Gone are the days when women were thought of as no match for the powerful men in the business world. Indian women have come a long way from the times when their rightful place was only seen as within the home. The new generation of females has overcome all of those negative notions and proved their mettle in all areas of life, including the highly demanding and complex world of business. These 3 business women in India are amazing ones to inspire you.
Despite the constant fight against gender stereotypes in the country, these women seem to be emerging victorious. The modern Indian woman is no longer solely a homemaker. She can rock the world of business with as much confidence as she rules the home. Three women making waves are:
1. Kiran Mazumdar Shaw
Kiran Mazumdar Shaw is the Chairman and Managing Director (CMD) of Biocon Limited. With a present net worth of over 350 crores USD, she has the distinction of being one of the richest self-made women in India.
She was born in the city of Bangalore and completed her graduation in Zoology from the Mount Carmel College of Bangalore University. She went on to do her post-graduation in Malting and Brewing from the Ballarat College of Melbourne University.
Her first job was working as a trainee brewer at the Carlton & United Beverages. She switched her job after four years and joined Biocon Biochemicals Limited based in Ireland.
Her journey toward being one of the leading women in business in India started when she founded Biocon in 1978. She began with only 10,000 INR as capital; lack of money was a huge hurdle. Also, no bank was ready to offer her a loan because biotechnology was still a foreign concept in India. Also unfamiliar? A female Indian entrepreneur! She even had difficulty hiring people to work for her.
Kiran did not let these obstacles stop her from reaching her goal, and Biocon went from being a company manufacturing industrial enzymes to a leading bio-pharmaceutical company focusing on diabetes and oncology. Kiran was honored with the prestigious Padma Shri in 1989 and the Padma Bhushan in 2005 by the government of India.
2. Ekta Kapoor
Ekta Kapoor is widely lauded as the woman who changed the face of television in India. When it comes to Balaji serials, whether you love or hate them, you cannot ignore their impact on Indian TV. Ekta Kapoor single-handedly got Balaji Telefilms to the household name it is in India today. The number of hit serials under the Balaji Banner far surpasses others in the same category. She is the absolute Queen Bee on the Indian soap opera scene.
She started her production house, then named Balaji Creations, with help from her father. But the road to success was not all smooth. The initial 6 pilot plots and 3 episodes that she made were all rejected.
Soon to become one of the leading women in business, she tasted success with the hilarious ‘Hum Paanch’ and then in ‘Kyunki Saas Bhi Kabhi Bahu Thi’ which made her a revered face in the Indian TV scene. She ventured into the arena of Film Production through Balaji Motion Pictures. It was there too that she had commercial and critical success with ‘Once Upon A Time in Mumbai’ and ‘The Dirty Picture.’
Her latest business in India is the video-on-demand channel ALTBalaji. Based on the buzz, it will likely be another massively successful initiative for this leader among women in business in India. With a current net worth of 13 million USD, this young TV star will continue to accomplish many things, we expect.
3. Suchi Mukherjee
The name of LimeRoad is not unfamiliar to any fashionista in the country. From looking for Kurtis and sarees online to trendy western wear that has your heart, LimeRoad is the answer to all your fashion woes. The brain behind the brand is Suchi Mukherjee.
She started the online shopping company in 2012 with her associates Ankush Mehra Manish Saksena, and Prashant Malik. She has the distinction of being chosen as 1 of 15 women worldwide for the ‘Rising Talents, high potential leaders under 40’ awards.
Suchi has a brilliant career. From eBay to Skype and Gumtree, the companies she has worked with are dream jobs of many women in business. However, not all of these jobs felt fulfilling to her as she always nurtured the dream of venturing out on her own. She came up with the concept for LimeRoad while flipping through a magazine in London. In this magazine, she found a gorgeous necklace made by a small store in Mumbai. She knew she couldn’t find that store in the city anytime soon.
When she started working on building up the Limeroad business in India, she had a major realization. India was already a major manufacturer of lifestyle goods with over a 21% share in the market. The point was to tap into this market, making its boundless offerings easy to discover and afford by the modern Indian woman. Suchi has successfully done exactly that through her venture.
Business women in India: Go ladies, go!
These powerhouse women in business continue to inspire millions who want to each come up with their own startups. The saga of their success reinforces these famous words of Winston Churchill. “Success is walking from failure to failure with no loss of enthusiasm.”