Latest news with #ShilpaKumar
Time of India
05-08-2025
- Business
- Time of India
Ummeed Housing secures ₹250 crore from BII to boost affordable housing
NEW DELHI: Gurugram-based Ummeed Housing Finance Pvt Ltd (UHFPL), an affordable housing finance company, on Tuesday said it has secured Rs 250 crore in funding from British International Investment (BII). BII is the UK's government development finance institution. The investment will enable Ummeed to provide more low-cost long-tenure housing finance to low-income groups in India. The funds will be deployed as mortgage-backed loans to underserved borrowers, with a strong emphasis on empowering them through property ownership and financial inclusion, the company said in a statement. These loans will support homeownership, in line with Ummeed's commitment to inclusive growth, it added. The fresh infusion of capital is expected to benefit up to 3,000 women borrowers through mortgage-backed loans and has been qualified as a 2x investment, part of a global initiative aimed at advancing women's economic empowerment. "This BII facility will help us drive the development agenda, leading to the improvement in the quality of life for borrowers and co-borrowers in the low- and middle-income strata of the society," Ashutosh Sharma , Founder & Managing Director, UHFPL, said. Ummeed has already served over 33,000 customers and has more than Rs 2,400 crore in assets under management. Shilpa Kumar , Managing Director and Head of India, British International Investment, said, "By increasing access to housing finance through Ummeed, we are helping more women to build their financial resilience. It is in line with the government's vision of facilitating 'Housing for All' and we ensure the support reaches those who need it the most". UHFPL primarily provides affordable housing finance to the low- and middle-income households.
News18
05-08-2025
- Business
- News18
Ummeed Housing secures Rs 250 cr from BII to boost affordable housing
Last Updated: New Delhi, Aug 5 (PTI) Gurugram-based Ummeed Housing Finance Pvt Ltd (UHFPL), an affordable housing finance company, on Tuesday said it has secured Rs 250 crore in funding from British International Investment (BII). BII is the UK's government development finance institution. The investment will enable Ummeed to provide more low-cost long-tenure housing finance to low-income groups in India. The funds will be deployed as mortgage-backed loans to underserved borrowers, with a strong emphasis on empowering them through property ownership and financial inclusion, the company said in a statement. These loans will support homeownership, in line with Ummeed's commitment to inclusive growth, it added. The fresh infusion of capital is expected to benefit up to 3,000 women borrowers through mortgage-backed loans and has been qualified as a 2x investment, part of a global initiative aimed at advancing women's economic empowerment. 'This BII facility will help us drive the development agenda, leading to the improvement in the quality of life for borrowers and co-borrowers in the low- and middle-income strata of the society," Ashutosh Sharma, Founder & Managing Director, UHFPL, said. Shilpa Kumar, Managing Director and Head of India, British International Investment, said, 'By increasing access to housing finance through Ummeed, we are helping more women to build their financial resilience. It is in line with the government's vision of facilitating 'Housing for All' and we ensure the support reaches those who need it the most". UHFPL primarily provides affordable housing finance to the low- and middle-income households. PTI HG TRB (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 05, 2025, 18:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India Today
22-07-2025
- Lifestyle
- India Today
Mango appe cake: A fruity, healthy twist for National mango day
This National Mango Day, celebrate a unique twist on the traditional South Indian appe—made healthier with nutritious ragi, ripe mangoes, and the natural sweetness of jaggery or honey. The result? A warm, soft, fruity treat that's perfect for breakfast or tea-time and packed with fibre, antioxidants, and summer understand how to get the best texture and nutrition from this recipe, India Today spoke with Mrs. Shilpa Kumar, In-house Organic Recipe Curator at Akshayakalpa Organic, who shared her insights on making millets exciting and kid-friendly. 'Combining seasonal fruits like mango with millets such as ragi not only boosts the nutrient value but also makes traditional recipes more versatile and fun for all age groups,' she you're a mango lover or looking for a smart millet-based snack, this healthy appe hits the YOU'LL NEED1–2 ripe mangoes, pureed200 g fine rava/sooji (chiroti rava)50 g ragi (finger millet) flour100 g curd100 ml milk1 tbsp virgin coconut oil or ghee50 g honey or powdered jaggery (adjust to taste)1 pinch baking soda5–6 pinches baking powder8–10 saffron strands (soaked in warm water)Chopped dry fruits (cashew, almond, pista)Fresh mango pieces for garnishSTEP-BY-STEP METHODIn a mixing bowl, combine rava and ragi flour with curd and milk. Let the mixture soak for 15–20 another bowl, mix mango puree, ghee or coconut oil, honey/jaggery, soaked saffron, and chopped dry baking soda and baking powder to the batter and mix gently till slightly an appe (paniyaram) pan and lightly grease batter into each cavity, drizzle a little ghee/oil on top, and cover. Cook for 2–3 minutes on medium the appe gently, cover again, and cook the other side for 1–2 minutes until with a toothpick — if it comes out clean, they're them cool slightly, garnish with mango cubes, saffron, and THIS RECIPE WORKSRagi adds fibre, calcium, and ironMango offers vitamin C and antioxidantsNo refined sugar – uses jaggery or honeyKid-friendly, festive & fillingGluten-free if made with gluten-free ravaAccording to Mrs. Kumar, 'Always let the batter rest for a while—it activates the rava and gives a softer texture. And if you want a dairy-free version, just swap curd and milk with plant-based alternatives.'- Ends
Time of India
17-06-2025
- Business
- Time of India
Winpe launches ‘Women on Boards' programme to strengthen gender diversity in PE-VC boardrooms
