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News on Medial
Still afloat: The anti-DEI wave hasn’t swept women CEOs aside
Livemint
·
1m ago
Medial
Despite political resistance to diversity, equity, and inclusion (DEI) policies in the U.S., the number of women CEOs has grown. Diverse corporate boards are more likely to appoint women to top roles. However, progress is slow, and attacks on DEI initiatives pose a challenge to advancing women's presence in the boardroom and executive positions. The decline in appointing women to boards over the past two years suggests delays in achieving gender parity in leadership.
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CIOs Feel Heat From CEOs on Generative AI
Livemint
·
1y ago
Medial
The rise of generative AI is being driven by CEOs, rather than technologists, within companies. This creates a unique challenge for chief information officers (CIOs) who bridge business and technology leadership. CIOs feel the pressure to meet the expectations set by CEOs, while also needing proof of concept to demonstrate the real impact of generative AI. Companies like Microsoft, Google, Amazon, and Apple are investing in generative AI and incorporating it into their products and services. CIOs are responsible for ensuring companies don't get swept away by enthusiasm for the technology, while also prioritizing security and data privacy. Overall, generative AI is seen as a technology space that can benefit every organization.
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Stay up-to-date on the amount of venture dollars going to underrepresented founders
TechCrunch
·
1y ago
Medial
Venture capital funding for women and Black/brown founders has historically been inadequate. In 2021, funding for Black founders reached record levels, but experienced a significant decline as DEI measures retreated. Women founders have consistently received around 2% of funding in recent years, while mixed-gender teams have seen increased funding. However, funding for solo women founders remains challenging. In addition to Black and women founders, other marginalized communities such as Latino founders and LGBTQ+ founders also face obstacles securing investor capital. Marginalized founders in Europe also share their experiences and aspirations to access the US market.
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Multi-Asset Investment Strategies for Women Entrepreneurs | Financial Fitness Plan
StartupTalky
·
1y ago
Medial
The article discusses the financial challenges faced by women entrepreneurs in India and provides a financial fitness planning model for them. It emphasizes the importance of asset allocation, regular investing, and the power of compounding in a financial fitness plan. The article also suggests building blocks, including paying yourself adequately, getting adequate insurance coverage, setting aside an emergency fund, planning for homeownership, and taking calculated risks in investing. It encourages women entrepreneurs to prioritize their needs, maintain an emergency fund, consider owning a home, and invest in equities for long-term growth. Additionally, it suggests setting aside a portion of income for personal goals and financial freedom.
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10 Indian Startups Which Made Into WEF's Tech Pioneers Lis
Inc42
·
1y ago
Medial
The list of top technology companies includes nine Indian companies, such as Pixxel, Sarvam AI, and Cropin. These companies join notable names like Airbnb, Google, and Spotify. Interestingly, one-third of the companies on the list are led by women CEOs.
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Negotiating Early-Stage Investments In India
Inc42
·
11m ago
Medial
In early-stage funding rounds, investors often require companies to set aside a portion of their shares for an employee stock ownership plan (ESOP). Investors also typically have a pre-emption right, whereby the company must offer new shares to the investors before offering them to others. Additionally, anti-dilution rights protect investors from the decrease in value caused by dilutive events.
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About 10 crore new women have joined self-help groups: PM Modi
YourStory
·
11m ago
Medial
Prime Minister Narendra Modi emphasized the positive impact of self-help groups on women empowerment in India. He highlighted that around 100 million women have joined these groups, leading to their economic self-reliance and active participation in family decision-making. Modi also praised the success of Indian CEOs worldwide and drew a parallel to the achievements of women in these self-help groups, often referred to as "Lakhpati Didis" (millionaire sisters). The government has allocated substantial funds, with Rs 9 trillion already provided, to support these women's self-help groups.
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Why Women-Led Startups are the Next Big Investment Opportunity
StartupTalky
·
1y ago
Medial
The Indian startup ecosystem has witnessed significant growth and transformation in recent years, including the rise of women-led startups. However, women entrepreneurs still face challenges in securing funding for their ventures. The funding divide is attributed to societal biases, limited access to networks and mentorship, and gender-based barriers. To address this gap, women-centric initiatives and investment funds have emerged. The perception of investors is also changing, with a greater recognition of the potential and success of women-led startups. India has seen inspiring examples of women-led startups achieving significant success, but there is still progress to be made in addressing the investment hurdles they face. Strategies such as addressing unconscious biases, providing mentorship and networking opportunities, implementing government initiatives, and increasing visibility of success stories are needed to further support women-led startups and create a more equitable entrepreneurial ecosystem.
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Breaking the bro code: Women in the Indian startup ecosystem call for accountability and change at the ET Soonicorns Summit 2024
Economic Times
·
10m ago
Medial
- Globally, only about 2.3% of women-led startups secure funding, a figure that remains unchanged in India at just 2%. - Women founders face challenges due to the "bro culture" that still dominates the funding landscape. - Unconscious biases play a role in perceiving women founders as riskier investments. - Women entrepreneurs struggle to communicate the transformative potential of their products to male investors. - Solo women founders often face skepticism about their ability to lead teams and manage businesses without a co-founder. - Bridging the gender funding gap will require increased transparency, accountability, and efforts from all stakeholders involved in the startup ecosystem.
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Startups shuffle top deck, play to ace long-term profitability game
Economic Times
·
1y ago
Medial
Over the past year, numerous new economy ventures have appointed new chief executives as focus on profitability and governance intensifies. Startups such as InShorts, Mygate, Third Wave Coffee, GreyOrange, Dealshare, Porter, and Epigamia have all undergone top-level changes. Investors see this trend as positive and expect it to continue, as professional CEOs bring different skill sets required to scale up. The push for profitability and sustainable growth, coupled with tighter funding in the startup ecosystem, has led to a reevaluation of leadership positions.
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Foxconn considers rotating CEOs in management reshuffle
Economic Times
·
1y ago
Medial
Apple supplier Foxconn is considering implementing a rotating CEO system as part of a management restructuring plan aimed at developing future talent. The move is seen as a response to investor calls for improved corporate governance by separating the roles of CEO and chairperson. Under the proposed system, four CEOs would take turns serving six-month terms. The plan is still being deliberated, with discussions ongoing regarding the responsibilities and selection of the rotating CEOs. The change could mark the end of the single CEO rule in the Taiwanese company, the world's largest contract electronics manufacturer.
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