Entrepreneur Stories
Meet Upasana Taku And Radhika Agarwal: These Women Are Ruling The E-Commerce Sector
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.
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