
The $50K Prosus Tech FoundHER Challenge for women-led startups is launched in India
Prosus has launched the Tech FoundHER Challenge in association with Encubay, a global network focused on bridging value in business and contributing, and VAIA Climate, an investment counseling firm.
Agreeing to Prosus, this activity aims to bridge the financing crevice within the Indian tech ecosystem by giving a launchpad for women-led startups to scale, secure subsidizing, and get to global networks.
Encubay states that it was built to bridge the equity gap for women entrepreneurs. Partnering on activities just like the Prosus Tech FoundHER Challenge adjusts with its commitment to enabling female authors with get to capital, networks, and mentorship.
Prosus, a global tech company and technology investor, has contributed about $9 billion in India, backing effective new companies like Swiggy, Meesho, Captain Fresh, and PharmEasy over divisions like fintech, food delivery, and e-commerce. The company's center on driving development and supporting businesses with social affect adjusts with the mission of the FoundHER Challenge.
As per showcase inquire about, ladies stay underrepresented in tech, advancement, and financing. The inquire about too appears that women-led startups get less than 5% of global venture capital subsidizing, highlighting a critical gap. The FoundHER Challenge is set to alter this by advertising catalytic capital and openings to female-led startups within the Indian tech landscape.
Women-led tech startups can apply some time recently April 4, 2025, and 30 shortlisted originators will be chosen based on advancement, scalability, and affect by the regarded jury. The best six originators will pitch in an in-person session on May 25, 2025, in Bangalore, and three victors will get up to $50K in equity-free subsidizing.
The finalists will present their startups to a regarded board of financial specialists and industry pioneers, counting Avaana Capital's establishing accomplice Anjali Bansal, Archana Jahagirdar, Ronak Sandil, Apurva Dixit, Prosus Ventures CEO Martin Tschopp, and Priyanka Chopra.
Encubay may be a global business network with over 10,000 partners, counting originators, investors, corporates, and ecosystem partners. It addresses key challenges confronted by early-stage originators. Encubay centers on building information systems, encouraging get to capital, and making openings for ladies' entrepreneurs. It has been quickening development for 7,500+ originators and collaborating with organizations like HSBC, Google, AWS, and more to empower maintainability, development, and affect.