Ritu Jadwani, LaunchPad alum and founder of Namaste NYC, has enjoyed a global journey from Gujarat, India to New York City, and now Philadelphia, PA. Along the way, she’s attended countless events, conferences, trade shows, and programs and has found the key to her success has been meeting new people, learning what she can from others, and finding ways to help each other out.
As a young woman studying for her Bachelor’s degree in India, Ritu Jadwani recognized a problem. For some lower-class women in nearby villages, working was frowned upon or simply not allowed. At the same time, other young women even from more well-off families were returning to their parents’ homes after finding themselves separated from their husbands. Neither group had many options and Ritu wanted a different path for herself and other women in India: independence and autonomy.
In 2013, in response to this observation, Ritu started Namaste NYC, an ethically-motivated
“We started as a B2B wholesale distribution model showcasing at trade shows, which helped us build relationships with stores, museums, galleries and small boutiques in North America,” said Ritu. “In addition, we showcased at various retail shows in India, which helped us get in-person customer feedback, and we launched the best sellers online, through multi-brand market places that shipped globally.”
Ritu also studied at the Fashion Institute of Technology (FIT) in New York, which helped her learn international design trends, and Jefferson University in Philadelphia to earn a Master’s in Global Fashion Enterprise in 2019.
While a Jefferson student and running her business, Ritu began attending weekly Launchpad-hosted lunches, making sure to introduce herself and her company to every speaker (regardless of their industry or background). She also made use of regular mentoring office hours, speaking with individuals who advised her on topics including funding, product development, and pitching. The Launchpad at Jefferson also introduced Ritu to the 2017 Top Ram business pitch competition (which awarded her a special prize recognizing her success) and sent her to the 2018 Propel event (then called “Training Camp”) back in New York.
“All the events, programs, and initiatives by LaunchPad have proven useful to me,” said Ritu. “I am really thankful to Blackstone for helping connect us with mentors who made sure to keep track of our progress with regular phone calls and emails.”
Following Propel/Training Camp, Ritu was introduced by Blackstone to Brandon Adoni, an Assistant Vice President, with Blackstone Real Estate's Legal and Compliance Team. Brandon provided valuable feedback on how to craft the brand story by including more visuals and videos of artisans to educate customers about how and where the products are made.
Currently, Namaste NYC works with around 20-30 female artisans in Gandhinagar and elsewhere and has about 200 leather artisans and 100 block printers who help fulfill orders. Namaste also continues to partner with nonprofits to train disabled women in the villages.
For 2020, the company plans to relaunch its Etsy and Shopify channels so that it can increase online sales directly to consumers, and also maintain and grow its network of wholesale distribution partners. In terms of operations, Ritu hopes to further develop and refine the team in India so that she can step back from the day-to-day physical decision-making activity. She continues to work at the Jefferson University entrepreneurship center while the team in India runs the company.