India’s ever transforming retail ecosystem saw a huge investment splurge in the year 2014-15 with many big/ small companies successfully gaining investor’s trust and raising funds for their businesses. The industry that was earlier driven by only passion now got the wealth potential as well. Many work professionals from various sectors such as IT, retail, management, real estate etc. leaving behind their monotonous 9 to 6 jobs, decided to venture their own startups. While for many, this move turned out to be bizarre, but few took the market with storm.
Though the stats says that 8 out of every 10 retail startups fails to excel due to lack of management and expertise, there are some retail entrepreneurs who have effectively been able to leave a stagnant mark and have set certain milestones that is an inspiration to their successors. These are also the most dominating startup entrepreneurs who have the potential to disrupt any verticals of retail.
Here is the list of top 3 retail startup professionals who stepped out of the blue and earned leading spots in the retail startup ecosystem in the country:
Radhika Agarwal, Co-Founder, Shopclues
Women entrepreneurs have undoubtedly started dominating their presence in almost every business vertical and Radhika is one of the leaders in this pursuit. An MBA from Washington University brings over a decade of rich experience of retail, advertising and lifestyle in both online and offline domain.
After co-founding India’s first managed marketplace Shopclues, she emerged as one of the most inspirational female retailers of the country. Radhika is India’s only women entrepreneur to be listed in the Unicorn Club. Radhik is an avid reader and also the chief marketing officer of the company. With such diverse feat, she is surely a leader to both admire and watch out for.
Radhesh Kagzi, CEO, Creative Lifestyle Pvt. Ltd.
Radhesh Kagzi is another rousing name in the retail horizon that is worth the talk these days. With over 2 decades of cross functional experience in the fashion industry Radhesh has cemented his position as one of the most emerging startup entrepreneurs of the country.
Though his role in the company more entrepreneurial but he loves indulging in experiential tasks such as building channel strategies, overseeing operations, managing strategic partnerships and what not. With his exponential grip in retail marketing, Radhesh has brought Creative Lifestyle to an inflation point in today’s competitive environment.
The literature aficionado is also a member of the Advisory Board of School Of Fashion Technology (SOFT), Pune and has been associated with most of the reputed fashion institutes of India like NIFT, SNDT, B.D.Somani Institute of Art & Fashion Technology, Sophia College among others.
Shailaz Nag, COO & Co-Founder, PayU India
Shailaz is the mastermind behind the online payment firm PayU India that has embraced mammoth height and is one of the fastest growing startups of the country. Over a decade of rich experience in internet, telecom and payment vertical makes him one of the most venerable startup entrepreneurs of the current times.
His natural inclination towards finance as a subject led him to be a CA rank holder. After holding various senior positions at companies such as Yahoo, Airtel &Goibibo, he later co-founded PayU India. Since then, he never looked back and further plans to accumulate a largest digital payment ecosystem in the country.