After founding a company, these three entrepreneurs in their own field of passion are now making an impact in their respective sectors.
Mirada Toys
Invest India reports the potential of the Indian toy market to double to reach anywhere between $2-3 billion by 2024.
The global market has only 0.5% of the Indian share, signaling a massive opportunity to leverage change and grow.
Passion and entrepreneurship go hand-in-hand. Aadesh Rohilla and Rohit Sharma are friends for years since they were in YMCA Institute of Engineering, so they both joined hands he had been researching for years when the opportunity called to use it in his own way. They met in 2010 and they both were exploring some entrepreneurial options as both of them wanted to do something of their own.
In 2010, Aadesh quit his job and decided to take on distributing toy brands the same year by the name of Strings Marketing Private Limited. Rohit also joined him the same year. The first company that came on board was New Jersey-based Alex Toys.
In 2014, Aadesh and his company were able to supply high-quality toys across the country. But in 2018, they found their business plan was no longer sustainable because of India’s import situation.
However, lot of steps were taken by Government to reduce toy import dependency.
Feeling the impacts of measures and understanding how the tax could affect business, Aadesh and Rohit started their own toy manufacturing and selling company, Mirada Toys.
To kick start their business both the partners invested 50 Lack rupees initial amount.
Started with just two co-founders is having 300+ people and has a network of 50 distributors and has 2500 outlets.
Mirada Toys which started with passion for toys by two friends has become a market-leading toy company in India with its biggest markets in Maharashtra, Delhi, Guwahati, Lucknow, Rudrapur, Chennai and Tamil Nadu. For nine international toy brands, Mirada is also the OEM which is also a big achievement.
Brillare Science
From owning a family pharma business to giving up everything even having won 21 patents for hi formulations, Ahmedabad-based Jigar Patel wanted to start something different after realizing that his passion is not this.
The personal care industry is rapidly innovating and has huge potential. Jigar, a pharmacist, loved the field of formulation in this industry.
In 2010 passions of Jigar drove him to start a personal care brand, Brillare Science Private Limited with just five people for his R&D unit and began by production and selling 18 products that included moisturizers, shampoos, creams, etc. for salons across India.
Brillare has grown considerably since its founding 8 years ago. Currently, Brillare is scaling up and tying up with 10,000 beauty salons, as well as selling through Amazon, Flipkart, Nykaa and its own website. In March of this year, legacy FMCG brand Emami infused Rs 50 lakh in bid to help the company ramp up their offline presence.
Porvoo Transition Care
Dr Sudhanshu Tyagi is passionate about transitioning patients and for the past 3 years he has been setting up a better solution for Indian people.
After the discharge his mom who was hospitalized for three months due to neurological disorder, he was told that there is no more active intervention available, he sought out the help of a homecare provider to set up home ICU but that led to trouble in the long term.
The struggle becomes even harder when it comes to care at home. Lack of continuity, security, emotional and financial wellbeing are all of concern. Not even the family but patient also goes through trauma.
Having grown up in Europe, Dr. Sudhanshu knew the importance of transition care facilities in India. To his surprise, he couldn’t find any such facilities in India. This forced him to setup the same himself.
Porvoo Transition Care, launched in 2019, is growing steadily at 3X since it started and is offering trendy services in Delhi.