Anamika Pandeys father was a businessman, and growing up, she closely witnessed how each generation was involved in making peoples lives better. Her grandfather fought for the rights of teachers; her father was making education affordable across Eastern UP.
Having spent most of her childhood across Lucknow and Gorakhpur, she discovered there was a big divide between men and women. She was the first girl in the family to step out of the city for graduation. After completing her graduation from NIT Warangal, she worked with BigBasket before deciding to start Naario, a food brand that offers organic cereals, condiments, and beverages.
The pain point was simple but the main aim was to change mindsets and bat for inclusivity of women in every way. And thats why the name.
Naario combines the essence of two words - naari (woman) and opportunity - and aims at democratising good food while building a community of women who are more than ready to tie their creative talents to their identity.
Anamika explains: I grew up believing in people and their power. I had multiple internships with startups during my college days, and this allowed me to get a hang of the culture. While I was back home, celebrating my birthday in December 2019, I asked my mum a very simple question over chai Why do you not launch your Lucknowi masala as a product? I see people getting crazy about homemade food these days. My mom crushed me with her reply, Log kya kahenge ki ab Pandeyji ki bahu ko paise kamane ki zaroorat lagi hai (What will people say? Pandeyjis daughter-in-law now has to work to earn money?)
This problem statement that led her to start Naario from her hometown, Gorakhpur.
Anamika says she wanted to marry health and taste in everyday food items, and amid COVID it had become all the more imperative to follow a healthy lifestyle.
She got together a bunch of women, including her mother, and ran a small workshop in Gorakhpur at the end of January 2021 to understand what they had to offer. Six homemakers turned up with different products, out of which four were a major hit.
The next step was to start a small Facebook group to connect with like-minded women. This led to a business model where women who were passionate about food could launch their products under Naario and others who liked the thrill of business could head distribution in their respective localities. All this would contribute to financial independence.
Naarios products range from breakfast cereal and beverages to condiments and are priced from Rs 100 onwards.
The product might be a 200-year-old rose sherbet recipe or a very rich and cultural take on muesli. The team brainstorms with a large number of people to understand what they actually need in a product, what should the packaging look like, and more. The manufacturing process on ground involves more than 70 percent women while the packaging pays homage to Indian heritage by focusing on varied textiles and fabrics.
The spices are made by women in Kashipur, Uttarakhand, the jaggery powder and 9in1 flour in Lucknow, and the muesli and filter coffee in Tiruchengode, Tamil Nadu.
The audience in Tier II cities, however, are mums, young and old. These are women who take ownership of their familys health and wellbeing. Their identity is very closely linked to what they cook and feed their family, and who in some way are trying to create their own identity.
Naarios impact is not just aimed at financial independence of women.
Anamika elaborates, Recently, a Naario partner lost her husband. She was a homemaker from Lucknow. We took her on payroll as a business development manager because of her consistently great performance. If Naario, as a brand, is able to bring this impact to womens life where they dont think they are alone after a major setback in life, half my work is done.
While competition in this segment is intense, Anamika believes in collaboration over competition.
The solo founder chose to go the angel investments route for funding of Naario in the pre-seed stage. She claims the brand has been growing consistently since its launch with a monthly growth rate of 25-30 percent.
The future seems bright for anyone who is betting on their own health, right? We are looking to expand our product subcategories and our presence across the country, and also start listings on multiple platforms so we are there when and where our consumer decides to buy Naario, Anamika says.
