Entrepreneurial endeavors’ can be said to be a perfect amalgamation of intellect, intent, and dedication. However, entrepreneur is a gender-neutral term and women entrepreneurs across the globe are making waves in every industry that exists, breaking stereotypes and changing the business landscape.
If the stats are to be believed, there has been a significant rise in the number of entrepreneurs, especially women entrepreneurs. This Woman Entrepreneurship Day, Indian Retailer recognizes the woman entrepreneurs who not only have disrupted the Indian retail landscape with their businesses but also contributed significantly towards the growth of the economy.
Falguni Nayar, Founder and CEO, Nykaa
Founded in 2012 with the vision of building a multi-brand omnichannel beauty-focused retail business. Nykaa empowers customer choices, enabling brands to reach the corners of the country.
Today, Nayar has successfully built a beauty and lifestyle Retail Empire with more than 1,500 brands available online as well as across its stores in India. The brand further introduced its new vertical Nykaa Fashion, offering curated fashion to its audience.
Anita Dongre, Founder, House of Anita Dongre
Show founded House of Anita Dongre in 1995, along with Meena Sehra and Mukesh Sawlani which is one of the leading fashion houses in the country. With its own distinct brands including AND, Global Desi, and Anita Dongre Lable, HOAD offers contemporary western wear, boho-ensembles, and bridal couture for its audience.
With a workforce of over 2800 associates, HOAD is established across the country with its 1,075 points of sales in over 114 cities and is also present in New York and Mauritius. Over the years, HOAD has grown from strength to strength - embracing change, redefining fashion, setting trends, and making a difference.
Vandana Luthra, Founder, VLCC
Luthra is a renowned name in the beauty and personal care space, a visionary who is a part of the first generation of women entrepreneurs in India.
Founder of VLCC Luthra is also the chairperson of the Beauty and Wellness Sector Skill and Council since 2014, which is an undertaking of the Indian government that provides skills training for the beauty industry.
Incepted in 1989, VLCC has impacted people globally, with 40 percent of VLCC’s top clients being from international centers. According to a report, today VLCC’s annual revenue stands at $91.1 million.
Ghazal Alagh, Co-Founder and Chief Innovations Office, Honasa Consumer Pvt Ltd (Mamaearth and The Derma Co.)
A corporate trainer turned artist and mompreneur, Alagh co-founded co-founded MamaEarth driven by the passion for making early parenting stress-free. Spearheading innovation, community, and new brand initiatives, she understands the psychology and personal care product requirements and works closely with a large number of consumers to develop products that address problems they face on a daily basis.
Founded in 2016, HCPL is catering to digitally savvy audiences across India and Bharat. Under Alagh, the company is currently catering to over 19,000 pin codes and more than 500 cities in India across the country. The brand retails through the brand website and marketplaces like Amazon, Flipkart, Nykaa, and FirstCry amongst others.
Vineeta Singh, Co-Founder, and CEO, SUGAR Cosmetics
Founded in 2015, SUGAR is one of India’s fastest-growing beauty brands, currently among the top 3 color cosmetics brands in India. With a vision of building SUGAR as ‘fast fashion for the face’, Singh advocates a fast-paced work culture where speed and experimentation lead the way for rapid innovation and a launch-packed calendar. The women-centric brand, with a focus on core business fundamentals and an innate understanding of the customer and her needs, boasts a workforce with over 75 percent being women.
SUGAR Cosmetics has raised a total of $85.5 million in funding over 4 rounds, including the recent $50 million from its Series D round led by L Catterton, a consumer-focused private equity firm.
Priyanka Gill, Co-Founder, The Good Glamm Group and Founder and CEO, POPxo-Plixxo
Gill founded POPxo in 2014, creating it to be a safe and engaging space for Indian women to lead their best lives. With 50 million monthly active users across platforms, POPxo has become ubiquitous in the digital lives of women in India.
In 2020, MyGlamm merged with POPxo, together making MyGlamm-POPxo-Plixxo the largest content to community to commerce platform in India. MyGlamm is a D2C beauty conglomerate, its products being sold primarily through its digital platform, with presence in thousands of retail outlets.
The Good Glamm Group was formed in 2021 and has become South Asia’s Largest Content-to-Commerce Group investing $100 million in innovative fast-growing beauty and personal care brands.
Nina Lekhi, Founder, MD, and Chief Design Curator, Baggit
Established in 1990, Lekhi started Baggit at the age of 18, as a vegan accessories brand using eco-friendly material. Starting as an out-of-home business, Baggit became an industry leader, providing quality bags.
Contributing to the country’s growing economy through local manufacturing and international distribution. The brand offers its products through numerous retail touchpoints including Shoppers Stop, Lifestyle, Pantaloons, etc. as well as e-commerce platforms such as Amazon, Flipkart, and Myntra to name a few.
Neha Kant, Founder, and Director, Clovia
Lingerie and personal care Clovia is an e-tailer for lingerie with an in-house designing team and sourcing team. The brand produces its own products with imported fabrics, laces, and satins.
Backed by Ivy Cap Ventures, Zurich-based Mountain Partners, and Singapore based AT Capital, Clovia has more than 200 stores in 50 different locations. Moreover, the brand offers over 200 styles per month with 75 percent of its inventory not being less than 30 days old.
Naiyya Saggi, Co-Founder Good Glamm Group, and Founder BabyChakra
Saggi founded BabyChakra in 2015 with the vision of making parenting easier and provides to be and new parents with relevant information via intelligent communities and personalized content, creating a unique care network through access to trusted professionals in the medical world.
In 2021, BabyChakra merged with MyGlamm to further strengthen the content, community to commerce approach. Valued at over $1.2 billion, MyGlamm has a portfolio of more than 800 products across makeup, skincare and personal care. Backed by Accel Partners, Amazon, Bessemer Venture Partners and Wipro Consumer - the group houses India’s fastest growing direct-to-consumer brands.
Shivani Poddar, Co-Founder, and CEO, FabAlley and Indya
With an aim to build the largest D2C fashion house in the country, the brands have grown to have more than 1,000 employees under Poddar.
All its brands, FabAlley, Indya, and Earthen seek to empower young women all over the country to find their confidence and embrace who they are unrequited.
While FabAlley is a bold, inclusive, and fashion-forward brand aimed at arming women with fashion that is an extension of themselves, Indya is the ethnic-fusion brand of the company that was started in the year 2016.