The opinions expressed by Entrepreneur contributors are their own.
You are reading Entrepreneur India, an international franchise of Entrepreneur Media.
From beginning his professional career at tech giant Microsoft, to consulting at McKinsey, to launching his entrepreneurial venture Forefront Capital Management, MD and CEO of Edelweiss Mutual Fund Radhika Gupta's journey has been quite an amazing one. Her venture company, Forefront Capital Management, was acquired by Edelweiss Group in 2014. In 2017, at the age of 34, she became her CEO of Edelweiss Mutual Fund.
“When I moved back to India and started Forefront Capital at the age of 24, building a money management business in India was a very unique experience. Money management is a consumer-centric industry, where customers “The regulated and somewhat invisible nature of the business makes marketing difficult,” recalls Mr. Gupta.
She further added, “Starting a young brand 'Edelweiss Mutual Fund' in such an environment has been challenging for the last six years. This added further complexity.”
Under her leadership, Edelweiss MF has expanded its branches to 35 cities and has grown its assets under management from over Rs 6.5 billion (as of March 31, 2017) to Rs 1.2 billion as of January 31, 2024. increased to. Also, she led the acquisition of her JP. She founded Morgan Mutual Fund and seamlessly integrated it into Edelweiss from 2016 to 2017. Two years later, she spearheaded the launch of India's first corporate bond ETF, the Bharat Bond ETF.
For her exceptional contributions to the industry, she has received numerous prestigious awards, including Young Global Leader of the Year 2022 by the World Economic Forum.
Speaking about appearing as a shark on Sony TV's Shark Tank season 3, she said: “The show's pitch reveals a large number of innovative ideas across different cities, highlighting that entrepreneurship knows no boundaries of gender, location or age. 'What is inspiring is their enthusiasm and ability to achieve important milestones despite limited resources,' says Radhika.
For women looking to manage their money, Radhika shares three rules of thumb. “Firstly, become financially independent. Secondly, learn the life skill of investing early on. Thirdly, be goal-oriented and invest based on your own goals,” concluded Mr. Gupta. I attached it.
Fact sheet:
Number of female employees: nearly 35%
Current assets under management: 120,000 Cr (as of January 31, 2024)
