Business Insurance Women To Watch 2022 – This year, the Asia-Pacific region has entered a post-pandemic period as governments, citizens and businesses learn to live with Covid-19. With this change comes the question: How do you recover from the nearly three years of turmoil that has affected the industry?
Despite the uncertainties of the new era, the 20 women in Asia’s Women Entrepreneurs 2022 list offer different strategies to help their businesses thrive. Some work in challenging industries such as transport, infrastructure and construction, while others continue to innovate in fields such as technology, medicine and manufacturing.
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As has been the case since 2019, this year’s confirmed women are new entrants, further expanding our network of Pioneers in the region. They were selected because of their achievements in their current roles managing a capitalized company and the strong leadership they have demonstrated throughout their careers.
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Alagh — which includes personal care brands Mamaearth, The Derma Co, Aqualogica and Ayuga — closed a $55 million funding round led by giant Sequoia Capital India in early January, valued at $10.2 billion, and became a unicorn. She co-founded the Gurgaon-based company in 2016 with her husband Varun, who is the CEO.
It all started when Alagh looked for chemical-free options for their baby skin. “We haven’t found an option that is readily available in India,” he said by email. Seeing a gap, “we decided to create Mamaearth and move into ‘non-toxic’ baby care products.” The company started with seven products, including baby lotion and shampoo, and has since expanded into cosmetics and skincare. In the past 12 months, it has bought stakes in segments focused on Momspresso women, BBLUNT salons and beauty brand Dr. Seth.
Honasa nearly doubled its client revenue to $10 billion ($121 million) in the year ended March 31, 2022, from online and in-store sales. Honasa, an ‘honest’, ‘natural’ and ‘safe’ association, made its first profit of Rs 250 crore in 2021 and is expected to be profitable this year as well.
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Not only is Amano the first female head of her family’s fireworks company, Souke Hanabi Kagiya, whose fireworks making and production techniques have been passed down for nearly 360 years, she is also the first woman in Japan to run a fireworks manufacturing company. Souke Hanabi Kagiya is one of the most famous Japanese companies in the traditional business tradition. Its roots can be traced back to 1659, and it has been included in the annual festival parade along the Sumida River in Tokyo since 1733, making it one of the most important fire festivals in Japan.
Amano, the 15th generation in the family, succeeded his father as manager of the Tokyo company in 2000. In preparation for the job he accepted at the age of 29, he is said to have insisted on learning his craft from other fireworks manufacturers. Working in his family’s company, he won’t be treated very well.
To hone his skills, he earned a Ph.D. In 2009 he studied art at Nihon University, where he researched fireworks that show “emotional effects on people”. It’s a combination of visual and audio capabilities that pyrotechnic experts can tweak to change what viewers see, he said in a video call.
She is a former member of Japan’s national judo team and the first Japanese woman to become an Olympic judo athlete at the 2008 Beijing Olympics. Amano is back-to-back champion at the 2020 Tokyo Olympics, which will be postponed in 2021. In 2019, he received a seventh-dan black belt, one of the highest levels of judo. Judo and his family also run a judo school, of which he and his father are principals. .
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Amano wants his university-bound daughter to take over as the 16th-generation president — though Amano says it’s up to him. The boss stressed that those in his company should remember that fireworks are not just for fun. “Fireworks are a symbol of peace,” he said. “Even 20 or 30 years from now, I don’t want our people to forget that.”
Carr founded Bubs Australia infant formula in 2006 after experiencing her first months as a mother and her daughter’s food allergies. The former marketing director of Cathay Pacific Airways in Hong Kong developed a goat milk formula to help her daughter wean himself from breast milk. Bubs is now a big seller for Australian retailers such as Coles and Woolworths, and is also making waves in China and the US. “I’ve always been an entrepreneur,” Carr said. “As a kid, I had lots of lemons.”
Bubs (Australian slang for baby) has come a long way since Carr started selling baby food from the back of her trolley at the weekend market in the northern Sydney suburb of Newport, where she lives with her husband and three daughters. The Sydney company, which began trading on the ASX in 2017, more than doubled its revenue to A$89 million ($57 million) in the current financial year to June 30, partly due to fat profits Daegu trading channel. – Retail agents in Australia source and ship products overseas on behalf of Chinese customers.
The centers are poised for rapid growth after the United States launched Operation Fly Formula earlier this year in partnership with foreign manufacturers to address shortages in the country. In May, US President Joe Biden tweeted: “I have some good news: 27 million baby-safe feeding bottles from Bubs Australia will be shipped to the US.” His management has chartered a plane to take Bubs products are shipped across the Pacific and the deal is expected to generate more than A$55 million in sales within six months.
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Bubs’ revenue is expected to grow more than 80 per cent in the year to June 2023 to A$162 million and reach A$162 million in the year to June 2023, thanks to contributions from American girls, Australian brokerage PAC Partners said in an August research note. A$217 million next.
Seeing the U.S. market as a new pillar of growth, Bubs sought Food and Drug Administration approval in early October to gain permanent access to the world’s largest economy. The company works with retailers to sell its products in 6,500 stores in 42 U.S. states. In July, Bubs raised A$63 million by selling shares to institutional and retail investors to fund working capital and triple its production capacity to meet demand. “I always dreamed of being [a million-dollar company],” Carr said. “Now I’m thinking, what’s next? We’ll think about a billion, what’s next. I think it’s possible.”
Choi was named to the top job at South Korea’s largest internet company (Market) in March and the country’s fifth-largest conglomerate after Samsung, SK, Hyundai and LG. She takes over as Naver’s first female CEO from Han Seung-suk, 55.
Choi is the former head of global business support at Naver, responsible for driving Asia forward, operating a search engine in South Korea (used daily by more than 30 million people, about 60% of the country’s population) and Line, one of South Korea’s search engines engine. Asia. The most popular SMS in partnership with SoftBank. In Choi’s first big decision as CEO, Naver announced in October it was buying Poshmark, a California-based second-hand clothing marketplace with more than 80 million registered users, for $1.2 billion. Once completed, it will be Naver’s largest acquisition to date, combining Naver’s shopping service with e-commerce technology.
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Millennial CEO plans to run Naver. In April, a month after taking the job, he set a goal of doubling annual revenue to 15 million won ($12 billion) within five years. “Naver’s product portfolio, technology leadership, and strong partnerships in Korea and abroad will create synergies that will help us grow exponentially,” Choi said in a statement announcing the deal. In the second quarter of this year, Naver’s revenue rose 23 percent year-on-year to 2 trillion won, helped by a more than 136 percent increase in its online cartoon business. Sales rose 29 percent to 6.8 trillion won last year.
To boost its online platform, Naver said in April it would continue to make content-related acquisitions, such as its $600 million purchase of Toronto-based online platform Wattpad last year. The company also plans to grow its metaverse Zepeto platform globally and invest in related businesses such as online gaming and virtual reality.
Choi holds degrees from Harvard Law School and Yonsei University Law School in Seoul, and worked as an attorney at Yulchon, one of the largest law firms in Korea, before joining Naver in 2019. Choi is the technology company’s second lawyer to lead Naver after former judge Kim Sang-hoon before Han. Earlier in his career, Choi worked in communications and marketing for NHN, which split into two companies in 2013 — Naver and online game maker NHN Entertainment.
Coates assumed the chair of CSR Building Products in September 2019, shortly before the Covid-19 outbreak.
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