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August 16, 2023

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Aaman Shah’s inspiring entrepreneurial journey started when he was just 16 years old. Aaman comes from India and started a company called DripUp – a global enterprise reaching the USA, India, and Canada, with a specific focus on engaging the youth.

Aaman Shah’s story started with his curiosity about sneakers, wondering why people are willing to spend lots of money on sneakers like Nike and Jordan. He went to other places outside his hometown and noticed lots of people loving sneakers. Collaborating with his friends Dhruv Seth and Mufi Dharani, Aaman delved into the latest sneaker trends, discovering their potential for substantial profit.

Aaman went from being a sneaker fan to someone who sells them. In 2020, he saw people spending $20,000 on sneakers that used to cost just $200. That’s when he got the idea to start DripUp.

DripUp has carved a niche in the sneaker market by leveraging online platforms such as Instagram, WhatsApp, and Facebook. Aaman’s ingenious approach to the business, centered around fostering a strong sneaker culture while ensuring customer satisfaction, has earned DripUp a reputation as a trusted source for premium sneakers and watches. Through the challenges of the ever-evolving market and the complexities of running a business as a student, DripUp has not only survived but thrived.

When people ask why customers spend a lot on sneakers, Aaman Shah says it’s because they’re special and not everyone can get them. He thinks people buy from him because they know he’s trustworthy, according to his interview with Startup Story Media.

Aside from just making money, Aaman aims to have good relationships with his customers. He sells special sneakers like Yeezy and Jordans, and he’s honest about how much he makes from it.

Even though the sneaker business has some tough parts, Aaman Shah’s dedication to the sneaker world and his ability to handle tough situations show that he’s a strong and determined young businessperson.

Featured Image Source: Instagram

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Established in 1984 in Westminster by their Taiwanese immigrant father, Roger Chen, the grocery store has now evolved into one of the largest Asian supermarket chains in America, with 58 stores in 11 states and its headquarters in Buena Park, California.

Catering extensively to ethnically Chinese communities, 99 Ranch Market has become more than just a grocery store for many Asian Americans in California. The name “99 Ranch” carries a double meaning: “ranch” symbolizes freshness, while “99,” pronounced “jiu jiu” in Mandarin Chinese, conveys longevity – signifying the company’s pursuit of near perfection with a commitment to constant improvement.

Jonson and Alice Chen represent the new generation of leadership steering the nearly 40-year-old grocery chain’s expansion across the United States. As children, they spent countless weekends at the store and their childhood experiences provided them with valuable insights and knowledge.

Today, the company grows most of its produce on specialty farms across the United States and Mexico, with a team of over 7,000 employees, 82% of whom are bilingual, to cater to the diverse needs of their customers.

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As the Chen siblings carry the legacy of 99 Ranch forward, their commitment to serving their community and striving for excellence remains steadfast, ensuring the supermarket chain’s continued success on a national scale.

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The food and beverage industry, long dominated by men, is witnessing a transformation as a new wave of young female duos are making their mark and reshaping the sector to reflect their own vision. These inspiring women are blending their Asian heritage with a global upbringing and a willingness to take risks, showcasing the power of collaboration and innovation.

Elaine Chen and Maia Mah perfectly demonstrate this, as the regional director and creative director of Fukien Old Wine, a 181-year-old Chinese cooking wine brand. They organized a cocktail pop-up event at Soho House Hong Kong, combining traditional Chinese wine with modern trends.

Despite facing initial skepticism from their male-led head office, Chen and Mah are determined to introduce new ideas and adapt to societal changes. The success of the event surprised their colleagues, highlighting the duo’s ability to think outside the box.

Meanwhile, in Taiwan, Square Jao, a production designer, and her partner Lily Lin opened Plants Eatery, the country’s first gluten-free, whole-food restaurant. After the Fukushima disaster, Jao and Lin embarked on a mission to promote sustainable eating and raise awareness about the impact of food choices on the environment.

While vegetarianism is already popular in Taiwan, Jao and Lin’s restaurant offers strictly plant-based, gluten-free options, avoiding processed mock meats. Aside from their restaurant, they also published a cookbook in hopes to influence culinary schools to embrace plant-based and gluten-free cuisine, according to Tatler Asia.

In Japan, Eri Miyagi and Miki Nomura, both third-culture kids raised in the US, co-founded Cabi, a condiment brand aimed at introducing the flavors of Japan to Gen Z and Millennial home cooks. Cabi’s debut seasonings, including umami dashi soy sauce, sweet yuzu vinegar, and zesty sansho peppercorn miso, are designed to be versatile and cater to the modern urban lifestyle.

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EFishery, an agritech startup in Indonesia, has achieved unicorn status with a valuation of $1.4 billion, following a successful Series D funding round.

The company, co-founded by Gibran Huzaifah, who grew up in a disadvantaged neighborhood in Jakarta, raised $200 million in the latest funding round, led by Abu Dhabi’s 42XFund, with its value tripling from more than $410 million in 2022.

Notable participants in the funding round include Malaysia’s state pension fund Kumpulan Wang Persaraan, ResponsAbility Investments AG, 500 Global, and existing investors such as Northstar Group, Temasek Holdings Pte, and SoftBank Group Corp.

EFishery serves approximately 70,000 fish and shrimp farmers in Indonesia, providing them with technological solutions for their aquaculture operations. The recently secured funding will enable EFishery to fuel its expansion plans in Indonesia and India. Moreover, CEO Gibran Huzaifah expressed his ambition to pursue an initial public offering (IPO) in either the United States or Indonesia within the next two years.

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Huzaifah grew up in the vicinity of slums in eastern Jakarta facing financial hardships due to his father’s job loss during his university years. With limited resources and no support network in a new city, Huzaifah found himself seeking shelter in various places, including the university campus and local mosques. At one point, he endured a three-day period without food. 

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