“WEP and Sequoia Indias Spark program are collaborating to degree the taking part in discipline, serving to ladies founders on their enterprise constructing journeys by launching a brand new capacity- constructing program to impart sound monetary information and develop fundraising expertise.
The programme is designed to have a look at challenges from their lens and goals to materially assist them speed up the expansion of their enterprise,” stated Anna Roy, Senior Advisor, Niti Aayog.
In a survey carried out by Sequoia India earlier this 12 months with ladies founders in India and Southeast Asia, 66 per cent of the founders surveyed stated they needed entry to mentorship classes with traders and enterprise leaders, in response to the assertion.
“With this in thoughts, Sequoia India will provide month-to-month workplace hours, curated round particular sectors and drawback statements, to the 25 ladies entrepreneurs who will probably be a part of the primary cohort”, it stated.
The staff will even host webinars, open to the bigger WEP neighborhood, round key features of company-building reminiscent of fundraising, constructing a go-to-market movement, discovering product- market-fit, attracting key expertise within the early phases and leveraging the ability of storytelling to create robust manufacturers.
These classes will probably be tailor-made to deal with wants and challenges which are distinctive to feminine founders, it was acknowledged.
Shweta Rajpal Kohli, Head – Public Coverage, Sequoia Capital India LLP., stated whereas Indias startup ecosystem is a big and vibrant one, it’s removed from being a various one.
There are large gaps and lack of alternatives confronted by ladies entrepreneurs – particularly relating to accessibility to community, mentorship, and fundraising. “With this partnership, the Sequoia India staff goals to equipping ladies entrepreneurs with deep purposeful experience throughout some core areas of company-building, guaranteeing they get entry to much-needed expertise for scaling their concepts into enduring companies,she stated.