Read on how to enrich your life by purpose, i.e. to find depth and, a reason to get out of bed each morning, your own Ikigai.
These 5 women entrepreneurs in Gurgaon show us that with a market ready to accept anything unique, creative and of good quality, Gurgaon is emerging as a start-up hub for the budding women entrepreneurs in India.
Further, being a corporate hub, where so many people flock to find their jobs, it has a professional atmosphere and a crowd with liberal mindset that allows an entrepreneur to grow and scale up the business. In fact, Gurgaon is all set to get a United Nations (UN) technology innovation laboratory which will work on promoting women entrepreneurship in the region.
The city is home to some of the successful women entrepreneurs in India. Here are 5 women entrepreneurs based in Gurgaon who are inspiring millions.
Co-founder Mobikwik, Upasana Taku, had a strong desire to work or create a solution that impacted millions in India. Following her desire, the Stanford university alumnus gave up her flourishing career with the payment industry giants Paypal and HSBC, returning to India in 2008. Meanwhile, as she was still exploring the buzzing sectors, meeting new people and exploring new ideas, she started working for a rural microfinance NGO called Drishtee.
Through her friends, she met Bipin, her husband and Co-founder, who was also eager to start up in the payments industry. In 2009, they founded MobiKwik and launched it as a mobile recharge platform that enabled users to recharge their phones from any location. Now, one can pay electricity bills, book bus tickets and avail many more such facilities through MobiKwik. Today, it is accepted by over 1,40,000 merchants and has 55 million users. However, Upasana did face a few challenges in the beginning. While managing finance for Mobikwik, one CA and investor firm had asked her if they could talk to a male in the team. Undeterred by this gender bias, Upasana has created one of the first mobile wallets of India.
Suchi Mukherjee is the women behind the e-commerce lifestyle and accessories portal LimeRoad, designed using a fashion magazine layout. Before starting her venture LimeRoad, she had worked as investment banker with Lehmann brothers. She had also worked with companies like eBay, Skype, and GumTree. During her maternity break, while she was reading a magazine, Suchi came across a piece of jewellery from a local artisan in Mumbai. She couldn’t buy it but it gave her the idea that technology could be used to discover new products. Seeing untapped potential in the lifestyle industry, she decided to take the plunge.
Her aim was to create a platform where customers could discover products produced by vendors who created high-quality yet affordable products. Having played a pivotal role in building GumTree as a successful brand, she felt she need to start something of her own. In 2012, she returned to India and launched LimeRoad along with its co-founders Prashant Malik and Ankush Mehra. True to her vision, LimeRoad grew rapidly achieving the number two spot in the online fashion segment in 2017. What sets apart LimeRoad is its scrapbook tool that allows people to select a range of products, create a distinct look, and share it with their friends. Thus, anyone can become a stylist and sell their curated looks.
Ghazal Alagh, Co-founder, MamaEarth is one of the most successful women entrepreneurs in Gurgaon and an upcoming name in the baby care industry. Her stay in the US had made her aware of the presence of harmful chemicals and toxins in cosmetics, especially baby products. During her pregnancy, she along with her husband started exploring for safer options in baby products and realized there wasn’t much available in the Indian market. As a result, they had to order products from the US which turned out to be quite expensive and inconvenient. This made her realize that there might other parents struggling with the same issues. Thus, she decided to do something about it.
Her biggest challenge was to identify effective natural ingredients which could be used as replacements for conventional ingredients in baby products. Thus, MamaEarth was born which is now Asia’s 1st MADESAFE Certified Toxin-free brand. Her brand is now offering over 20 products for babies and mothers and has store presence in Delhi, Mumbai, and Bengaluru and plans to expand to 10 cities. Recently, actress Shilpa Shetty Kundra has invested in MamaEarth and appreciated its products.
Carving their niche and creating their own space in the fashion industry is the duo Tanvi Malik and Shivani Poddar, founders of faballey.com. Before starting their own venture, these two women entrepreneurs from Gurgaon worked in the corporate sector, Tanvi being a brand manager at Titan Industries Ltd. and Shivani an Investment Banker at Avendus Capital. During their 9-to-6 jobs, they realized the lack of global fashion trends at affordable prices in the Indian Market. Conducting a market survey they realized that there was no trend-centric fashion/brand shop that could match the global brands at affordable rates. So, FabAlley was formed in early 2013.
Initially, it started as an accessory only brand but added apparel to its collection later. Now, their company has more than a lakh registered users and gets between 20,000 – 40,000 visitors a day on an average.
These women entrepreneurs in Gurgaon have not only created highly scalable businesses, they have encouraged a whole ecosystem around their work, be it designers, suppliers or employees. Their work, I am sure, is giving many of my readers entrepreneurship goals to aspire to!
More in this series:
Inspiring women entrepreneurs in Hyderabad you should know
4 gritty women entrepreneurs in Mumbai who are beating the odds
Inspiring women entrepreneurs in Chennai whose stories you’ll love
Amazing women entrepreneurs of Bangalore to give us entrepreneurship goals
Women entrepreneurs in Pune who are not afraid to dream – queen size!
Lesser known women entrepreneurs in Kerala whose stories are so powerful
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Great article for aspiring entrepreneurs!
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