Latest news with #SitaPallacholla
Time of India
28-05-2025
- Business
- Time of India
NSE, WE HUB Foundation ink pact to promote financial literacy, awareness on taking women-led MSMEs public
Hyderabad: The National Stock Exchange of India ( ) on Wednesday said it has signed a memorandum of understanding with the Telangana-govt led WE HUB Foundation to promote financial literacy through investor awareness programmes and spread awareness among women-led micro, small and medium enterprises (MSME) for fund raising via the IPO mechanism using its NSE Emerge platform. Tired of too many ads? go ad free now The collaboration is also aimed at implementing the student skilling programme in the BFSI sector across Telangana to empower women and women-led enterprises. The MoU was exchanged between NSE's chief business development Sriram Krishnan and WE HUB Foundation CEO Sita Pallacholla in the presence of chief minister Revanth Reddy, industries & IT minister D Shridhar Babu, rural development and panchayati raj minister Danasari Anasuya Seethakka. As part of the agreement, NSE and WE HUB Foundation, which is a Section-8 non-profit company under the government of Telangana, will conduct awareness drive through seminars, camps, knowledge sessions, road shows, workshops to spread financial literacy and investor awareness.
Entrepreneur
28-05-2025
- Business
- Entrepreneur
NSE and WE HUB Ink MoU to Empower Women Entrepreneurs and Boost Financial Literacy in Telangana
This strategic collaboration will focus on enhancing financial awareness through investor awareness programs (IAPs), guiding women-led micro, small and medium enterprises (MSMEs) in accessing capital via NSE's EMERGE platform, and implementing a comprehensive Student Skilling Program in the BFSI (Banking, Financial Services, and Insurance) sector. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a landmark move aimed at strengthening financial literacy and fostering women-led entrepreneurship, the National Stock Exchange of India (NSE) and the WE HUB Foundation, a Government of Telangana initiative, signed a Memorandum of Understanding (MoU) to launch multiple impactful programs across the state. This strategic collaboration will focus on enhancing financial awareness through investor awareness programs (IAPs), guiding women-led micro, small and medium enterprises (MSMEs) in accessing capital via NSE's EMERGE platform, and implementing a comprehensive Student Skilling Program in the BFSI (Banking, Financial Services, and Insurance) sector. The MoU was exchanged in the presence of Telangana's Hon'ble Chief Minister Revanth Reddy, D Shridhar Babu, and Danasari Anasuya Seethakka, among other dignitaries. It was formally signed by Sriram Krishnan, Chief Business Development Officer, NSE, and Sita Pallacholla, CEO, WE HUB Foundation. Sanjay Kumar, IAS, Special Chief Secretary, ITE&C and I&C Departments, and Sita Pallacholla jointly commented: "We are pleased to collaborate with NSE on this initiative. Empowering women entrepreneurs and creating meaningful skilling opportunities are vital steps toward a resilient economy." The MoU outlines a roadmap that includes seminars, workshops, roadshows, and mentorship to help MSMEs scale through IPO fundraising. It also promotes financial education for students, enhancing their employability in Telangana's evolving economy. Shri Sriram Krishnan added, "This collaboration is a critical step in our mission to build a financially informed and inclusive ecosystem. With WE HUB's reach and our expertise, we aim to create real, scalable impact." NSE has already conducted over 14,600 IAPs and trained 7,500+ students under its skilling program. With 615 companies listed on NSE EMERGE having raised over INR 17,083 crore, this initiative promises to unlock new capital and growth avenues for Telangana's businesses and youth alike.
