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Successful Women Entrepreneurs in India

Falguni Nayar founded Nykaa in 2012 and through her leadership has grown it to be a $2.3 billion company, making her one of India's richest self-made women. Divya Gokulnath co-founded BYJU's in 2011, growing it to a $16.5 billion valuation and expanding globally. Mehak Sagar founded WedMeGood in 2014, which has become India's largest wedding planning platform with over 5 million users. All three women have received numerous awards and recognition for their entrepreneurial success and contributions.
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0% found this document useful (0 votes)
85 views6 pages

Successful Women Entrepreneurs in India

Falguni Nayar founded Nykaa in 2012 and through her leadership has grown it to be a $2.3 billion company, making her one of India's richest self-made women. Divya Gokulnath co-founded BYJU's in 2011, growing it to a $16.5 billion valuation and expanding globally. Mehak Sagar founded WedMeGood in 2014, which has become India's largest wedding planning platform with over 5 million users. All three women have received numerous awards and recognition for their entrepreneurial success and contributions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Roll no.

-1810 Date of performance-


Enrollnment no.-2000930008 Marks out of 30-
Name-Snowy Ashok Fernandes Dated signature of teacher-
Discipline- TYCO-1
Course Title- Entrepreneurship Development
Course Code-22032

Practical-01-Submit a profile summary(about 500 words)of a successful


entrepreneur indicating milestones achievements.

Successful women entrepreneurs in India

● Falguni Nayar-

Falguni Nayar is an Indian businesswoman and founder of Nykaa, an online


beauty and wellness platform that offers a wide range of makeup, skincare,
haircare, and wellness products.
She quit her job in 2012. In April 2012, at the age of 50, she founded Nykaa
with $2 million of her own money. Nykaa was worth $2.3 billion as of 2021
bringing Nayar's fortune to an estimated $1.1 billion. Nayar is one of 2
self-made female Indian billionaires, the other being Kiran Mazumdar-Shaw.As
CEO, she has also led the acquisition of majority stakes in direct-to-consumer
brands to build a house of brands. She has steadily expanded Nykaa-owned
brand portfolio to 10 in the beauty and wellness space and 11 for its fashion
business. It has 112 stores in 52 cities.
Achievements -
Nykaa's success: Falguni Nayar founded Nykaa in 2012, and since then, the
company has grown to become one of India's leading beauty and wellness
platforms. Nykaa has over 70 retail stores across India and offers over 2,500
brands.

Awarded Entrepreneur of the Year: Falguni Nayar was awarded the


Entrepreneur of the Year award at the Economic Times Awards for Corporate
Excellence in 2017.

First Indian woman to take a company public through an IPO: In November


2021, Nykaa became the first Indian startup led by a woman to go public
through an initial public offering (IPO).

Listed in Forbes' Most Powerful Women in Business: Falguni Nayar has been
listed in Forbes' Most Powerful Women in Business in India in 2019, 2020, and
2021.

Contributed to COVID-19 relief efforts: During the COVID-19 pandemic,


Falguni Nayar donated Rs 2 crore to the Chief Minister's Relief Fund and Rs 50
lakh to the Prime Minister's Citizen Assistance and Relief in Emergency
Situations Fund.
Overall, Falguni Nayar's entrepreneurial journey and the success of Nykaa have
made her an inspiration to many women in India who aspire to start their own
businesses.

Falguni Nayar's achievements in founding and leading Nykaa have made her
one of India's most successful businesswomen. Her company's success, her
Entrepreneur of the Year award, her listing in Forbes' Most Powerful Women in
Business, and her contributions to COVID-19 relief efforts are all significant
milestones in her journey.
● Divya Gokulnath

Divya Gokulnath is an Indian entrepreneur. She is the co-founder of


BYJU'S, a leading ed-tech company in India that offers online learning
programs to students in K-12 and test preparation.
Divya Gokulnath is an Indian entrepreneur and the co-founder of Byju's,
an edtech company that provides online learning materials for
students.Divya Gokulnath, along with her husband Byju Raveendran,
founded Byju's in 2011. The company has become one of India's most
valuable edtech startups, with a valuation of $16.5 billion as of February
2022.Divya Gokulnath has played a key role in expanding Byju's beyond
India. The company now has a presence in over 100 countries, including
the United States, the United Kingdom, and Australia.
Achievements:
Awarded Outstanding Business Woman of the Year: In 2019, Divya
Gokulnath was awarded the Outstanding Business Woman of the Year
award at the Economic Times Awards for Corporate Excellence.

