12/13/2023 0 Comments Female entrepreneurs success stories![]() ![]() And soon enough Nykaa’s turnover crossed 200 crores, along with 850 brands disrupting India’s beauty market. In a very short period, Nykaa started gaining traction and several well-renowned brands started listing themselves on the platform. She also realized the lack of good beauty sale experience in India and this is how combined the two to launch Nykaa in 2012 with $2 million as seed capital from family savings. She closely observed how her friends in the States relied on Amazon shopping. It was after resigning that Falguni started to think about various ideas but Nykaa was never really in her head until she noticed the impartial approach used among retail and online beauty shop sales managers to select the best brands and products. Falguni, who owns a little more than 50% of the beauty retailer, started her journey at the age of 49, a time when most people think about retirement, she started a new chapter in her life.įalguni Nayar was previously the Managing Director of Kotak Mahindra Capital Company, India’s leading investment bank. Wilson, “Change will come slowly, across generations, because old beliefs die hard even when demonstrably false”.Īs Women’s day is celebrated all March long, we have complied short yet very inspiring success stories of the 21 most influential women entrepreneurs in India to look out for in 2021! We hope you’ll also find these stories interesting and worth sharing!įalguni Nayar is the Founder of Nykaa, a brand that doesn’t even need an introduction as it has become the one-stop destination for cosmetics and other beauty range for women across the country. Though the times have changed and women from different walks of life are setting examples in their efforts to build a more equal, inclusive future, free from gender discrimination, we still have a long way to go! At the same time, we must remember a famous quote by E. Gender equality and getting more women into leadership roles can also bring a positive change as it is necessary for more and more women to fight against all the odds and climb the corporate ladder. Men can play a crucial role in closing the gender gap in the workplace by supporting women in business to create an inclusive environment. ![]() Gender bias in the workplace- be that consciously or unconsciously- has been a matter of concern that needs to be addressed by organizations to embrace diversity and inclusion. However, when we talk about women entrepreneurs, the word “entrepreneurs” preceded by “women” itself conveys a lot! This is because women face unique challenges in business as they tend to take on more responsibilities within the household. ![]() The entrepreneurial journey is never as easy a road to tread upon and often comes with its share of challenges. ![]()
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