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Mamaearth to Loom Solar — these small businesses made it big in India

SUMMARY

Small businesses make it big in India: The country has a rapidly growing market that offers limitless opportunities for those who think outside the box and have the courage to turn their ideas into reality. The tradition of entrepreneurship and small industry has existed in India since the early 20th century. However, recently Indian entrepreneurs have shown that even a small business with a strong idea can make it big. Here’s a look at the top small businesses that made it big in India.

By CNBCTV18.com Aug 30, 2022 7:24:48 AM IST (Published)

4 Min Read

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Mysore Deep Perfumery House |   After quitting a sales assistant job at a textiles store, Prakash Agrawal tried his hand at manufacturing and selling soaps, detergents, and hair oils. However, all his attempts proved to be unsuccessful. When he couldn’t succeed as a manufacturer and his mother suggested that he worked as an agarbatti distributer, he took this as a challenge. Prakash observed that the Indian market for agarbattis was flourishing in the 90s and he decided to give agarbatti manufacturing a try. He borrowed money from his relatives to start the Mysore Deep Perfumery House and agarbatti brand Purab Paschim Uttar Dakshin with his brothers. They started making agarbattis out of a small garage in their Indore house and today, the company has four manufacturing units in Indore with a cumulative floor space of 6.5 lakh square feet. They also set up the world’s largest raw agarbatti manufacturing unit with over 550 machines, reported SMB Story. (Image: MDPH)

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GALF |  Founded by Amit Vasistha, an ex-investment banker, GALF has become India's fastest-growing corporate wellness ecosystem provider. Amit observed the real-life events of his corporate colleagues, particularly CXOs, who were impacted due to stress, anxiety, and depression. The increasing number of cases of loss of life among corporates at a young age prompted Amit to initiate a social media-based wellness campaign in 2016. The campaign focused on embracing "Wellness as A Lifestyle". In 2018, the campaign was commercialised into a start-up and in 2022, GALF created a tech-enabled 360-degree corporate wellness ecosystem called MyGALF". The company has serviced a host of corporate clients across industry segments of banking, financial services, insurance, ITO and BPO firms, and automobile manufacturing. (Image: Mygalf)

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