Mother's Day 2020: For these businesswomen, their companies are their babies and will always be

Nurturing a business is no less than caring for a new born. Every mistake made with a child leaves a mother bruised but with a desire not to repeat it again. She takes that learning to move ahead. It is all about giving the best to that new born and as time passes allowing it to stand on their own feet without any help.

This Mother’s Day we look at a few women who natured their businesses and get noticed:

Nykaa’s Falguni Nayar: An investment banker with over 20 years of experience, took a decision to become an entrepreneur in 2012. She founded Nykaa, with her savings. In the last nine years, her company has grown leaps and bounds. According to media reports, Nykaa is expected to generate revenue worth Rs 1,200 crore.

MobiKwik’s Upasana Taku: She has been running a mobile phone-based payment system and digital wallet, Mobikwik. This company was formed in 2009 by husband-wife duo Bipin Preet Singh and Upasana Taku. Today, she is at the helm of a company that is valued at USD 1 billion. In an interview with Techcrunch in 2019, she stated that MobiKwik expects its revenue to hit Rs 521.2 crore in the financial year that ends in March 2020. The company expects to become profitable by 2021. Before starting MobiKwik, she was working with PayPal in the US.

Zivame’s Richa Kar: According to TechSci Research, India’s lingerie market is projected to grow at a CAGR of around 14 per cent to reach Rs 49,100 crore by 2023. This growth is driven on the back of growing demand for lingerie sets, rising middle-class population and increasing number of financially independent women. Understanding the gap in this huge market, Richa Kar entered this space with an online lingerie store, Zivame, in 2011. In many interviews, Kar has mentioned the opposition she faced while she entered this space. Since then, a lot has changed, which is why her company’s valuation stands at around Rs 700 crore today.

Menstrupedia Comic’s Aditi Gupta: She is the co-founder of Menstrupedia Comic. Menstrupedia was founded in the year 2012 with an aim to create more awareness on menstruation, hygiene and puberty. What started as a thesis project today has a different use. The website has developed into a platform providing information on puberty and sexuality for pre-teens and teenagers. Her company has a huge social value about teenagers who struggle to understand her body.

FreshMenu’s Rashmi Daga: Before becoming an entrepreneur, Rashmi Daga worked in various companies like IBM India, Johnson & Johnson Medical, TutorVista, BlueStone and Ola, according to Forbes. Before becoming successful with FreshMenu, she had a short stint as an entrepreneur with an online curated art marketplace The Bengaluru-based cloud kitchen FreshMenu today is valued at Rs 343 crore, as per Techcircle’s estimates in 2019.

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Free Press Journal