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India’s liberalisation of the insurance sector and the rising popularity of the Internet in the late 90s led to Girish Rao embarking on an entrepreneurial journey.
Vidal Health Chairman and MD Girish Rao
As someone who was looking to challenge the status quo and solve complex problems, the mechanical engineer started Vidal Health in 2002 in Bengaluru to provide third-party administration (TPA) services in the healthcare space.
Shankar Bali a telecom and fintech professional joined him as the Joint Managing Director. “At that time, Indian insurance opened up for private organisations. I got the license and began Vidal Health with the mission to provide good quality TPA services to health insurance policyholders in India and abroad,” Girish tells SMBStory.
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This actor-entrepreneur built a women’s cosmetics brand by selling on Nykaa, Amazon, Flipkart
Alongside ex-Beardo founders Priyank Shah and Ashutosh Valani, actor-entrepreneur Aashka Goradia started Renee Cosmetics in Ahmedabad in 2018, with products like Fab 5-In-1 Lipstick, bold 3D Eyelashes, and more.
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In recent years, the increasing penetration of the Internet and the adoption of western culture in India has led to the growth of online markets for cosmetic products.
Spurred by the digital wave, the Indian market for cosmetics products is estimated to grow at a
CAGR of 4.23 percent to $20 billion between 2020 and 2025, according to data from Mordor Intelligence and Statista.
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