Indian Fashion Business Student Wins Prestigious U.S. Award

WASHINGTON: Aspiring Indian entrepreneur Kartik Verma has won the 2015 edition of prestigious Global James McGuire Business Plan Competition with his business idea 'Assuage Mom' for the maternity wear market in India.

Verma, a level 3 fashion business management student of Pearl Academy, one of India's leading fashion designing colleges, received his award from James McGuire and Douglas Becker, the founder, chairman and CEO of Laureate Education, Inc at an event in Miami Florida recently.

At any given point in time, there are 17 million ready users accounting both pregnant and nursing mothers in India.

However - this market segment, which is growing at an annual rate of 17 percent every year, has been largely untapped.

"Assuage Mom' targets the need of nursing Indian mothers, offering them a wide range of stylish and comfortable nursing clothes," said Verma, about his award winning project.

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