Seven women have made it to the Fortune India's first '40 Under 40' compilation that lists individuals who have managed to grow an idea into a profitable business.
The list comprises of entrepreneurs and professionals aged 40 years and less as of December 31, 2013. 'This is a listing, not a ranking,' Fortune India said, adding that scions of business families were not included.
Kavita Iyer Rodrigues, Director & COO of Theramyt Novobiologics and who co-founded the first biotech startup in venture capital firm Accel Partners' stable in 2007 got featured in the list. So was Richa Kar Founder & CEO, Zivame.com.The other women entrepreneurs, managers, founders in the list include: Kavita Bhupathi Chadda, Group CEO Globosport; Simeran Bhasin India Marketing head Fastrack & New Brands, Titan Industries; Gauri Singh, Founder and Director, The Maids' Company; Avani Saglani Devda, CEO Tata Starbucks and Neha Kirpal, Founder & Director India Art Fair.
The criteria for selection include growth in business (market share or revenue) and where growth rates were similar, emphasis was on profitability; those who executed a business model or innovation to grow in a tough market, who have reduced the per unit cost of delivering a product or service, scaled up an idea; Were able to raise capital in a difficult market, or find profitable exits, Fortune India added.
The individuals in the list belong from diverse sectors, although there are more tech startups than others.
Others in the list include Sachin Bansal & Binny Bansal - Co-Founders, Flipkart; Aprameya Radhakrishna & Raghunandan G - Co-Founders and Directors, Taxi For Sure; Naveen Tewari - Co-Founder & Ceo, Inmobi; Anshuman Thakur - ED Investment Banking, Morgan Stanley India; Arun Chandra Mohan & Praveen Sinha - Co-Founders, Jabong; Mukesh Bansal - Co-Founder & CEO, Myntra; Rahul Sharma - Co-Founder, Micromax Informatics and Deepinder Goyal - Founder and CEO Zomato.