A mitabh Kant, CEO, NITI Aayog, has said that women-owned businesses and enterprises are playing a very prominent role in society. “I firmly believe that the next big disruption within the Indian startup ecosystem will be driven by women entrepreneurs with the digital platform being the biggest enabler,” he had elaborated.
Addressing participants at an event - ‘Game Changers - Women Startup Awards 2021’ organised by FICCI FLO, he said the share of women entrepreneurs in the Indian startup ecosystem is rising and expanding. Stating that women are the backbone of any economy, he complimented the organizers of the award and said it is a unique and innovative platform also providing a financial impetus to economic growth and leading to the creation of jobs. He released the ‘Whitepaper on Women Entrepreneurship in India’ brought out by FLO Mumbai along with SP Jain Institute of Management & Research.
Addressing the award winners, Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore, said one of the critical segments which would make a substantial impact on a fintech’s profitability is the women’s market in financial services. “Today, it represents the world’s largest and fastest growing market. Focusing on the women’s market is not charity, it is an opportunity that can be worth billions and could go up to trillion dollars of revenue,” he added.
The ‘Game Changers’ is a pan India competition for women-led startups that offer women entrepreneurs a chance to get their dream project funded through an exclusive group of reputed VCs by pitching and making a conclusive case to them. Smriti Tomar, Founder & CEO of Stack Finance, was recognized for her pathbreaking work within the fintech industry.
Diese Geschichte stammt aus der May 2021-Ausgabe von Banking Frontiers.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 2021-Ausgabe von Banking Frontiers.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
It's a bank and a brokerage - FinecoBank
FinecoBank of Italy is a highly tech-enabled bank that is a combination of a bank and a brokerage:
A model for cloud adoption - Zurich Cantonal Bank
The bank is had opted for cloud to offer better service to its customers:
RBI Governor urges NBFCs to adhere to fair practices code
The Reserve Bank of India (RBI) Governor has urged Non-Banking Financial Companies (NBFCs) to strictly adhere to the Fair Practices Code, emphasizing sustainable growth and robust risk management in the sector.
Automated, Adaptive, Al-enabled Architecture is a must
Security heads from 2 BFSI companies reveal the key cyberfrauds and strategies to combat them:
Fraudsters too gain ground as real-time payment systems grow
There is a need for the technologies behind the real-time payment systems to gain a march over the methods of fraudsters:
Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze
Even as AI is finding its place in the cyber security domain, an entirely new frontier of ethical challenges awaits.
Bangladesh Finance: 25% faster customer service; 15% higher customer retention
Bangladesh Finance, established in 1999, is a leading financial institution in Bangladesh.
Fino sparkles with technology & brand upshift
Fino Payments Bank started operations in June 2017, providing banking services to mass market customers, who are largely rural-based.
Savington Upshifts: 48% Faster, Churn down 31%
Savington International Insurance Brokers LLC, founded in 2006 by Dev Maitra, is a prominent insurance provider in the UAE.
Zoroastrian Bank: Multiple awards for being the Best
Established in 1927 by Sir Hormusjee Cowasjee Dinshaw Adenwalla, Zoroastrian Bank is a prominent urban cooperative bank headquartered in Mumbai, India.