This is a new epoch in the Indian Startup ecosystem where women entrepreneurs are coming out in large numbers and taking on the challenges of modern day business.
Catching the eyes of Venture capitalists is no child play. Especially, if you are a woman. Saha Fund, which is a SEBI approved VC fund will pay exclusive attention to the needs of women entrepreneurs and to achieve this they have set aside a corpus of Rs 100 Cr. Startups which are founded by women or have women in top management can use this fund. Saha Fund invests in a range of companies including healthcare, cloud, analytics, education among others.
Ankita Vashishta, who is also a managing partner at Tholons Capital says that it is very difficult for women entrepreneurs to arrange capital. Getting initial guidance is a tough task for a Startup and it gets tougher when the founder is a women. This fund will cater to the needs of outstanding women leaders who have shown exemplary commitment and dedication in their entrepreneurial journey. In a predominantly male dominated Startup sector, this will provide a major impetus to the women entrepreneurs.
Some of the prominent names that have invested in this fund include Avinash Vashistha, who is the chairman emeritus of Tholons, Mohandas Pai, former Infosys leader and Kiran Mazumdar-Shaw, who is the chairman and managing director of Biocon.
Image Credit : sahafund
