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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Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.
This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.
Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.
While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.
MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.
Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.
MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.
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
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