WOMEN ENTREPRENEUR
WEP and Transunion Cibil to collaborate to enhance financial literacy and business skills of women entrepreneurs
NITI Aayog's Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched SEHER, a comprehensive credit education program for women entrepreneurs. SEHER aims to enhance financial literacy and business skills, enabling women to access crucial financial tools for business growth. This initiative supports WEP’s goal of improving financing access for women in India’s 63 million MSMEs.
PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has instructed PESO to develop safety guidelines for petrol pumps to operate near residential areas, offered concessions for women entrepreneurs and MSMEs, and chaired a meeting to boost PESO's efficiency. He emphasised formulating guidelines in collaboration with CPCB and MoPNG, QR codes for cylinders, and potentially extending licence durations. Stakeholder feedback will inform further committee decisions to streamline regulatory processes.
Scheme unveiled to help 500k MSMEs join ONDC
Ministry's initiatives focus on empowering MSMEs, especially micro-enterprises, through various schemes, including Khadi brand rejuvenation and interest subventions. Rajneesh, the development commissioner, highlights the importance of these initiatives for the growth and development of small businesses.
Entrepreneur compares Bengaluru to San Francisco, says it's mega cheap except rental deposits
Indian-origin entrepreneur Hardeep Gambhir, who moved to Bengaluru after seven years in San Francisco, praises the city for its SF-like experience, startup ecosystem, and affordability, though he criticizes its high rental deposits.
MSME Day 2024: Participation of women in MSMEs increases but challenges remain
MSME Day 2024: While the role of women has increased significantly in India’s MSME set-up, certain challenges remain which need to be soon addressed. Notably, the women-led MSMEs play a critical role in this set up. They contribute significantly to employment and investment.
Celebrating the inspiring journeys of four small business innovators who dared to dream big
Entrepreneurs like Yashovardhan Sharma, Kanak Deka, Biju Kuriakose, and Reena Chauhan embody resilience and innovation in India's MSME landscape. Through programs like Walmart Vriddhi, these entrepreneurs thrive, preserving heritage, empowering communities, and shaping a brighter future for Indian households with unique products and sustainable practices.
- Go To Page 1
Women-focused fintech startup Lxme raises $1.2 million from Kalaari Capital, others
Focused on women's finances, Lxme has secured $1.2 million in seed funding. Kalaari Capital led the round through its CXXO initiative, backing female-led businesses. The startup will capital for brand building and user acquisition across the country.
Kinara Capital's resilient model gives it 51% profit rise despite distress in fintech sector
The fintech company has been profitable even when the customer segment was disproportionately impacted, says Hardika Shah, Founder & CEO of Kinara Capital. She says this has happened on the back of a balanced business model and strategic planning.
Empowering women with financial planning: Term insurance as a safety net
Women often overlook self-care while balancing caregiving and financial roles. Recognizing the importance of insurance coverage for financial stability is crucial for long-term resilience.
PE-VC sector's Laapataa Ladies
Take the PE-VC landscape. Venture capital is still a man's game, and underrepresentation of women at the helm translates into a missed opportunity for the entire sector. Several groundbreaking ventures go untapped because the room lacks the perspective that resonates with a significant portion of the market. There is gross underrepresentation of women, both as entrepreneurs and investors.
SBI and Muthoot Microfin join forces to support women entrepreneurs
Muthoot Microfin partners with State Bank of India to provide financial services to women in rural and semi-urban areas. The co-lending initiative targets joint liability groups involved in agriculture and other income-generating activities, offering loans ranging from Rs 10,000 to Rs 3 lakh.
“EORS is going to be a game changer”: Uptownie’s Co-Founder Shivani Agarwal on the fashion brand’s partnership with Myntra
Myntra, a popular e-commerce platform, offers a vast selection of women's western wear, including trendy tops. Uptownie, a well-loved brand on Myntra, provides affordable and trendy fashion for Indian consumers. The ongoing End Of Reason Sale on Myntra presents great deals on Uptownie's viral products.
XX chromosome factor: Women voters could rewrite India's polity
It will be a transformative moment in the social fabric of India, inspired by growing empowerment of women. Over the last decade, a range of government initiatives, both at national and state levels, have empowered women like never before. As a result, political parties can no longer take this cohort, accounting for half of the 970 mn electorate, for granted.
