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  • 5 Entrepreneur duos who made it big by betting on Make-In-India

    Published on August 15, 2022

    Championing the idea of a strong and self-reliant economy, we saw an emergence of market leaders successfully banking on the Make-In-India theme. The Make-In-India Initiative is empowering Indian entrepreneurs to fulfil our ‘not so utopian dream’ of building a self-sustained India by driving innovation, enhancing skill development and building an exemplary manufacturing infrastructure in the country. Joining the bandwagon we have various young duos of disruptors and innovators who are spurring the nation into global limelight, with their significant efforts in the Make-In-India initiative

    So, in the right spirit of 75th Independence day, we would like to celebrate the significance of 5 Indian entrepreneur duos who made it big by betting on Make-In-India:

    Amit Khatri and Gaurav Khatri: Amit Khatri and Gaurav Khatri, the founders of Noise, India’s No.1 Wearable Watch Brand, are driven with the motto of turning India into the next global manufacturing hub. Amit is spearheading design technology and business expansion while Gaurav is at the helm of R&D at Noise . Founding a tech-driven brand together, they possess a real sense of pulse of India. Fueled with the drive to introduce path-breaking technologies for the future-forward consumers, Amit and Gaurav have together built a brand which is now heading towards an ARR of 2000 Cr .Their vision for the New-Age India is to strengthen the Make-In-India initiative by scaling Noise’s locally manufactured products to 80% by the end of 2022.

    Nithin Kamath and Nikhil kamath: Nithin Kamath and Nikhil Kamath are known to be the pioneers of the discount brokerage model in India with Zerodha. Calling Zerodha the biggest gamble of his life, Nithin with his brother Nikhil went on to build the country’s largest trade broker firms amidst a trading lull in 2010. They truly proved to be a catalyst of change by disrupting the dynamics of the Indian retail stock investment. Through Zerodha they customised the discount brokerage model for the Indian market and drove value innovation. They believe that only resilient businesses can help the Indian economy thrive and hence, they built a resilient business that, today, contributes to 15% of all India retail trading volume.

    Ghazal Alagh and Varun Alagh: The famous parents-turned-entrepreneurs, Ghazal Alagh, and Varun Alagh, are the founders of yet another successful Indian homegrown brand- Mamaearth. Born out of parental concern, mamaearth was incepted with an offering of just six baby care products. Building Mamaearth as the new D2C sensation, Ghazal and Varun are on a purpose-driven mission to disrupt the personal care industry. Their simple motto of providing natural and toxin-free products, is creating a huge impact on the Indian consumers. Starting with mere six products to now catering to over five million consumers across 500 cities, Mamaearth was successful in crossing the Rs 100 crore mark in just four years.

    Vineeta Singh and Kaushik Mukherjee: Vineeta and Kaushik are another couplepreneurs who made a huge breakthrough in the Indian cosmetic market with their brand- SUGAR Cosmetics. With the vision of empowering women, SUGAR cosmetics was born to create makeup products for the Indian skin tones. The mission was simple- Make products for India in India. This has helped them garner increasing trust and awareness amongst young Indian women. Driving rapid market penetration, SUGAR has scaled its offline presence with 40,000+ retail outlets across 550+ cities. Building the third largest makeup brand of the country, the power couple aims at achieving Rs 500 crore net revenue this year

    Tarun Mehta and Swapnil Jain: Tarun Mehta and Swapnil Jain are supercharging India’s electric vehicle story with their decade-old venture- Ather Energy, a smart electric two-wheeler startup. Envisioned to design an electric vehicle from scratch, they launched their first electric scooter- S340 recently and bagged investments from Hero Motocorp, Tiger Global Management, Flipkart, etc. Disrupting the Indian Electric Vehicle Segment, Tarun and Swapnil are changing the perceptions around Electric vehicles. Their initiative is proving to be the stepping stone in making India a global investment hub

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