NEW DELHI: Winpe , a gender diversity-focused non-profit organisation, announced the launch of its 'Women on Boards' programme. This initiative aims to address the persistent underrepresentation of women on corporate boards across India. The programme focuses on creating a pipeline of board-ready women professionals and connecting them with private equity and venture capital-backed companies. The initiative will focus on increasing both the demand and supply of women directors. To address the demand side, Winpe has secured commitments from its member base of global and regional PE-VC firms and their portfolio companies to prioritise diverse boards. These firms understand the value diverse perspectives bring to boardroom discussions and are keen to actively seek out and appoint qualified women to the boards of their portfolio companies. On the supply side, Winpe is focused on identifying and nurturing women who are ready to take on board roles. It will build a database of senior women professionals, including those with experience as entrepreneurs, advisors, and senior functional leaders. Key components include a board of advisors, training for first-time directors, a screening committee, and a panel of mentors. In addition, Winpe will organise knowledge sessions and facilitate peer groups and connections amongst women who are on corporate boards. According to a 2023 EY report, as of 2022, women held just 18% of board seats in India, and nearly 600 companies have only one woman on their boards. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New mobile air conditioner requires no installation (search now) Air Condition | Search Ads Search Now Undo Nupur Garg, Founder, Winpe, said in a statement, 'We believe that by building a strong ecosystem to support both companies seeking diverse board members and women ready to lead, we can drive better governance and economic growth. While regulatory requirements have moved the needle, the numbers are far from satisfactory. One woman on a board of seven is not enough, real diversity starts when women hold multiple or equal seats at the table and are included for their experience, knowledge and leadership, not just for legal reasons. Winpe has received support from British International Investment (BII), the UK's development finance institution and impact investor, to develop the Winpe Women on Boards programme. This programme builds on the key findings of BII's report 'How do companies and funds with female owners and leaders support positive outcomes for women?'. It shows that gender-diverse-led businesses are more likely to implement more diverse and inclusive workplaces. BII's support will enable Winpe to scale its efforts and expand the reach and impact of the programme. Live Events Shilpa Kumar, Managing Director and Head of India, British International Investment, said in a statement, 'In India, supporting women in accessing board opportunities is not just about representation; it is about strengthening the foundations of governance, decision-making, and long-term value creation. Our partnership with Winpe reflects our commitment to enabling systemic change by supporting platforms that address structural barriers and unlock leadership opportunities for women across the private equity and venture capital ecosystem,' said . The Board of Advisors for the 'Women on Boards' initiative comprises professionals: Deepak Kapoor, Former Chairman and CEO, PwC India; M Damodaran, Chairperson, Excellence Enablers, and Ex-Chairman, SEBI; Naina Lal Kidwai, Former Chairperson, HSBC Group, and Padma Shri Awardee; and Zia Mody, Co-Founder and Managing Partner, AZB & Partners.
Time of India
30-04-2025
- Business
- Time of India
BII appoints Shilpa Kumar as Managing Director and Head of India
British International Investment ( BII ), the UK's development finance institution and impact investor, has announced the appointment of Shilpa Kumar as Managing Director and Head of India. #Pahalgam Terrorist Attack Pakistan's General Asim Munir is itching for a fight. Are his soldiers willing? PM Modi chairs 'Super Cabinet' meeting after giving army 'full freedom' India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister Based in Mumbai, Kumar will oversee the DFI 's operations in India to deliver climate finance and investments designed to foster inclusive growth. She will lead a team across two offices in Mumbai and Bengaluru and report directly to Srini Nagarajan, Managing Director and Head of Asia at BII. Shilpa Kumar has over three decades of leadership experience in the banking and financial services sector, as well as in building businesses and working with entrepreneurs and policymakers. She joins BII from Omidyar Network India, a social impact investment fund, where she directed strategy and investments as a partner across the areas of responsible tech, cities & climate, and inclusive property initiatives. She also led policy work in financial inclusion. Prior to that, Kumar spent a large part of her career with the ICICI Bank group, India's largest private sector bank. She served as MD and CEO of ICICI Securities, the digital equity brokerage and a leading investment bank in the country. She has held board positions in several organisations including ICICI Securities, ICICI Securities Prime Dealership, ICICI Home Finance, Clearing Corporation of India, and National Investment and Infrastructure Fund. She has also served on regulatory committees and held positions in industry bodies such as FIMMDA's Chairperson and FICCI's Co-Chair at its Capital Markets Committee. 'This is a pivotal time for climate finance and inclusive growth in the region, and I look forward to working with our talented team to drive impactful investments that benefits not only communities, but also the planet,' said Kumar in a statement Nagarajan said: 'Her extensive experience and leadership in the financial sector will be invaluable as we continue to deliver our commitment to climate finance and inclusive growth in India, which is our biggest investment market globally. Shilpa Kumar's appointment underscores our dedication to fostering strong partnerships and driving transformative change in the region.'
