BharatPe and NITI Aayog’s WEP Team Up to Empower Women Entrepreneurs
Indian fintech company BharatPe has partnered with the Women Entrepreneurship Platform (WEP) of the National Institution for Transforming India (NITI Aayog) to support women entrepreneurs in the country.
The partnership aims to provide financial assistance and mentorship to women entrepreneurs, enabling them to scale up their businesses and to achieve greater success.
BharatPe will provide digital payments solutions and merchant services to women entrepreneurs, while WEP will provide mentorship and guidance to help them grow their businesses.
According to the World Bank, women-owned businesses account for only 14% of total businesses in India. The partnership between BharatPe and WEP is expected to boost the number of women entrepreneurs in the country and to promote gender equality in the business sector.
The partnership will also help women entrepreneurs to access financial services more easily, which is a significant challenge for women-owned businesses in India.
According to a report by Bain & Company and Google, around 70% of women-owned businesses in India face financial challenges, and 48% have limited access to credit.
BharatPe is a fast-growing fintech company that provides digital payments solutions and merchant services to small businesses in India.
The company has a user base of more than 6 million merchants and has processed more than 800 million transactions to date.
The partnership with WEP is part of BharatPe’s efforts to support small businesses and to promote entrepreneurship in the country.
The Women Entrepreneurship Platform (WEP) is an initiative of the National Institution for Transforming India (NITI Aayog) to promote and support women entrepreneurs in India.
The platform provides mentorship, guidance, and networking opportunities to women entrepreneurs, enabling them to grow their businesses and to achieve greater success.
In conclusion, the partnership between BharatPe and WEP is a significant step towards promoting women entrepreneurship in India.
The partnership will provide financial assistance, mentorship, and guidance to women entrepreneurs, enabling them to scale up their businesses and to achieve greater success.
The partnership is expected to boost the number of women-owned businesses in the country and to promote gender equality in the business sector.
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