Link:
- Financial Independence [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- The One-Page Guide to Financial Independence [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- 3 Ways to Achieve Financial Independence - wikiHow [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- Eight Secrets to Achieving Financial Independence [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- Success! - How to get Financial Independence and Help For Real [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- Financial Independence: The Final Stage of Money Management [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- The Four Stages of Financial Independence - The Simple Dollar [Last Updated On: June 27th, 2016] [Originally Added On: June 27th, 2016]
- 21 Experts Chatting About Financial Independence | Cash ... [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- 21 Experts Chatting About Financial Independence | Cash ... [Last Updated On: July 5th, 2016] [Originally Added On: July 5th, 2016]
- Welcome - Reach Financial Independence [Last Updated On: July 8th, 2016] [Originally Added On: July 8th, 2016]
- Prepping 101: Financial Independence | Suburban Steader [Last Updated On: July 9th, 2016] [Originally Added On: July 9th, 2016]
- 7 Ways To Declare Financial Independence | Bankrate.com [Last Updated On: July 10th, 2016] [Originally Added On: July 10th, 2016]
- financial independence / early retirement - reddit [Last Updated On: July 12th, 2016] [Originally Added On: July 12th, 2016]
- Prepping 101: Financial Independence | Suburban Steader [Last Updated On: July 14th, 2016] [Originally Added On: July 14th, 2016]
- How to Declare Your Financial Independence - Next Avenue [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Financial Independence: The New and Improved Retirement [Last Updated On: July 27th, 2016] [Originally Added On: July 27th, 2016]
- FMO & IMO | Financial Independence Group, Inc [Last Updated On: July 29th, 2016] [Originally Added On: July 29th, 2016]
- 8 Secrets to Achieving Financial Independence [Last Updated On: October 4th, 2016] [Originally Added On: October 4th, 2016]
- Financial Independence Academy - Sign Up Today! [Last Updated On: November 12th, 2016] [Originally Added On: November 12th, 2016]
- COLUMN-Millennial parents still like to tap the Bank of Mom & Dad - Thomson Reuters Foundation [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Speaking of Women...Are We Really More Financially Independent Now? - Investopedia [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Millennial parents still like to tap the Bank of Mom & Dad - One America News Network (press release) [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- House Dems: Trump wants to put Wall Street first - The Hill [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- 3 insider tips for achieving financial independence | The Motley Fool ... - Motley Fool UK [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- The power of financial independence - KXAN.com [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Republicans Move on Financial Deregulation; Fed Finalizes Stress Test Guidance - Lexology (registration) [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Find out if you qualify for free tax preparation and financial advice - wtvr.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Getting To Know You Tuesday: Elliot Dole - Forbes [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- How to Prioritize Financial Goals When You Can't Do It All - Inside Higher Ed (blog) [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Millennial Parents Still Like to Tap the Bank of Mom & Dad - WealthManagement.com [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Days May Be Numbered for the Consumer Complaint Database - ConsumerReports.org [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Early Retirement & Financial Independence Community [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- How Much Financial Help Do You Expect From Your Parents in the Future? - New York Times [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Court Rejects Order Forcing Parents to Pay Tuition - Inside Higher Ed [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Congress could limit the Fed's independence and hurt the US economy - Washington Post [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Syrian refugee families achieve financial independence in Alliston - Simcoe.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Seattle Metropolitan Credit Union serves and empowers Latino consumers with Juntos Avanzamos program - CUinsight.com (press release) [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Consumers in cross-hairs with Dodd-Frank repeal - mySanAntonio.com [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Sheroes Founder Sairee Chahal ventures for Women's Financial Independence in India's sometimes Suffocating ... - Plunge Daily [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Surviving widowhood: Five tips to avoid financial hardship - Cincinnati.com [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Advocates say more women need financial independence: 'We really do need that extra leg up' - Globalnews.ca [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Q & A with Sr. Maureen Gallagher, setting up financial independence paths for women in Mexico - Global Sisters Report (blog) [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- The road to financial