In recent years, the landscape of entrepreneurship in India has witnessed a significant shift, with more women stepping into leadership roles and founding their own businesses. This rise in women entrepreneurs is not only contributing to the economy but also inspiring countless others to follow suit. One institution at the forefront of this movement is the Gaurav Bhagat Academy (GBA), which is providing invaluable support and guidance to women entrepreneurs, helping them navigate their business needs and achieve remarkable success.
Rising Women Entrepreneurs
India has seen a sharp increase in women entrepreneurs across various sectors. According to a report by NASSCOM, women entrepreneurs in India are expected to grow from 14% in 2020 to 20% by 2025. This surge is attributed to increased access to education, financial independence, and supportive networks. The Gaurav Bhagat Academy plays a crucial role in this ecosystem, offering tailored programs that address the unique challenges faced by women in business.
Stories of Success
Here are some inspiring stories of women entrepreneurs who have flourished with the support of GBA:
● Payal Agarwal, CEO and Managing Director, Chaiom
Payal Agarwal turned her passion for tea into Chaiom, a premium brand. With support from GBA and Consortium Gifts, she honed her business skills. Chaiom, known for quality and innovation, saw a 200% sales increase in three years, expanded to 50+ cities, and introduced 20 unique blends. Women-led startups in India rose by 40% in five years.
● Sheetal Bhargava, Director, Amrapali Steels Private Limited
Sheetal Bhargava has propelled Amrapali Steels to new heights, has increased the company’s market share by 30% and implemented innovative industry standards. Her leadership reflects a trend: women in manufacturing roles in India grew by 22% in the last five years, according to a recent industry report.
● Prerana Saxena, Founder & CEO, Theme Weavers International Pvt. Ltd.
Prerana Saxena has transformed the event management industry with Theme Weavers International. Under her leadership, the company saw a 50% growth in client base and a 40% increase in revenue over two years. Her innovative strategies and expanded network have set new standards in bespoke event experiences.
● Ekta Sharma, Managing Director, Khyaath Design Holidays Pvt. Ltd.
Ekta Sharma’s revamped business skills and networking led Khyaath Design Holidays to a 40% rise in bookings and a 30% increase in revenue. Her innovative approach has established the company as a leader in unique and sustainable travel experiences, highlighting her resilience in the industry.
● Heena Handa, Interior Designer, EDC Space
Heena Handa’s creative vision has propelled EDC Space to a 50% increase in annual revenue and a 40% growth in client base. The firm is now celebrated for its innovative and functional designs, solidifying its position as a leader in the interior design industry.
Women entrepreneurship plays a crucial role in driving economic growth and social development. To support this, promoting women-led campaigns, brands, and businesses is essential. Here’s how leaders and businesses can help:
● Providing access to funding and resources
● Creating mentorship programs
● Encouraging gender diversity in leadership roles
● Highlighting success stories in the media
● Supporting policies that promote gender equality
This article is authored by Gaurav Bhagat, Founder, The Gaurav Bhagat Academy