65 percent of Good Glamm Group’s workforce constitutes women, said Naiyya Saggi at Storyboard18 - Share The Spotlight

This comes at a time when women exiting the workforce has reached a record high.

By  Storyboard18| May 30, 2024 8:46 AM
Naiyya Saggi, group co-founder of The Good Glamm Group.

About 65 percent of Good Glamm Group’s employees are women, said Naiyya Saggi, co-founder Good Glamm Group and CEO, Good Community, at a time when women exiting the workforce reached a record high.

Saggi was speaking at the first-ever edition of Storyboard18's Share The Spotlight, where she was joined by Neelu Khatri, co-founder and SVP Akasa Air, Jyoti Bharadwaj, founder of TeaFit, and Suta's co-founder Sujata Biswas.

“The beauty of being an entrepreneur in India is that you're actually able to create impact. We're very proud to say that Good Glamm Group has a 65 percent women workforce, which is extremely rare,” said Saggi on May 29, at Storyboard18’s Share The Spotlight event in Mumbai.

Saggi added that she, who has recently joined the governing council of Tech Entrepreneurs Association of Mumbai (TEAM), is now running the charter to have more women in middle-level and leadership positions in STEM (Science, technology, engineering, and mathematics) roles.

“India has the highest number of women joining the STEM programs at about 45 percent. Still in the corporate circles women drop off by the time they reach mid-level and leadership roles,” she added.

The tech entrepreneur is now making an attempt to bring more women engineers and make them a part of the leadership roles, she said. TEAM includes founders from Mumbai-based startups, such as Nykaa, Pharmeasy, Upgrad, Upstox, Good Glamm Group, Zepto, Pepperfry, Infibeam Avenues, Pine Labs, BillDesk, Clevertap, Loginext, Rebel Foods, and Purplle, among others.

“I was a sole woman founder building a consumer tech company. And I was asked, "Why don't you have a male founder?" It is something I want to change,” she added.

This comes even as there is a widening gender disparity is evident in the Indian startup ecosystem, with 57 unicorns having no women on their boards.

First Published onMay 30, 2024 8:34 AM

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