Various women entrepreneurs have also shown interest in investing in the retail sector. The 3rd edition of Women Leaders in India, which recently took place in Mumbai, was one such platform, meant to recognise young women talents in the retail sector. Anisha Singh, CEO of mydala.com, received the ‘Leading Woman Retail’ award during the event. mydala.com is India’s first and largest social commerce portal offering city-specific and pan-India deep-discount deals.
Company speaks
Speaking during the event, Ms Singh said, “I thank the organisers of the annual ‘Women Leaders in India’ event for honouring me with this ‘Leading Woman in Retail’ award. At mydala.com, our focus has always been innovation and each day we try to source better and better deals for our customers, to generate immense value for our merchant partners and customers. I owe this success to the millions of mydala customers who have constantly supported me and my team.”
The HeadofConference and Summit at iiGlobal Business Information Private Limited Steven Andrews, said, “Each year, the Women Leaders in India event keeps growing bigger and bigger, signifying the increasing success that Indian women are achieving in business, even as a large section still needs to come into the mainfold. But with the growing size of our event, it becomes very difficult to choose one award winner in this cut-throat competition. Anisha’s pioneering vision of the potential of group-buying way back in 2009 to successfully convince merchants on the business case for yielding huge discounts and convincing customers on the safety of online transactions, is commendable, given that back then it was a concept no retailer in India had known too well.”
Besides giving recognition for the hardwork put in, the event also aims to encourage new and young women entrepreneurs to enter the retail industry.
Sambuddha Sengupta
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The Indian retail industry has been on a rapid growth mode over the last few years. With industry insiders feeling that the sector will witness robust growth during the year 2012, more and more young entrepreneurs are looking to invest in the sector. 