freedom - ABS-CBN News [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Independence Financial Partners - SPECIALIZING IN [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- IDS celebrates 150 years of newswriting | Indiana Daily Student - Indiana Daily Student [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- International Financial Reporting Standards - Wikipedia [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Retiring in their 30s. Yep, they're doing it. - Crain's Chicago Business [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Opinion: Young adults need an easier path to financial independence - LSU Now [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Successful Boomer Women Offer Financial Advice to Younger ... - Fox Business [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Another way to measure retirement readiness: Your 'Power Percentage' - USA TODAY [Last Updated On: February 25th, 2017] [Originally Added On: February 25th, 2017]
- 'Thousands' of cancer sufferers forced to borrow money from parents because of financial difficulties caused by illness - The Independent [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- Column: Financially surviving widowhood - Cincinnati.com [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Oran Hall | Young cop seeks financial independence | Business ... - Jamaica Gleaner [Last Updated On: March 5th, 2017] [Originally Added On: March 5th, 2017]
- 'Game of Thrones' gave financial independence to Conleth Hill ... - Business Standard [Last Updated On: March 7th, 2017] [Originally Added On: March 7th, 2017]
- International Women's Day - Investing for financial independence - Simple Landlords Insurance (press release) (blog) [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- Game of Thrones gave financial independence to actor Conleth Hill - Bollywood Life [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- A Struggle Back to Financial Independence After a Brain Injury - The Good Men Project (blog) [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Financial Adviser | Oran Hall | Young cop seeks financial ... - Jamaica Gleaner [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- theFIREstarter - Financial Independence. Retire Early [Last Updated On: March 17th, 2017] [Originally Added On: March 17th, 2017]
- Linda Leitz: Women, divorce and money: Financial independence is best whenever possible - Colorado Springs Gazette [Last Updated On: March 19th, 2017] [Originally Added On: March 19th, 2017]
- Linda Leitz: Women, divorce and money: Financial independence is ... - Colorado Springs Gazette [Last Updated On: March 19th, 2017] [Originally Added On: March 19th, 2017]
- Italian millennials 'won't reach financial independence until age 50 ... - The Local Italy [Last Updated On: March 23rd, 2017] [Originally Added On: March 23rd, 2017]
- NBA ex-president seeks financial independence for judiciary - Guardian [Last Updated On: March 27th, 2017] [Originally Added On: March 27th, 2017]
- Priceless financial tips from 'Billionaire Cab Driver' money guru - WND.com [Last Updated On: March 29th, 2017] [Originally Added On: March 29th, 2017]
- NOEM: Fighting for financial independence - Rapid City Journal [Last Updated On: March 29th, 2017] [Originally Added On: March 29th, 2017]
- 5 Action Strategies for Financial Independence - Kiplinger - Kiplinger Personal Finance [Last Updated On: March 29th, 2017] [Originally Added On: March 29th, 2017]
- NOEM: Fighting for financial independence - Daily Republic [Last Updated On: March 31st, 2017] [Originally Added On: March 31st, 2017]
- AnuOluwapo Adelakun: Of Epic Twitter Comebacks & the Importance of Financial Independence for Women - Bella Naija [Last Updated On: April 3rd, 2017] [Originally Added On: April 3rd, 2017]
- The Struggle For Financial Independence - The Korea Times US [Last Updated On: April 3rd, 2017] [Originally Added On: April 3rd, 2017]
- Regulatory reform leads to financial independence - Argus Leader - Sioux Falls Argus Leader [Last Updated On: April 5th, 2017] [Originally Added On: April 5th, 2017]
- The Financial Lesson in a $1 Hot Dog - Barron's [Last Updated On: April 7th, 2017] [Originally Added On: April 7th, 2017]
- Five facts about financial independence - finder.com.au [Last Updated On: April 7th, 2017] [Originally Added On: April 7th, 2017]
- Income-producing assets pave the way to financial independence - Moneyweb.co.za [Last Updated On: April 10th, 2017] [Originally Added On: April 10th, 2017]
- 3 Things the Financial Independence Equation Teaches Us - Huffington Post [Last Updated On: April 14th, 2017] [Originally Added On: April 14th, 2017]
- Living a FI | A Geek's Guide to Financial Independence [Last Updated On: April 14th, 2017] [Originally Added On: April 14th, 2017]
- levels of financial independence - Radical Personal Finance [Last Updated On: April 14th, 2017] [Originally Added On: April 14th, 2017]
- A business owner's path to financial independence - BizTimes.com (Milwaukee) [Last Updated On: April 15th, 2017] [Originally Added On: April 15th, 2017]
- Independence Financial Group [Last Updated On: April 15th, 2017] [Originally Added On: April 15th, 2017]
- Calculating Your "Magic Number" -A Fool's Errand - Forbes [Last Updated On: April 17th, 2017] [Originally Added On: April 17th, 2017]
- How to win the endgame of financial independence - MoneySense - MoneySense [Last Updated On: April 17th, 2017] [Originally Added On: April 17th, 2017]