Success stories of six inspirational women entrepreneurs
Across sectors as varied as technology, clinical research and retail women are poised to burst a common myth that women-led businesses do not grow beyond a certain scale.
Innovative ideas are the mantra behind every successful start-up story. India has been a flourishing ground for enterprises, and this phenomenon has witnessed an unprecedented surge in the last few years.
A handful of women entrepreneurs are stepping up to show they have the appetite, skills and vision to take a shot at scaling their young ventures. Across sectors as varied as technology, clinical research and retail women are poised to burst a common myth that women-led businesses do not grow beyond a certain scale.
Kanika Dewan: The diva who designed floors of IGI's Terminal 3
Dewan's family-owned business, Bramco, headquartered in Bahrain, carried out the floor work for the airport. More than 130,000 sq m of tiles were laid before the deadline of 11 months was over. After the project for the Delhi International Airport, Bramco is now working on a similar project with the Mumbai International Airport. The company has also done the flooring for a Leela Hotels project in Delhi.
For somebody who has contributed to designing mansions of several billionaires, apart from the work at the airports, Dewan does not boast of a design education. After majoring infinance at the Wharton business school, instead of continuing with investment banking, in which she had dabbled for a while, Dewan decided to become an interior designer.
Bramco is now proving to be the base of Dewan's new business. After her Wharton days, she decided to start a vertically integrated design firm that would capitalise on the exclusive availability of exotic marbles and granite from Bramco's mines.
Nidhi Saxena, Karmic Lifesciences
Karmic Lifesciences, which was founded in 2008 is a contract research organisation. It specialises in Oncology Cardiovascular, Neurology and Diabetes. Karmic conducts clinical trials and provides clinical data management to pharma companies, like NovartisBSE -0.33 %International, BayerBSE 1.26 % AG and CiplaBSE 1.14 %.
Nidhi Saxena targeted a revenue of Rs 54 crore. Saxena was previously the vice president for the North American operations of business process outsourcing company, WNS.
She raised the funding for her venture from Indian Angel Network, Basil Growth Corporation, SIDBI and Mumbai Angels.
Vijaya Pastala, Under the Mango Tree
Vijaya Pastala's enterprise has a Rs 60 lakh turnover from selling honey! The enterprise which took 14 years to shape up has a simple business model.
The sourced honey is tested, certified, packaged and labelled in a production plant on rented premises in an industrial area, in Mumbai. The packaged products are sold online, delivered to over 100 shops in Mumbai and Bangalore, as well as to a lot of B2B partners like Taj Hotels.
After acquiring a post graduate degree in regional planning from the MIT, US, in 1993, Pastala returned to India and stumbled upon the name for her future venture.
When her son was born in 2003, she changed career tracks. It took Pastala about a year to zero in on exactly what she wanted to do.
Sneha Roy & Sananda Misra - Toptomato.in
Toptomato.in by Sneha Roy & Sananda Misra is an online platform for ordering all household items. Its not a new concept but the founders aim to make it unique with its grocery subscription. One can subscribe for regular needs like milk, butter, etc and can specify required frequency.
TopTomato was launched in the month of September, 2012 by Sneha Roy and Sananda Misra, graduates from Indian Institute of Technology, Kharagpur, with varied experience of working in the FMCG sectors. The venture is self-funded and the seed capital was about Rs 5 lakhs.
The initial capital was used for building the website and setting up the back-end and delivery networks.
Mitali Kalra, Zao Foods
The idea of starting her own cafe took root in 2010. After completing her MBA in finance from INSEAD in France, in 2008, she spent a year working in Dubai and Singapore, handling private equity investments in oil and gas, and shipping. About a year on, her craving for healthy fare spawned a business idea: a chain of health food cafes in India. So, in December 2011, she left her cushy investment banking job, pumped in Rs 14 lakh from her personal savings, and registered her company name as Zao Foods Private Limited.
Samosas, kachoris, choley-bhaturey/ kulchey... No matter how much we relish our traditional unhealthy savouries, there is the nagging need to eat nutritious food. To cater to this growing awareness of eating healthy is Mitali Kalra's year-old Mediterranean cafe, Crostini, tucked away in a corner of the HauzKhas Village in south Delhi.
A year into operations, her turnover is Rs 25-30 lakh. Till date, she has invested Rs 30 lakh, but expects to earn Rs 35-40 lakh by end of 2013.
Uniza Tasneem, Daria System
Born and brought up in Chickmanglore, Uniza Tasneem completed management studies from Acharya Institute of Management and Sciences, Bangalore. She was selected by Kesdee Inc (an US based Company which was in to e-Learning) as a marketing executive. "Working there for an year and a half gave me an brief idea of software. The word software / Application, ERP started fascinating me."
Uniza Tasneem is the founder and director of Koramangala-headquartered Daria System, a hospital management solution enterprise.
In 2012, Tasneem started Daria System with an initial investment of Rs 5 lakh. "Our domain expertise lies in managing financials of healthcare sector mainly superspeciality & multispeciality, large & medium hospitals, nursing homes, diagnostic centers, laboratories, multispecialty clinics and pharmacies by providing customized software solutions."
