4 MAY2022Editor NoteFinancial Capital of the Country Birthing Various Women Leaders in FinanceRachita SharmaSpecial Editor77 year old Urmila Jamnadas Asher is a superstar in her own right. The frail looking woman with an affable smile is the heart and the might behind `Gujju Ben Na Nasta', a Mumbai based cloud kitchen. The nifty entrepreneur has built a lucrative business which was originally established to aid the family during a financial crisis. Today the brand has expanded to include a host of dry food items on its menu and has also launched a small outlet. Business has been booming. A few kilometers away from Charni Road, where Urmila Asher runs her small food empire lives another successful business woman, Falguni Nayar, Founder & CEO of beauty and lifestyle brand Nykaa. The chief in arms of the unicorn, Nykaa, Falguni is also the richest self-made woman in India post Nykaa's bumper debut on the Indian stalk market. Both Urmila and Falguni are among a plethora of women who have achieved great success within their respective fields. A key player in their respective success stories has been their city of work, i.e. Mumbai. The financial capital of India, Mumbai is said to never sleep. The spirit of the city is encapsulated aptly within these women and every other `Mumbaikar' who hustles everyday of their lives. But the city also has a thriving infrastructure and support system for budding entrepreneurs and business leaders. Home to a vibrant and lucrative startup ecosystem, Mumbai renders entrepreneurs the opportunity, resources and market to turn their smart ideas into successful reality. According to data presented by the Startup Genome, Mumbai was named as the top player in the Emerging Ecosystems ranking. It outperformed other fast-emerging ecosystems in terms of funding, performance, market research, and talent. The city's system is also strengthened by support provided by a plethora of programs and policies implemented by the state government. This coupled with a strong presence of incubators, accelerators and investors makes Mumbai the ideal choice for entrepreneurs and business leaders alike. Another factor that has worked greatly in the favour of Mumbai is an ever-growing talent pool especially in the field of fintech and B2B startups. For a city that has trading and money markets in its very DNA, Mumbai has birthed several success stories in the space of finance. The current edition of Women Entrepreneur magazine introduces our readers to one such name, Meghana V Malkan, co-founder of Malkansview Training Institute. A lawyer turned finance entrepreneur, Meghana is committed to assisting commoners in achieving financial freedom through stock trading. Her journey and eventual success personifies the very essence of the city of Mumbai. Do let us know your thoughts.
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