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Richest Self Made Women Entrepreneurs

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Richest Self Made Women Entrepreneurs,Startup Stories,Self Made Women Entrepreneurs,Richest Women Entrepreneurs,Richest Self Made Women,Women Entrepreneurs 2019,Zhou Qunfei,Denise Coates,Diane Hendricks,Giuliana Benetton,Doris Fisher,Top 5 Richest Self Made Women Entrepreneurs


According to Forbes’ The World’s Billionaires list, there are almost 2,153 billionaires present all over the world, with a net worth of $ 8.7 trillion.  Out of these 2,153 billionaires, only 244 are women and among them, only a few started their business ventures on their own, instead of inheriting it from someone else.  Let’s look at some of the richest self made women entrepreneurs, who tasted success with their own hard work.

Richest self made women entrepreneurs

1) Zhou Qunfei

Zhou Qunfei is the founder and CEO of China based smartphone screen maker company Lens Technology.  She was declared the world’s richest self made woman by Forbes in 2018. Zhou Qunfei belonged to a very poor family in Hunan province of China and worked her way up the ladder of success.  She started her career making watch parts for 180 yuan a month and eventually started her own company at the age of 22 with the help of her family. Now the richest woman in China with a net worth of $ 3.8 billion, Zhou once stated she started 11 companies over the years to become successful.

2) Denise Coates

Denise Coates is a British businesswoman and the founder of Bet365, an online gambling company.  Before starting her Company, Coates worked in the cashier’s department of her family’s bookmaking firm and turned around the fortune of the small shop.  She purchased a domain named Bet365.com in 2000 and spent a year creating the online betting site. With a net worth of $ 8.7 billion in 2019, she is Britain’s highest paid woman CEO in the world and one of the leading businesswomen in Britain.

3) Diane Hendricks

Diane Hendricks was born in Wisconsin and established ABC Supply with her second husband and business partner Ken Hendricks.  Before starting the Company, which sells roofing, windows and siding for buildings, Diane Hendricks was selling custom-built homes while her husband was a roofing contractor.  She has been running the Company since her husband passed away in 2007. Now, with a net worth of $ 7.4 billion, she is the chairperson of ABC Supply and is America’s richest self made woman, according to Forbes.

4) Giuliana Benetton

Giuliana Benetton is an Italian businesswoman and the cofounder of Benetton Group, a global fashion brand.  She started her business along with her three brothers, after the death of their father, by knitting sweaters on her own.  Now, with a net worth of $ 3 billion, she is no. 877 on Forbes’ The World’s Billionaires list.

5) Doris Fisher

Doris Fisher is the co founder of American clothing brand Gap, which she founded with her late husband, Donald Fisher, in 1969.  Doris and her husband were inspired by the success of a company, The Tower of Shoes and raised $ 63,000 to start their own retailing store.  Doris Fisher has a net worth of $ 2.5 billion and is ranked no. 8 on Forbes’ America’s Richest Self Made Women 2019 list.

 

These businesswomen were not born with any privileges yet managed to start their own business from nothing.  Now, they are counted among the richest of the world and in the process, have inspired many. 

Entrepreneur Stories

Inside T-Hub: India’s Launchpad for Innovation and Entrepreneurship

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Aerial view of T Hub Hyderabad

Imagine a building that’s not just a structure but a buzzing ecosystem. A space where startups, corporations, universities, and investors come together to create the future. This isn’t science fiction; it’s T-Hub, India’s largest innovation hub, and it’s rewriting the rules of entrepreneurship.

T-Hub isn’t just about workspaces. It’s a launchpad for ambitious dreams. They’ve empowered over 2,000 startups, turning ideas into thriving businesses. Think funding woes? T-Hub’s got your back, connecting entrepreneurs with angel investors and government grants. Need a mentor to guide you through the rough patches? T-Hub boasts a network of 2,000 mentors ready to share their wisdom.

T-Hub’s vision extends beyond startups. Here’s a glimpse into what makes T-Hub special:

  • From Seed to Scale: Whether you’re a budding entrepreneur with a bright idea or a scaling startup ready to take on the world, T-Hub has programs to support you. From the “seed-accelerator stage” Lab32 program to the “early-stage technology startups” RubriX program, T-Hub provides the tools and guidance needed to thrive.
  • Corporate Muscle: Innovation isn’t just for startups. T-Hub bridges the gap between startups and established corporations like Facebook, Uber, and Boeing. This collaboration allows startups to tap into corporate expertise and resources, while corporations benefit from the agility and fresh perspectives that startups bring.
  • Funding Powerhouse: T-Hub is more than just an idea incubator; it is also a reality maker. Through initiatives like T-Angel and the Digital India Scaleup Program, T-Hub connects startups with high-net-worth individuals, angel investors, and government funding sources.
  • Global Ambitions: Thinking Beyond Borders? T-Hub has you covered. With partnerships across the globe, from the UK government to La Trobe University, T-Hub helps Indian startups access international markets and provides foreign startups with a foothold in India.

