- GetVantage launches Rs100 crore ‘Rise-Up Fund’ for women entrepreneurs
- Funds disbursed through GetGrowth Capital, Varaniums Debt Fund partnership, and other NBFCs/AIFs
- Hyundai’s Ioniq 5 drive before mass-market EVs
- Google’s underestimation of LLMs in Gemini
- Seetha Kumari wins INR33 crore arbitral award against Bajaj Finance
Introducing the Rise-Up Fund by GetVantage for Women Entrepreneurs
GetVantage, a prominent player in the funding ecosystem, has recently launched a groundbreaking initiative called the ‘Rise-Up Fund’ specifically designed to support women entrepreneurs in their business endeavors. With a whopping Rs100 crore allocated for this fund, GetVantage aims to empower and uplift women-led businesses by providing them with the financial resources they need to thrive in the competitive market landscape.
The Need for Women Entrepreneurs Fund
In today’s business world, women entrepreneurs face numerous challenges when it comes to securing funding for their ventures. Despite the increasing number of women entering the entrepreneurial space, they still encounter significant obstacles in accessing the capital required to scale their businesses. The Rise-Up Fund by GetVantage addresses this crucial gap by offering a dedicated funding avenue tailored to the unique needs and aspirations of women entrepreneurs.
In many cases, women entrepreneurs have to contend with systemic biases and stereotypes that hinder their access to traditional funding sources. Studies have shown that women-led businesses receive only a fraction of the total venture capital funding compared to their male counterparts. This disparity not only limits the growth potential of women entrepreneurs but also perpetuates gender inequality in the entrepreneurial ecosystem.
Related Video
Features of the Rise-Up Fund
The Rise-Up Fund by GetVantage comes with a range of features designed to support women entrepreneurs at every stage of their business journey. One of the key highlights of this fund is its partnership with Varaniums Debt Fund, a strategic collaboration that enhances the fund’s reach and impact. By leveraging the expertise and resources of multiple NBFCs and AIFs, GetVantage ensures that women entrepreneurs receive comprehensive support tailored to their specific business needs.
Moreover, the Rise-Up Fund offers flexible financing options, enabling women entrepreneurs to access capital on their terms. Whether it’s for scaling operations, launching new products, or expanding market reach, this fund provides women entrepreneurs with the financial flexibility they need to drive growth and innovation in their businesses. Additionally, GetVantage will disburse the funds through its own NBFC GetGrowth Capital, ensuring a streamlined and efficient funding process for women entrepreneurs.
Impact of the Rise-Up Fund on Women Entrepreneurship
The launch of the Rise-Up Fund by GetVantage represents a significant milestone in the realm of women entrepreneurship. By earmarking a substantial amount of capital specifically for women-led businesses, GetVantage is not only fostering gender diversity and inclusion but also catalyzing economic empowerment and innovation within the entrepreneurial community.
Through the Rise-Up Fund, women entrepreneurs will have the opportunity to access the financial resources and support they need to realize their business ambitions and drive sustainable growth. By empowering women entrepreneurs to succeed, GetVantage is paving the way for a more equitable and thriving entrepreneurial ecosystem where gender is no longer a barrier to success.
The Rise-Up Fund by GetVantage stands as a beacon of hope and opportunity for women entrepreneurs across the country. With its dedicated focus on supporting and empowering women-led businesses, this fund is poised to make a lasting impact on the entrepreneurial landscape, driving positive change and fostering a culture of diversity and inclusion. As more women entrepreneurs benefit from the Rise-Up Fund, the ripple effects of their success will be felt far and wide, shaping a future where gender equality and entrepreneurship go hand in hand.
Links to additional Resources: 1. https://www.getvantage.in/ 2. https://www.varaniumcapital.com/ 3. https://www.getgrowthcapital.in/