Indian startup ecosystem has shown massive growth driven by factors such as huge funding, evolving technology, and a huge domestic market. It’s just a revolution and it will change the way the market is growing. While the majority of startups are male-dominated, there are many Female-led startups growing at a fast pace.
The Indian government is heavily focusing and bosting these start-ups. Funding is still a challenge for women leading startups, there are other challenges too like women are often easily assumed to be less willing to take risks, Masculine corporate cultures are one of the most-cited barriers to women’s leadership, family support, and child care but some of the women founders/co-founders are proving everyone wrong. According to Bain & Company and Google, women entrepreneurs will generate around 150-170 million jobs by 2030.
Let’s meet these women who are behind some of the successful women lead startups and role models to many.
Mobikwik is a mobile wallet and online payment platform. Upasana launched MobiKwik in 2009 with her husband Bipin Preet Singh. In 2013, RBI authorized the company’s use of the Mobikwik wallet, and in May 2016 company started giving small loans to its consumers as part of their services. As of today, they have many known clients like Uber, IRCTC, Zomato, Bluedart.
Yatra.com is one of the most popular Travel booking aggregator platforms in India. Yatra.com is a public listed company. In 2019, it was acquired by Ebix, a US-based company for $338 million.
Radhika is the First Indian women to enter the Unicorn club. She co-founded Shopclues (online market place for unstructured categories like home and kitchen, daily utility items, etc) in 2011. In 2019, it was acquired by a Singapore based company Qoo10 valued at US$70 million, representing one of the largest valuations for India based startups.
Swati with her husband Rohan founded CashKaro in 2013. Cashkaro is an online platform that helps the consumer to buy products and get cashback on e-commerce sites. They earn a commission from e-commerce platforms.