And it doesn’t stop there. T-Hub 2.0, their new colossal campus, is a testament to their ambition. This behemoth is not just the world’s largest technology incubator; it’s a microcosm of innovation itself. Universities find a home here, churning out future tech leaders. Foreign partnerships open doors to international markets for Indian startups. It’s a melting pot of ideas, cultures, and expertise, all focused on creating a brighter tomorrow.

T-Hub’s story is far from over. They’re aiming to empower a staggering 20,000 startups in the next five years. With their focus on internationalization and capacity building, they’re poised to become a global hub for innovation. So, if you’re an entrepreneur with a dream, T-Hub might just be the launchpad that takes you to the stars.

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Emerging Startup Stories

Discover Kheyti, The Startup Changing The Lives of Farmers In India

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Farming has been an integral part of India’s history and culture for ages. It’s been the foundation of the Indian economy, supporting millions of people with food and jobs. Crops and agriculture hold immense importance in Indian society, not just in terms of money, but also in terms of culture, community, and spirituality.

Farming is a way of life for many people in India, but it can be a difficult and unpredictable business and farmers face a number of challenges, from erratic weather patterns to low market prices for their crops. Kheyti is a social enterprise founded in 2015 by Saumya, Kaushik Kappagantula, and Sathya Raghu. The organisation provides sustainable solutions to small farmers in India, helping them overcome challenges and improve their lives.

Kheyti’s flagship product is the “Greenhouse-in-a-Box,” a low-cost modular greenhouse that allows farmers to grow high-value crops year-round, even in unfavourable weather conditions. operates on a subscription-based model, where farmers can purchase a “Greenhouse-in-a-Box” kit or sign up for crop advisory services on a monthly or annual basis. Kheyti.com also earns revenue by connecting farmers with markets and buyers, taking a small commission on sales. They work to keep the costs low by partnering with local manufacturers to produce their products and leveraging tech to provide personalised crop advisory services at scale.

They also provide crop advisory services to farmers, offering personalised advice on crop selection, planting, and management. In total, The company has helped over 6,000 small farmers increase their incomes by an average of 300%. You call them small farmers, Kheyti calls them Smart farmers!

While there are other companies in India that offer similar solutions to small farmers, Kheyti stands out for its focus on sustainability, innovation, and community involvement. It works closely with farmers to develop tailored solutions that meet their needs while focusing on sustainable farming practices. Through its efforts, Kheyti has improved soil health, reduced water usage, and increased yields of various crops.

Looking ahead, Kheyti plans to expand its reach to more farmers in India and beyond and aims to continue developing new products and services that can help small farmers overcome the challenges they face. With its commitment to sustainability and innovation, The visionaries at Kheyti claim it has the potential to transform the agricultural sector and contribute to a more equitable future for all.

Imagine the joy and hope Kheyti brings to struggling farmers in India. With Kheyti’s help, over 6,000 small farmers have transformed their lives, becoming Smart farmers who handle challenges and succeed. With sustainable solutions, Kheyti is not only revolutionising agriculture but also spreading hope for a brighter future.

 

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Emerging Startup Stories

Suki: This Startup Wants To Transform Healthcare With Its Artificial Intelligence Tool

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Suki: This Startup Wants To Transform Healthcare With Its Artificial Intelligence Tool

We live in a rapidly transforming era where humanity is making exponential leaps in technology.  Thirty years ago, no one would have believed you could talk to an online voice assistant to create tasks and get things done.  Ten years ago, no one would have believed humanity would land robots on Mars.  Technology truly has improved the quality of living of every human who owns a smartphone and has access to an internet connection.  Voice assistants are slowly replacing manual tasks and making lives easier and efficient.  Siri, Alexa, Google Voice Assistant are just some of the widely used artificial intelligence based tools which are employed on a daily basis.  Artificial intelligence, which is hailed as the technology of the future is now slowly making its way into much more complex domains like self driving vehicles, quantum computing and also health care.

Suki, a United States of America based startup founded by Punit Soni, developed their own voice assistant which runs on artificial intelligence to simplify healthcare for doctors and other healthcare professionals.  In simple terms, Suki is akin to Siri for doctors.  While you could order a pizza or schedule an appointment on Siri, doctors could modify, edit and add health records of their patients.  Suki is a powerful tool to help doctors with documentation of health records which often take hours of their (doctors) time.  

Suki currently focuses on documentation but has the potential to expand its usage to data queries, ordering, prescribing and billing.  According to a white paper published by Suki, using its technology increases the time a doctor spends with a patient by 12% by cutting note taking time by 76%.  The time which is saved also brings in a financial benefit of $30,000 more in revenue a year on average for doctors.  

Suki raised a $ 20 million Series B round from Flare Capital Partners, First Round Capital, and Venrock, doubling its total funding to $ 40 million since its 2017 launch.  Suki is also looking to expand its reach in India and has decided to establish Bangalore as their base of operations.  India holds a lot of potential for Suki considering the amount of manual work which goes into almost any sector.  

It would be interesting to watch how Suki and other similar AI based startups would transform healthcare across the world.

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