Establishing their place in the Indian startup ecosystem and paving the way for other female, business visionaries, five women entrepreneurs have been shortlisted for the Woman Ahead nominees for The ET Startup Awards, 2020. A powerful jury comprising of top business pioneers, financial specialists, and startup experts will choose the winners on a virtual meet on August 20, 2020.
The rise of women as entrepreneurs has prompted the change in demographic qualities of business and monetary development of the nation. Women-led undertakings are playing a major role in the public eye by becoming an inspiration for others and increasing the employment rate of the country.
Women Ahead Nominees for ET Startup Awards, 2020
Vineeta Singh, CEO, Sugar Cosmetics
Vineeta Singh and Kaushik Mukherjee started Sugar Cosmetics in 2012 as an online beauty brand for women’s cosmetics on Amazon and Nykaa. Despite being only a few years old, the organization has figured out how to stand out in a competitive market that the cosmetics sector is. Sugar Cosmetics reported an income of Rs 60 crore in 2019. The company rose on the back of Instagram Business competing with other brands like Lakme, Maybelline, Mac and Colorbar. It has more than 600,000 Instagram followers and nearness across 80% of current exchange stores, persuading assets, for example, A91 Partners to back it.
Rashie Jain, CEO, Onco
Bangalore-based startup Onco was started in 2016 by Rashie Jain and Amit Jotwani which aims to turn into a one-stop solution for all malignant growth-related requirements of patients and their relatives. The online stage gives customized advice to cancer patients through its huge network of oncologists. It deals with start-to-finish care by interfacing them with applicable treatment communities, specialists and labs, and gives answers for their clinical issues. “We are solving a very critical problem, that of information gap that every cancer patient and their family experiences”, said Rashie Jain. The company today has 1500 oncologists and 500 cancer hospitals as their partners across the country.
Anju Chaudhary Srivastava, CEO, Wingreens Farms
Wingreens Farms was started in 2008 by Anju Chaudhary Srivastava and her husband Arjun Srivastava as a Women Initiative Network (WIN) with a capital of Rs 10 lakhs. Wingreens Farms provides farmers with alternate methods of earning by employing them and their family members by moving the principal level of processing to the farms itself. The organization has created bundles of practices for more than 100 harvests including herbs, vegetables and flowers that reestablish the biological equalization of the soil and normally invalidate the utilization of pesticides and synthetic compounds. They have a distribution network in more than 200 urban communities and intend to turn into a Rs 1,000 crore business in the following five years. Anju uncovers that they are intending to take a shot at a 100 acre plot that will help the farmers earn a sustainable income. For a FMCG brand like theirs, steady experimentation is significant. Consequently, Wingreens is moving in the direction of propelling more flavors in the coming years.
Zoya Brar, MD, Core Diagnostics
Core Diagnostics, founded by Zoya Brar in 2012, is a top of the line, clinical research facility, concentrated on advancing the diagnostics industry. The company offers laboratory testing, medication for different illnesses, cell counting and sorting and arranging, biomarker recognition, sub-atomic diagnostics, and treatment determination administrations. Core Diagnostics serves patients in India and works with 200 doctors and 3,000 hospitals across the country. Zoya started the company after gaining a work experience of around 2 years at Google. The company is Indian healthcare’s most successful social experiment.
Suhasini and Anindita Sampath Kumar, Co-founders, Sproutlife Foods
Sproutlife Foods was founded by Suhasini and Anindita Sampath Kumar in 2014. They manufacture of high quality branded food items. The company manufactured the Yoga Bar snack bars and muesli and plans to improve the eating propensities for Indians and make customers more mindful of what they’re eating. The organization asserts its items are supplement rich without counterfeit sugars or additives. Most of the products manufactured by the company are gluten free. For mueslis and bars alone, the business opportunity is generally about Rs 600-700 crore, on a yearly premise.
The Woman Ahead nominees for The ET Startup Awards, 2020 have their own inspiring stories and have helped other women pursue entrepreneurial dreams. The Economic Times Startup Awards have been founded to praise the best and most daring who gambled everything to dispatch another endeavor. The honors salute the business people and furthermore look to rouse the visionaries and adrenaline junkies within each one of us.