2024 Recap: 5 Women Entrepreneurs Inspired Us with Innovation

By: WE Staff

In 2024, India's entrepreneurial landscape has seen a significant shift, with women leading the charge in innovation and societal impact. These trailblazing entrepreneurs have excelled in diverse industries, empowering communities and generating employment opportunities. Their ventures, spanning technology, sustainable development, healthcare, and education, demonstrate the power of perseverance, creativity, and vision.

During the year 2024, Women Entrepreneurs Review Magazine had conversations with various women founders who are the pillars of innovations and inspiration. These visionary women entrepreneurs have transformed industries like education, information technology, and fantasy sports, demonstrating endurance, determination, and commitment to good change. Their extraordinary accomplishments serve as a testament to their transformational power.

Join us as we look back to the year 2024 and cherish these women’s journey toward different yet extraordinary initiation of change

GenAI to Revolutionize Women's Workforce in Executive Roles: Report

India's tech workforce, comprising 36 per cent of the workforce, is underrepresented in executive roles. Gen AI, which is expected to revolutionize the industry, can help women overcome traditional barriers and excel in their careers. However, there is a clear disparity between women's recognition of GenAI's importance and their clear confidence in using it. NASSCOM and BCG released a report, "GenAI: The Diversity Game Changer We Can't Ignore," during the Global Inclusion Summit, Bengaluru, analyzing women's adoption of AI and recommending actionable steps for an inclusive environment and sustainable growth.

Bhagya Rangachar: Redefining Learning Access by Bridging The Education Gap

Edtech is crucial in reshaping education by making learning more accessible, personalized, and efficient. It bridges gaps in traditional education systems, especially in underserved areas, by providing digital resources and tools that enhance teaching and learning experiences. Edtech leaders play a pivotal role in driving this transformation, as they are the visionaries who design and implement innovative solutions to meet the diverse needs of learners. Bhagya Rangachar, Founder of CLT India (Regd. Name: Children’s LoveCastles Trust), has demonstrated outstanding leadership by diligently introducing appropriate low-cost technology to government schools in underserved communities, most of which being in rural. At CLT India, the belief is that every child, regardless of their circumstances, deserves access to a vibrant educational environment to help them build a life based on their dreams and aspirations. This conviction drives their mission.

WE Hub & Women In Tech India sign MoU Supporting Women's Education & Business

WE Hub, a tech-focused organization, has partnered with Women In Tech India to support girls and women in technology, education and business. WE Hub CEO Sita Pallacholla and Women In Tech India's country director Radhika Iyengar have signed an MoU to collaborate on capacity-building programs, STEM courses, and entrepreneurship programs for girls and women in technology education and business, enhancing skills and knowledge.

The MoU between WE Hub and Women In Tech India aims to support women-led startups by leveraging each other's networks and resources. This collaboration aims to create a supportive ecosystem where women can excel in technology, education, and business. WE Hub offers capacity-building programs, workshops, and training sessions, empowering girls and women with essential skills. It collaborates with educational institutions, industry experts, and other organizations to enhance the impact of their initiatives.

AI in Photography & Beyond: A Paradigm Change

Reema Shah, a media and marketing professional, is a founding member at Algomage, a company that focuses on delivering images with the help of facial recognition, which is powered by Artificial Intelligence. She previously worked with Reels and Frames, a celebrity- wedding photography company.

In a recent conversation with Women Entrepreneurs Review, Reema shares her experience in the wedding industry highlighting the importance of addressing the need for Artificial Intelligence in modern-day tasks.

In the dynamic world of modern industries, to what extent do you see the role of artificial intelligence in helping businesses to overcome complex challenges and facilitating innovation for sustained growth?

Artificial intelligence (AI) is a technology designed to automate business processes, providing a balance between innovation and automation. For example, conversational AI, such as Chat GPT, can be used to provide a starting point for ideas or communicate product information. AI also plays a crucial role in customer service, as it helps companies understand their customers better and address issues like incorrect facial recognition or lighting.

AI also offers accuracy in data insights and management, making it easier to analyze data and make better decisions. AI can help companies pitch their proposals and create brilliant presentations. However, AI cannot replace the human touch and human-like abilities that humans can achieve. Overall, AI is essential for businesses to grow and succeed.

Navigating AI-Driven Cloud Adoption: Balancing Innovation with Data Security in Telecom

Koel, with over 27 years of experience in the tech industry. She has led major transformations and the adoption of new technologies at companies like Ericsson, Cisco, and Tata Communications. Her expertise spans wireless and wireline domains, covering multiple generations of fixed mobile technology.

In a recent conversation with Women Entrepreneurs Review Magazine, Koel shares insights into the evolving landscape of managed services in the telecommunications industry. She discusses emerging trends shaping the future, strategies for leveraging automation to drive innovation, and innovative approaches for accelerating AI-driven cloud adoption while ensuring robust data security and compliance.

Given the rapid advancements in cloud computing and AI, how do you see the current landscape of managed services evolving in the telecommunications industry? What emerging trends are shaping the future?

The technology landscape is changing at a very fast pace with rapid strides in cloud computing, cybersecurity and AI. Managed Services has more or less become the norm today with most of the enterprises and service providers believing in the power of the same. With the advancement of technology, there are lot of innovations that we are seeing in managed services space and there is still immense possibility. Most of the enterprises today have their applications and data across private and public cloud, and from a managed service provider, the key requirement is to maintain similar SLAs irrespective of where the application is hosted. This requires advancement in tools for measurement, reporting, fault management and assurance across private and public cloud infrastructure and close working with all the public cloud providers. We can see use of AI increasing to identify repeated failures and predictive maintenance planned from these inputs. Managed services are becoming more integrated with AI-driven analytics, allowing telecom providers to offer predictive maintenance, enhanced customer support, and optimised network performance. This shift is helping telecom companies reduce operational costs and improve service quality.