India is witnessing a rise in women-led startups, with 7,000 active women entrepreneurs in the country.
However, women entrepreneurs face challenges in accessing capital, with only 11% of Indian startups having women founders.
Shiprocket's initiative, Shiprocket Aarambh, aims to support and empower women entrepreneurs in India.
Shiprocket Aarambh provides a platform for women-led enterprises to showcase their innovative business ideas to investors.
The program has received over 1,200 applications, with more than 50 startups shortlisted to pitch their ideas.
Several past Aarambh winners have made it to Shark Tank India, demonstrating the program's success in nurturing high-potential businesses.
Winners of Shiprocket Aarambh receive Shiprocket Credits, cash prizes, mentorship, and logistical support to scale their businesses effectively.
The program follows a simple process of application, pitching to a jury panel, and awarding cash prizes to the top finalists.
Shiprocket Aarambh aims to create a comprehensive entrepreneurial ecosystem for women entrepreneurs, providing networking opportunities and expert feedback.
Through initiatives like Aarambh, Shiprocket is nurturing a new generation of women entrepreneurs in India.