Faded are those days where women are considered matchless for all powerful men in this world. This new generation of women overcame all sorts of negative notions and proved themselves in this cumbersome world of entrepreneurship.
Here, we introduce to you two such ladies who grew step by step and are now proving that the clouds are their limits.
1) Upasana Taku
Co-Founder of Mobikwik, she loves new challenges and does triathlons (a sport which involves swimming, cycling and running in immediate succession over various distance.)
In 2016, she was featured on the Forbes Asia “Women To Watch” list.
Upasana Taku along with her husband Bipin Preet Singh started Mobikwik in 2009. Mobikwik is an online service which makes mobile payments easier which are now morphed into a mobile wallet.
It was in 2012 when Mobikwik launched its first mobile app on the Android store and also attracted the venture capitalist Sequoia Capital. Mobikwik witnesses 100K transactions as they have clients like Uber and the Indian Railways.
Coming to analytics, Mobikwik has 45 million users and it has seen a 400% surge in transactions during the demonetization which happened the last December. It also raised $80-85 million from investors in three rounds of funding.
In 2014, Mobikwik won the ‘mBillionth Award South Asia’ in the category of mobile business.
2) Radhika Agarwal
Radhika Agarwal is probably the first ever woman to enter the world of unicorns. She along with her husband Sandeep Aggarwal and a friend Sanjay Sethi founded Shopclues. Shopclues is one of India’s homegrown e-commerce sector.
Shopclues becomes the ninth startup company to join India’s unicorn club by raising about $150 million from Singapore government’s GIC and its existing investors Tiger Global and Nexus Venture Partners last year.
Shopclues has about 3,50,000 small and medium sellers on the platform and registered 14 million users.
Talking about how she manages her personal and professional life, she says: “The challenges are same in entrepreneurship, man or woman. The only challenge is that there are so few of us and people keep asking “how do you ensure work-life balance? All you need is a support system at home and work as your responsibilities grow.” Women entrepreneurs are carving a niche for themselves.
Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.
The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.
Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio
Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.
Specifications and Features
The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.
Design and Competition
Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.
Future Plans
In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.
MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.
MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.
As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.
This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service