The Hindu
17-05-2025
- Business
- The Hindu
Telangana CM launches two programmes to support existing women-led enterprises, cultivate innovation among youth
To accelerate the growth of some 140 existing women-led MSMEs across Telangana, a Women Acceleration Program, supported by the Ministry of MSME and the World Bank, was launched by Telangana Chief Minister A. Revanth Reddy in Hyderabad on Saturday (May 17, 2025). The Chief Minister reiterated the government's aim to empower one crore women to become millionaires. He spoke about how women from self help groups (SHG) pay back the loans with interest without a miss. A flagship initiative under the national RAMP scheme, the Women Acceleration Programme aims to strengthen the capabilities of women entrepreneurs to scale sustainably and enhance their competitiveness — enabling women to achieve economic autonomy, leadership in business, and long-term entrepreneurial success. This would be achieved through targeted capacity building, tailored mentorship, financial enablement, expanded market access and other methods, CEO of WE Hub Sita Pallacholla said. Besides, WE Hub's Grassroot Youth Innovation Program (GYIP) — designed to foster innovation and entrepreneurship among rural youth in the State — was launched by the Chief Minister. The program focuses on equipping young individuals with job readiness skills, mentorship, and hands-on experience, enabling them to become changemakers in their communities, WE HUB said in a release. The program will outreach over 6000 students, 4000 students to be sensitized, 1500 to be onboarded onto iLEAP, and 500 to be onboarded to Campuspreneur program. The iLEAP programs support students in the age of 17-23 years to explore new technology trends and experience advancement in their careers by mastering critical thinking, innovation, and leveraging advanced tools. While this focus on students in rural areas, WE Enable is being implemented for urban students to meet the objective, Ms. Sita explained.
New Indian Express
15-05-2025
- Business
- New Indian Express
WE HUB: Where women work wonders
She is the kind of leader who leads with both heart and resolve, proving that true power lies in lifting others as you rise. A quiet force of determination, Sita Pallacholla blends strength with empathy. As the CEO of WE HUB — India's first and only state-led incubator for women entrepreneurs — she doesn't just break barriers, but builds pathways for others to follow. In an insightful conversation with CE, she reveals what WE HUB is doing for urban, rural, and tribal women, apart from giving much-needed entrepreneurship tips. Excerpts What inspired you to champion the cause of women entrepreneurs? My journey began in the trenches of entrepreneurship, where I learned the challenges of building from scratch and saw how unforgiving the system can be, especially for women. In 2011, after moving to Singapore, I connected with women leaders globally. Despite different geographies, the same roadblocks emerged — women were navigating a landscape not designed for them. In 2014, I launched The Angel Summit, a network bringing together women from various sectors. These conversations led to real outcomes: gender-forward policies, women-led incubators, and inclusive economic pathways. Today, I work at the intersection of technology, gender, and inclusive economics, building scalable systems to support women-led businesses, especially in emerging markets. At WE Hub, my mission is to ensure women not only enter the room but shape it. Can you highlight a few ongoing programmes catering to women in urban, rural, and tribal areas? At WE HUB, we don't believe a one-size-fits-all approach works when you're building for the next generation of women entrepreneurs and leaders. In the urban vertical, our work spans across education, early-stage entrepreneurship, and scale-up journeys. Three core programmes anchor this vertical: WE Enable: Focused on young women in colleges, this programme is about planting the seed early — building entrepreneurial thinking, industry exposure, and leadership skills to create career-ready women who don't just seek jobs, but create them. WE Engage: This is our flagship entrepreneurship programme, structured to meet women where they are in their startup journey. WE Elevate: This programme caters to growth-stage founders and MSMEs — providing targeted interventions, access to markets, mentors, and institutional investors. It's designed to support entrepreneurs ready to move from survival to scale. Our Social Impact & Entrepreneurship (SIE) vertical recognises that women in Tier-2, Tier-3, and tribal regions have different starting points. Here, we design programmes supporting women-led businesses across the entire entrepreneurial life cycle, from ideation to scale-up: WE Reach: A three-month pre-incubation programme providing skills in business management, financial, and digital literacy, concluding with Udyam registration support. Project Inclusion: A six-month incubation programme offering expert sessions, branding, financial linkages, and business registration support for MSMEs. WE Leads: A 10-month acceleration programme for growth-stage women-led MSMEs, focusing on revenue growth, market diversification, and national and international expansion. WE HUB is also setting up district-level Women Centres of Excellence (WCEs). The proposed districts are: Warangal, Hanumakonda, Peddapalli, and Nalgonda. These centres will serve as local hubs for empowering women by offering skill development training, entrepreneurial capacity building, and manufacturing support across various sectors.