Peer community groups can help with financial success of women entrepreneurs in tier-II cities and beyond: Tide India’s Gurjodhpal Singh
Tide India has come up with a women aspiration index which shows the challenges and opportunities for women entrepreneurs in non-metro cities.
Phenomenal job by PM Modi in making India rise on world stage: Silicon Valley entrepreneur
"Objectively speaking, when you look at the sentiment in India or the sentiment globally about India, the only observation you have is that Mr Modi is doing a phenomenal job of making India rise again on the world stage," Sandeep Bhat, the co-founder of Devicethread, a startup aimed at revolutionising the hospitality industry by connecting digital and physical infrastructure, told PTI in an interview.
Only 3% women entrepreneurs in tier 2-3 cities have access to external funding: study
Merely 3% of women entrepreneurs in India's tier II and III cities had access to bank loans or equity investments. The study highlighted the need to close the gender gap in employment and the lack of data on women entrepreneurs.
How Bengaluru entrepreneur got Rs 1.7 crore back after losing Rs 2.7 crore in fraud
A 52-year-old woman entrepreneur, defrauded of Rs 2.7 crore by cybercrooks, is set to recover Rs 1.7 crore after police traced and froze the miscreants' bank accounts. Prompt filing of a police complaint facilitated the freezing of accounts, with police noting this as one of the largest sums returned to a cybercrime victim recently. The victim, lured by promises of earning money through YouTube likes, ended up investing heavily before realizing the fraud.
Financial credit a challenge for almost half of women entrepreneurs in MSMEs: report
A ‘Bharat Women Aspiration Index Report’ by Tide India reveals a critical gap: 95% of surveyed women lack awareness of government schemes that could help finance their businesses, forcing them to rely on informal lenders.
Centre drawing up road map to invest in women entrepreneurs
Banks and insurance firms will launch campaigns and leverage digital banking units (DBUs) to enhance outreach, officials said, adding that a roadmap with quarterly targets is also being discussed.
L&T Finance signs $125-million pact with JICA to aid farmers and women entrepreneurs
L&T Finance Holdings Ltd has signed pact with JICA and Asia Development Bank for $125 million to fund marginal farmers, women entrepreneurs, women borrowers, MSMEs, two-wheeler loans, and provide formal access to credit in rural and semi-urban India, supporting the Indian economy and addressing poverty reduction.
Indian entrepreneurs are among the best in the world: Naspers CEO
Phuti Mahanyele is the chief executive of Naspers South Africa, a global technology investment group, which has huge investments in India as well. He was speaking at an event for International Women's Day.
GetVantage launches Rs100 crore 'Rise-Up Fund' for women entrepreneurs
GetVantage will disburse the funds through its own NBFC GetGrowth Capital, along with Varanium’s Debt Fund partnership, among other NBFCs and AIFs.
Empowering women in entrepreneurship: A journey of resilience and overcoming obstacles
"Together, we can break down barriers and shatter stereotypes," says Neha Suyal.
The rise of women in entrepreneurial roles in India
India's startup ecosystem, currently ranked as the third-largest globally, is witnessing an unprecedented boom, with women entrepreneurs playing a pivotal role in this surge.
Majority of working women keen to become entrepreneurs, start their own biz: Survey
A survey of over 10,000 working women aged 24-55 across metros, tier 1 and 2 cities, found that 76% want to start their own businesses. 86% want to learn and upskill themselves in financial instruments like budgeting and investing. 68% of women entrepreneurs manage their company accounts independently, while 32% rely on professionals or family members. 68% of businesswomen invest their money, while only 51% of salaried women do so.
Assam government launches scheme to develop 40 lakh women SHG members as rural micro-entrepreneurs
The Assam government has introduced a scheme aiming to transform approximately 40 lakh women Self Help Group (SHG) members into Rural Micro Entrepreneurs or "Lakhpati Baideos" (sisters) with an annual income target of 1 lakh for each member. The scheme, with an allocation of around Rs 4000 Crore, focuses on promoting entrepreneurship while incorporating population and girl child education norms.
Load More
