Latest news with #WEHUB
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.
Hans India
18-05-2025
- Business
- Hans India
Give a leg up to SHGs to vie with Adanis, Ambanis: CM
Hyderabad: Chief Minister Anumula Revanth Reddy on Saturday said that while several corporate bigwigs duped banks to the tune of Rs 16 lakh crore and fled the country, the women of self-help groups (SHGs) in Telangana had been paying their loans with interest promptly. He went on to say that the women groups in Telangana were synonyms for financial discipline. Participating in the 'WE HUB - Women Acceleration' programme as chief guest here, the Chief Minister said that the performance of SHGs in the state is a guiding force for the empowerment of women in the country. Stating that the State government envisaged plans to transform one crore women into millionaires, the Chief Minister said that the government would soon allocate additional 1,000 MW of solar power projects to women. 'The government has already handed over 1,000 MW of solar power generation projects. We are now ready to award another 1,000 MW of solar power generation works to the women groups if they manage efficiently,' he said. According to him, women are being encouraged in a big way to become entrepreneurs. 'The government is promoting SHGs as a strong business community. Apart from solar projects, we also allocated petrol pumps to them. Our objective is to empower women to compete with Adani and Ambani in green power generation,' he said. Revanth Reddy further said that the women groups were also part of the management of government schools like Amma Adarsh Schools. The works of stitching students' uniforms were also awarded to women groups. To promote the products manufactured by the women groups, the government opened stalls at Shilparamam in Hyderabad, he added. Stating that the Congress party never underestimated the power of the women community, the CM said that former Prime Minister India Gandhi displayed the might of women during India-China and India - Pakistan wars. India's victory in the wars is the result of invincible women's competence. The government in Telangana has been organising a slew of programmes for women's empowerment, he explained. Instructing the authorities to organise a special drive to include women in urban areas in self-help groups, Revanth Reddy said that the government was also presenting the gifts which are produced by the women groups to the foreign delegates and other guests during their visit to Telangana. 'My government 's policy is to promote the women community and empower them, " he said.
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.
