"I'm enjoying being an entrepreneur. I've co-founded a tech startup that makes fitness apps. Our first app, First Run, came out two months ago. In addition to that, I run a production company that makes interesting digital television content," said Gul at the curtain raiser of the Lakme Fashion Week.
She will be wearing her close friend Urvashi Kaur's designs at the event.
Asked about the culture of studios and big production houses ruling the film production market in Bollywood, Gul, who is also a producer, said: "It's a huge challenge to be an independent filmmaker and try and match up to the marketing blitz that bigger studios and bigger producers put up.
"But that's the nature of the game, you can't be in the game and complain about the rules. You know what the rules are, you need to play by the rules."
Gul hasn't been seen in films of late after "Ab Tak Chappan 2" but clarifies that she doesn't want to quit acting.
"Of course I do enjoy acting, and reading scripts is what the challenge comes down to. I haven't really found interesting scripts so far.
"There is a film in the pipeline. You'll hear about it soon. Watch this space."