Masaba Gupta recalls suffering financial crunch during Covid, says, “Didn’t have money to pay my cook; my stores had shut down”

2 months ago 19
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Masaba Gupta is one of the ace designers and is a well-known name. The actress has been quite vocal about her life in the series Masaba Masaba on Netflix. While she is now running a successful business, she recently spoke about the challenges she faced in running her brand during Covid-19 pandemic. Masaba Gupta also shares how her stores were shut and she didn’t have money to pay to her cook due to financial predicaments.

Masaba Gupta on facing financial difficulties

In an interview with Faye D’Souza, Masaba recalled the darkest phase of her life. She said, “In 2020, when COVID hit, it was the worst time of my life. I don’t think I had even Rs 12,000 to pay to my cook. It was that bad. In March, 2020, the lockdown happened and we thought it was mostly for a day or two, and it was extended to 14 days. In those 14 days, my life completely turned around.”

Masaba Gupta recalled being stuck in Goa with her now husband Satyadeep Mishra. “I think it was end of March or the beginning of April when my business head said, ‘There is no money now. It’s done. Nobody is buying anything.’ Fashion was at the bottom of the food chain at that time.” She also said, “I remember crying after every call. My business head was confident, he was sure something would work out. But, we shut down five stores in two months. Some were franchises. Some were company owned. I think I had some ₹2 lakhs in the bank account. So we thought we will hold on to that ₹2 lakhs, keep making masks and keep our focus and cut our losses.”

About Masaba Gupta

Masaba, the daughter of former West Indies cricketer Sir Vivian Richards and veteran actress Neena Gupta, married Indian film producer Madhu Mantena in 2015. They separated in 2018 and finalized their divorce in September 2019. She is now married to actor Satyadeep Mishra since January 2023. Now,  the couple announced their pregnancy in April 2024.

Also Read: Masaba Gupta’s baby shower: Sonam Kapoor, Rhea Kapoor turn ‘best host,’ Neena Gupta roast guests – Pics inside

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