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News on Medial
Bengaluru-based companies announce Rs 6.5 crore prize challenge to create digital work opportunities for women
Economic Times
·
8m ago
Medial
The Nudge Institute and Mphasis, based in Bengaluru, have announced the 'Digital Naukri Challenge' to create digital work opportunities for one million women by 2030. The challenge invites tech startups and innovators to unlock gainful employment opportunities for more women in India, with a prize purse of Rs 6.5 crore. The companies have collaborated with the Government of India platform Manthan to promote collaborations at scale. The initiative aims to bridge the digital divide and close solution gaps to create an inclusive future where technology drives progress and transforms lives.
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Forecasting the Evolution: Women Entrepreneurs' Vision for the Future of Business
StartupTalky
·
1y ago
Medial
With International Women's Day approaching, the role of women in business is being redefined by female entrepreneurs who are leaving a significant mark. Their ability to overcome hurdles and create a sense of team cohesion is transforming lives. Several women entrepreneurs share their perspectives on the future of women in entrepreneurship. They emphasize the need for empowerment, diversity, and inclusivity. They commit to supporting women in their entrepreneurial endeavors, breaking stereotypes, and fostering an environment where every woman's ambition can thrive. Challenges such as access to funding and work-life balance need to be addressed to create equal opportunities for women.
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Rapido to launch Pink bikes for women; employ 25,000 females
Economic Times
·
5m ago
Medial
Rapido, a Bengaluru-based ride-hailing service, plans to launch an all-women "Pink bikes" initiative in Karnataka by 2025, targeting 25,000 female jobs by deploying women drivers for female passengers. This initiative aims to create a safe, empowering environment for women in the workforce. According to Rapido's co-founder, Pavan Guntupalli, women without advanced skills can access these opportunities, with 35% of the workforce from smaller towns. This strategic move also enhances shared mobility services.
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Ola rival Rapido to onboard over 200 women as auto-rickshaw captains
IndianStartupNews
·
1y ago
Medial
Bengaluru-based ride-hailing giant, Rapido, plans to add over 200 women as auto-rickshaw captains in the next three months. Currently, they have 50 women captains and aim to expand by partnering with NGOs in Coimbatore. Rapido will provide training in safety and driving skills, and introduce micro-loans and family health insurance for women captains. This move aligns with Rapido's commitment to empower women and promote gender inclusivity. Rapido recently launched 'Bike Pink' in Chennai to create employment opportunities for women riders.
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Flipkart Ventures and DPIIT launch Flipkart Tourism Challenge
YourStory
·
3m ago
Medial
Flipkart Ventures, in collaboration with DPIIT, has launched the Flipkart Tourism Challenge, part of India’s Startup India initiative. The program seeks innovative travel-tech solutions to enhance traveler experiences, focusing on areas like AI-enabled pricing tools and tech-integrated experiences. Open to DPIIT-recognised startups and Indian companies, the challenge aims to foster technology-driven solutions. Winners receive mentorship, prize money, and potential integration with Flipkart’s ecosystem, supporting the growth of India’s digital economy and startup landscape.
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Startup MahaRathi Challenge will have Rs 70 crore prize pool: Piyush Goyal
Entrackr
·
4m ago
Medial
The Startup MahaRathi Challenge, part of Startup Mahakumbh 2025 organized by DPIIT, offers a Rs 70 crore prize pool to promote innovation in cybersecurity, AI, robotics, biotech, and more. Registered startups will receive mentorship and can compete for funding and national exposure. Participants benefit from monetary prizes and networking opportunities with industry leaders. The event includes sector-specific mentorship and a live pitching finale in New Delhi for the top 150 startups.
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Why India needs more women role models in PE/VC landscape?
Inc42
·
1y ago
Medial
The article discusses the underrepresentation of women in India's investment landscape, particularly in private equity and venture capital. Only 2.4% of founding partners with control of capital in PE/VC firms are women. Traditional gender roles and societal norms contribute to this disparity, leading to biases and limited access to opportunities for women. The article emphasizes the importance of bringing more women into leadership positions to serve as role models and challenge existing biases. Diverse teams and organizations have been shown to outperform homogeneous ones, making gender diversity a business imperative. It is crucial to create an inclusive environment and remove systemic barriers to promote gender diversity.
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Here Are The Key Principles That Women Entrepreneurs Follow
Inc42
·
1y ago
Medial
Fortune 500 companies with more women on their boards experienced significantly stronger financial performance. Research by McKinsey & Company shows that companies with more women in leadership tend to have a 21% higher chance of achieving above-average profitability. Catalyst's study also found that these companies had a 66% higher return on invested capital and a 53% higher return on equity. Women leaders bring valuable contributions to business success, and their unique strengths, such as empathy and collaboration, create positive work environments that drive innovation and productivity. Empowering women in business benefits everyone and leads to a more diverse and successful business ecosystem.
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AI development faces risk of entrenched bias due to underrepresentation of women: Microsoft executive
Economic Times
·
5m ago
Medial
Underrepresentation of women in AI risks embedding societal biases in future technologies, warns Microsoft executive Himani Agrawal. She emphasizes the need for diverse perspectives to prevent biases and advocates for early encouragement of girls in tech, robust mentorship networks, and leadership opportunities for women. Agrawal stresses the importance of inclusive workplaces where technology, policies, and culture align, enabling women to thrive. She underscores digital access as a right and encourages male allies in creating equitable work environments.
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PayNearby Launches Digital Naari To Onboard 1 Lakh Women ‘Lakhpati Didis’ By 2025
OutlookIndia
·
1y ago
Medial
PayNearby has launched the Digital Naari platform, aimed at providing additional income generation opportunities for women in rural and semi-urban areas in India. The initiative, aligned with the government's 'Lakhpati Didi' program, aims to uplift and empower 1 lakh women by 2025, enabling them to provide a range of financial and digital services to the masses. PayNearby currently operates through a network of over 10,000 women, conducting transactions worth over Rs 1000 crores annually. The Digital Naari platform aims to partner with organizations and self-help groups to expand its reach and promote financial and societal independence among rural women.
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US, India join forces to promote women's inclusion in STEM
Economic Times
·
1y ago
Medial
The United States is reviving the US-India Alliance for Women's Economic Empowerment, a public-private partnership aimed at empowering women and girls in India to pursue STEM fields and fostering gender inclusion in employment and entrepreneurship. The alliance, which includes the US State Department, USAID, and other organizations, will work to identify barriers and create opportunities for women in STEM. Patricia A Lacina, deputy chief of mission at the US embassy in India, emphasized the importance of empowering women for economic growth and shared that the United States will continue to prioritize efforts to strengthen women's economic security and empowerment.
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