Delhi set out to transform India's wellness industry.
VLCC has a strong national and international presence with more than 326 salons in 153 cities in 13 countries.
As of 2020, the annual net worth of Vandana and her family is around 13 million dollars. In addition to the Padma Shri, Vandana was given the Trailblazer Award by the Asian Business Leaders Forum and the Women Entrepreneur of the Year Award by Enterprise Asia.
10 - Kiran Mazumdar Shaw (Biocon Limited)
Kiran Mazumdar Shaw is the founder of Biocon Limited and currently serves as Chief Executive Officer of Bangalore-based biopharmaceutical business Biocon Limited.
Kiran completed her undergraduate degree in Zoology at Bangalore University in 1973 and obtained a postgraduate degree in brewing from University of Ballarat in Melbourne. Biocon India started in 1978 in the garage of his rented house in Bangalore.
In 2001, Biocon became the first Indian company to receive FDA approval to manufacture a cholesterol-lowering molecule. Then the company expanded significantly.
Meanwhile, Kiran has won several awards: Tech Pioneer, Businesswoman of the Year, and Padma Bhushan. The net worth of him is around 280 crores.
Conclusion
Women entrepreneurs in India can be very successful. If you think you have talent, you will definitely be able to shine through hard work and laser sharp focus.
Each of the women on the list is an inspiration to many ambitious young women entrepreneurs who want to turn their business ideas into reality and leave a mark on the world, as these women did.
With women contributing a large percentage to our economy every year, there is no doubt that the business landscape in India will drastically change for the better as more women enter the field of new and small businesses.
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