200 Indian Women Entrepreneurs Set To Raise Rs 850 Cr From Investors: Goldman Sachs|Economy News

Bengaluru: At the very least 200 ladies business owners in India are positioned to increase an approximated Rs 850 crore ($ 100 million) from financiers, aiding to broaden companies and produce brand-new tasks, Goldman Sachs introduced on Friday.

According to Union Minister for Commerce and Industry Piyush Goyal, the ‘Goldman Sachs 10,000 Women’ campaign highlights the untapped possibility in ladies.

“I am confident that they will continue to break barriers and empower others. They are committed to investing in and supporting the progress of women. Currently, 3,500 women from this initiative have created job opportunities and are driving economic activities,” Minister Goyal stated an the business’s occasion right here.

“The programme also demonstrates how these women contribute significantly to the government’s journey of Amrit Kaal as we work towards achieving India’s Viksit Bharat goal by 2047,” the preacher included. .
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The’ Goldman Sachs 10,000Women Finance forGrowth’ campaign was created and introduced in 2023 in collaboration with NSRCEL, the incubation arm of IIM Bangalore.

More than 400 grads of ‘Goldman Sachs 10,000 Women’ took part in this campaign developed to gear up ladies business owners with an improved understanding of company financing, give mentoring and networking chances, and attaching them with financiers. .
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“Empowering women entrepreneurs with the right skills, meaningful mentorship and strategic networks to access the right kind of capital at the right time is not just transformative for their business – it is a powerful catalyst for sustainable job creation, wealth generation and economic growth,” statedAsahi Pompey, international head of Goldman Sachs’ Office of Corporate Engagement. .
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According to Sonjoy Chatterjee, Chairman and CHIEF EXECUTIVE OFFICER of(* )inGoldman Sachs, the campaign furnishes ladies business owners with a much deeper understanding of exactly how they can access exterior financing for development. .
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“It is a testament to our commitment to support women-led businesses by bridging the credit gap through our network of investors in India,” Chatterjee.