Women Enrepreneurs In India
India has produced many female entrepreneurs who have entered the world of successful female entrepreneurs. Organisations such as NITI Aayog, Women Entrepreneurship Platforms, Catalyst, Women Entrepreneurship Accelerators, Women Tech Initiatives and Zones for Startups India are committed to supporting female entrepreneurs. These organisations connect female entrepreneurs with relevant people in their industry and promote a network of female entrepreneurs so that they can learn from each other.
The inspiring success stories of famous Indian entrepreneurs are very engaging and interesting. Whether it is establishing an empire or ending a mission, the legacy of Indian female entrepreneurs is respected in every sentence. Successful Indian entrepreneurs are fueled by the flames of determination, self-confidence, and positivity.
Vandana Luthra is an inspiring entrepreneur and founder of VLCC Health Care Ltd. She is an Indian businesswoman, philanthropist and chair of the Ability Council for Beauty and Wellness Sector (B-WSSC). Her company is a popular beauty and wellness giant, represented in eleven countries in Asia and Africa through the Gulf Cooperation Council (GCC).
From a housewife to a successful entrepreneur, women in India have come a long way. The housewife is now a successful entrepreneur, and women in the country have come such a long way.
A recent review of literature suggests that Indian women entrepreneurs are a force to be reckoned with today. A growing number of female entrepreneurs in India are shaping their identity in all areas and industries.
Indian women have come a long way, from housewives to companies and inventions that lead to new ideas. From conventional women-friendly businesses to home economics to new-age startups, women are beginning to hold the reins. One can think of all the initiatives that India’s government has taken, but only time will tell how many of the rural women will follow in the footsteps of the aforementioned influential entrepreneurs.
Global leaders such as Sheryl Sandberg, Indra Nooyi (who runs one of the largest beverage companies), Arianna Huffington (editor-in-chief of a reading newspaper) and Oprah Winfrey (popular talk show host) inspire women to follow their passions and believe that they can follow the path they have chosen. An emerging generation of female entrepreneurs of a new age, such as Radhika Agarwal, who runs the e-commerce platform Upasana and Taku, known for promoting India’s first payment startup. Established female entrepreneurs such as Kiran Mazumdar Shaw and Reddy Sisters, who run successful healthcare companies.
In India, female entrepreneurs are growing. Today we have 13.5-15.7 million women-owned companies or 20% of the total companies, up 14% from a decade earlier. Moreover, India’s female business environment, as the statistics show, still needs improvement.
Today, the vast majority of start-ups in India are led by women’s teams and have female co-founders. In terms of respect, women find opportunities to start businesses (60%), affirm their skills (52%) and do not feel threatened by the failure of their start-ups (57%).
Entrepreneurship is a risky venture, and it is often assumed that women are less willing to take that risk. For example, one of India’s most successful female entrepreneurs, Kiran Mazumdar Shaw, was deeply skeptical of female entrepreneurs, whom she viewed as potential high-risk investment financiers, when she promoted her biotechnology company Biocon. Of course, India is a diverse country, and there are forms of entrepreneurship in which women are involved.
These inevitable trends point to their impact on India’s business world, where there are few aspirations and thoughts of going up. They operate the startup scenario in a way no one else does. It is social change that produces entrepreneurs, and in this case entrepreneurs illuminate the barriers and point the way to social change.
The ranking is based on input from Indian female entrepreneurs, policymakers, venture capitalists, media and academics and measures cities’ ability to attract and support women who want to grow their businesses. The study attempts to correlate the reasons that led entrepreneurs to start their own businesses in four different periods: before independence (1947), after independence (1947) and after liberalisation (1991). The global discrepancy is highlighted in the report, which states that while there are 12.6 million women in the world with their own businesses, Indian women remain around 8 million – a paradoxical statement given that India is the world’s second most populous nation.
StartUptalk has compiled a list of successful female entrepreneur that have made a name for themselves in the Indian startup ecosystem. Whether it’s baffled millennials, depressed families, or social pressures, here are India’s top ten female entrepreneurs in 2020 who will inspire you, strive for you, and lift your spirits.
With over 35 stores around the world, it is recognized by Bollywood and international celebrities as well as customers for its designs. Vandara Luthra is known for protecting her corporate brand. She is a professional Indian entrepreneur with a strong business acumen in the telephone and media industries.
In 2013, she received one of India’s highest honours, Padma Shri, for her immense contribution to trade and industry. Her production company produced many hit series such as Kyunki Saas Bhi Kabhi Bahu Thi, Kasauti Zindagi Ki, Kahani Ghar Ghar Ki and many others that earned her the title Queen Bee of Indian soap opera scene. From 2011 to 2016, she was on India’s annual list of the 50 Most Powerful Women in Business for six consecutive years.
She is chairman and chief executive of a biotechnology company called Biocon Limited, which was the first company to receive USFDA approval. Considered India’s richest woman, she is the 54th richest person in the world and the 65th most powerful woman in 2019. Sharadha Sharma is the founder of YourStories, a digital platform that showcases stories to help startups and entrepreneurs.