Celebrating Women Entrepreneurship this Women’s Day

As India is caught in the midst of an entrepreneurial wave, the advancements of women entrepreneurship too should be highlighted. Read to know more.

Every Year March 8 is celebrated as International Women’s Day to honour and highlight the achievements of women in the domain of economy, politics and social spheres. Adopted by the United Nations in the year 1977 and aided by the second and third waves of Feminism, this day is a reminder of the grit and determination of women all across the world.

For the very first time in India, we have more women than men. The fifth National Family and Health Survey (NFHS) found that there are 1,020 women for every 1,000 men. As India is caught in the midst of an entrepreneurial wave, the advancements of women entrepreneurship too should be highlighted. 

In India, women entrepreneurship thrived in the micro, small and medium enterprises (MSMEs) sector. 8 million MSMEs are led by women and the most inspirational journey of all is the story of  Lijjat Papad created by 7 women with just Rs 80 in capital.

Of the 44 startups that turned unicorn last year, 4 of them are women-led. Ambiga Subramanian was the 1st woman to take her venture into the unicorn club. Other great examples of leadership are Falguni Nayar of Nykaa and Upasana Taku of Mobikwik who made their respective companies public. Ghazal Alagh along with her husband was able to turn her startup Mamaearth into a household name. Dr Garima Sawhney’s Pristyn Care, India’s surgical care system, too gained the billion-dollar valuation.

Other women-led startups that too are shining examples of #girl-power are Shweta Gandhi and Joyneel Acharya’s NirogGyan. Started in 2019, this venture makes smart reports to help solve India’s weak health literacy rate. Upasana Todi Prakash and Shripriya Khaitan Dhelia’ FabPads empowers women from disadvantaged backgrounds to stitch and sell cloth pads. For every 25 sustainable pads they sell, they donate 1 FabPad to girls from economically weak backgrounds.

As more and more women take on leadership positions, it will bring a new dawn of economic and cultural prosperity to India. Currently, all working women add just 17% to India’s GDP. If we get half of all Indian women to participate and create work, then the current pace of economic growth, 1.5% will shoot up to 9%. A report on entrepreneurship claims that women-run businesses can create employment for 150 to 170 million Indians.

Tags : #InternationalWomensDay #WomenEmpowerment #feminism #womenentrepreneurship #Nykaa #FalguniNayar #UpasanaTaku #Mobikwik #GhazalAlagh #Mamaearth #DrGarimaSawhney #PristynCare #AmbigaSubramanian #unicornstartup #women-led #MediSpeak #smitakumar #medicircle

About the Author


Priyal Shah

Priyal Shah is a graduate of Media from Mithibai College, Mumbai. She is a writer, researcher and avid reader.

Related Stories

Loading Please wait...

-Advertisements-



Trending Now

Actor-Director Sathish Kaushik Died of a Heart Attack at the Age of 66March 09, 2023
Soleus Push-Ups: A Laziest Exercise to Lower Blood Sugar LevelsMarch 09, 2023
World Kidney Day 2023: Be Aware of Kidney DiseasesMarch 09, 2023
Sushmita Sen reveals about suffering from a severe heart attack recently and Addison's disease in 2014March 06, 2023
A significant increase in influenza A H3N2 patients that are accompanied by severe coughing and feverMarch 06, 2023
Is AIDS or HIV curable in Ayurveda?March 03, 2023
Artificial Sweetener Erythritol Raises the Possibility of Heart Attack.March 01, 2023
Difference between HIV and AIDS - When to give antiretroviral therapy?March 01, 2023
Zero Discrimination Day: Let's Raise the Voice Against DiscriminationMarch 01, 2023
International Women’s Day 2023 – Embrace EquityFebruary 28, 2023
Brain Tumors - Types, Symptoms and Risk FactorsFebruary 28, 2023
World Rare Disease Day: End Stigma Against Rare Diseases.February 28, 2023
National Science Day 2023 - Global Science for Global WellbeingFebruary 28, 2023
Eating disorders - Types and their complicationsFebruary 27, 2023
The condition that took away the life of Malayalam filmmaker, Joseph ManuFebruary 27, 2023
World NGO Day 2023 - We make a living by what we get, but we make a life by what we giveFebruary 27, 2023
Functions and Problems of SerotoninFebruary 25, 2023
Arthritis management – Tips to manage arthritis effectivelyFebruary 25, 2023
Apple has undertaken a project of no-prick blood sugar monitoring feature for its watch.February 24, 2023
Bird flu – Jharkhand on alert, know its prevention and symptoms in humansFebruary 24, 2023