Contributed to education initiatives: Divya Gokulnath has been involved


in several education initiatives, including supporting underprivileged
children's education. She is also the co-founder of the Byju's Foundation,
which provides scholarships to underprivileged students.
Featured in Forbes' Asia's Power Businesswomen list: Divya Gokulnath
has been featured in Forbes' Asia's Power Businesswomen list in 2020
and 2021.
Overall, Divya Gokulnath's entrepreneurial journey and her efforts to
provide accessible education have made her an inspiration to many in
India and beyond.

Divya Gokulnath's contributions to the growth and expansion of Byju's,


as well as her efforts to promote accessible education through
scholarships and initiatives, have made her a respected figure in India's
edtech sector. Her Outstanding Business Woman of the Year award, her
listing in Forbes' Asia's Power Businesswomen, and the company's
valuation of $16.5 billion are all significant achievements in her career.

● Mehak Sagar

Co-Founder of WedMeGood. & before joining this company she has


worked with companies like American Express, GlaxoSmithKline &
others. She holds a MA degree from the Delhi School of Economics.
Mehak Sagar is an Indian entrepreneur and the founder of WedMeGood,
an online platform that helps couples plan their weddings.
In the beginning, Mehak struggled with understanding technology. But
after a few years, she built her tech team that helps with keeping her
website up and running. She started the company in 2014, and every year
she learned something new.Today, her 8-year-old company is no longer
just a startup. WedMeGood has an app with more than 1 million users
who have downloaded and used the app. Her website is also one of the
leading websites on which Indians go to plan their beautiful weddings.
Achievements:
Co-founded WedMeGood: Mehak Sagar co-founded WedMeGood in
2014, which has now become India's largest wedding planning platform
with over 5 million users.

Featured in Forbes' 30 under 30: Mehak Sagar was featured in Forbes' 30


under 30 Asia list in 2016 in the e-commerce and retail category.

Awarded Women Entrepreneur of the Year: Mehak Sagar was awarded


Women Entrepreneur of the Year at the BW Businessworld 40 Under 40
Awards in 2018.

Raised funding for WedMeGood: Mehak Sagar has successfully raised


funding for WedMeGood from top investors, including Sequoia Capital,
Elevation Capital, and Berger Paints.

Contributed to women empowerment initiatives: Mehak Sagar has been


involved in several initiatives that promote women's empowerment. She
is a mentor at the Women Entrepreneurship and Empowerment (WEE)
Foundation and has also supported initiatives that promote women in
technology.
Overall, Mehak Sagar's entrepreneurial journey and her contribution to
women's empowerment have made her an inspiration to many women in
India who aspire to start their own businesses.

Finally, Mehak Sagar's successful founding and leadership of


WedMeGood, as well as her involvement in women's empowerment
initiatives, have made her an inspiration to many women in India's startup
ecosystem. Her inclusion in Forbes' 30 under 30 Asia list, her Women
Entrepreneur of the Year award, and her successful fundraising efforts are
all notable achievements in her entrepreneurial journey.

Conclusion:
In conclusion, entrepreneurship is a challenging journey, but the success
stories of individuals like Falguni Nayar, Divya Gokulnath, and Mehak
Sagar are an inspiration to many aspiring entrepreneurs. These women
have demonstrated that with determination, hard work, and a willingness
to take risks, one can achieve success in the business world.

These women have all faced challenges and obstacles on their


entrepreneurial journey, but their success stories demonstrate that with
perseverance and hard work, one can overcome these challenges and
achieve success. Their achievements serve as an inspiration to aspiring
entrepreneurs, particularly women, who are looking to make a mark in
the business world.

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