A handful of women entrepreneurs are stepping up to show they have the appetite, skills and vision to take a shot at scaling their young ventures. Across sectors as varied as technology, clinical research and retail women are poised to burst a common myth that women-led businesses do not grow beyond a certain scale.
Kanika Dewan: The diva who designed floors of IGI's Terminal 3
Dewan's family-owned business, Bramco, headquartered in Bahrain, carried out the floor work for the airport. More than 130,000 sq m of tiles were laid before the deadline of 11 months was over. After the project for the Delhi International Airport, Bramco is now working on a similar project with the Mumbai International Airport. The company has also done the flooring for a Leela Hotels project in Delhi.
For somebody who has contributed to designing mansions of several billionaires, apart from the work at the airports, Dewan does not boast of a design education. After majoring infinance at the Wharton business school, instead of continuing with investment banking, in which she had dabbled for a while, Dewan decided to become an interior designer.
Bramco is now proving to be the base of Dewan's new business. After her Wharton days, she decided to start a vertically integrated design firm that would capitalise on the exclusive availability of exotic marbles and granite from Bramco's mines.
Nidhi Saxena, Karmic Lifesciences
Karmic Lifesciences, which was founded in 2008 is a contract research organisation. It specialises in Oncology Cardiovascular, Neurology and Diabetes. Karmic conducts clinical trials and provides clinical data management to pharma companies, like NovartisBSE -0.33 %International, BayerBSE 1.26 % AG and CiplaBSE 1.14 %.
Nidhi Saxena targeted a revenue of Rs 54 crore. Saxena was previously the vice president for the North American operations of business process outsourcing company, WNS.
She raised the funding for her venture from Indian Angel Network, Basil Growth Corporation, SIDBI and Mumbai Angels.
Vijaya Pastala, Under the Mango Tree
Vijaya Pastala's enterprise has a Rs 60 lakh turnover from selling honey! The enterprise which took 14 years to shape up has a simple business model.
The sourced honey is tested, certified, packaged and labelled in a production plant on rented premises in an industrial area, in Mumbai. The packaged products are sold online, delivered to over 100 shops in Mumbai and Bangalore, as well as to a lot of B2B partners like Taj Hotels.
After acquiring a post graduate degree in regional planning from the MIT, US, in 1993, Pastala returned to India and stumbled upon the name for her future venture.
When her son was born in 2003, she changed career tracks. It took Pastala about a year to zero in on exactly what she wanted to do.
Sneha Roy & Sananda Misra - Toptomato.in
Toptomato.in by Sneha Roy & Sananda Misra is an online platform for ordering all household items. Its not a new concept but the founders aim to make it unique with its grocery subscription. One can subscribe for regular needs like milk, butter, etc and can specify required frequency.
TopTomato was launched in the month of September, 2012 by Sneha Roy and Sananda Misra, graduates from Indian Institute of Technology, Kharagpur, with varied experience of working in the FMCG sectors. The venture is self-funded and the seed capital was about Rs 5 lakhs.
The initial capital was used for building the website and setting up the back-end and delivery networks.
Mitali Kalra, Zao Foods
The idea of starting her own cafe took root in 2010. After completing her MBA in finance from INSEAD in France, in 2008, she spent a year working in Dubai and Singapore, handling private equity investments in oil and gas, and shipping. About a year on, her craving for healthy fare spawned a business idea: a chain of health food cafes in India. So, in December 2011, she left her cushy investment banking job, pumped in Rs 14 lakh from her personal savings, and registered her company name as Zao Foods Private Limited.
Samosas, kachoris, choley-bhaturey/ kulchey... No matter how much we relish our traditional unhealthy savouries, there is the nagging need to eat nutritious food. To cater to this growing awareness of eating healthy is Mitali Kalra's year-old Mediterranean cafe, Crostini, tucked away in a corner of the HauzKhas Village in south Delhi.
A year into operations, her turnover is Rs 25-30 lakh. Till date, she has invested Rs 30 lakh, but expects to earn Rs 35-40 lakh by end of 2013.
Uniza Tasneem, Daria System
Born and brought up in Chickmanglore, Uniza Tasneem completed management studies from Acharya Institute of Management and Sciences, Bangalore. She was selected by Kesdee Inc (an US based Company which was in to e-Learning) as a marketing executive. "Working there for an year and a half gave me an brief idea of software. The word software / Application, ERP started fascinating me."
Uniza Tasneem is the founder and director of Koramangala-headquartered Daria System, a hospital management solution enterprise.
In 2012, Tasneem started Daria System with an initial investment of Rs 5 lakh. "Our domain expertise lies in managing financials of healthcare sector mainly superspeciality & multispeciality, large & medium hospitals, nursing homes, diagnostic centers, laboratories, multispecialty clinics and pharmacies by providing customized software solutions."
Source : By ECONOMICTIMES.COM
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