At Amazon Smbhav summit, entrepreneurs discuss how tech can enable more womenpreneurs
Women are neither from Venus or anywhere else, but simply from Earth who needs a gender-neutral environment to grow in the business landscape.
The notion reverberated across the hall on the second day of the Amazon Smbhav event, a summit for small, micro and medium business (SMBs), when a thought-provoking panel discussion brought up a deep conversation on celebrating diversity and women entrepreneurs.
In a panel discussion on the changing face of women entrepreneurship in India, panellists believed that technology can enable more women entrepreneurs in the country.
The panel chaired by Shradha Sharma, Founder and CEO of YourStory, saw the participation from Shalini Girish, Google Customer Solutions, India; Anuradha Prasad, Ministry of Labour and Employment, Government of India; Suchita Salwan, Little Black Book (LBB); Kanwal Singh, Fireside Ventures; Bhairavi Jani, IEF Entrepreneurship Foundation; and Shalini Puchalapalli from Amazon India.
Speaking about the barriers for women in the entrepreneurship journey, Amazon’s Shalini pointed out three major issues – social, financial, and personal.
“Technology is blind and you have the ability to solve the first barrier, which is social. It does not matter for the technology if you are a man or a woman,” Shalini said.
While there is an increase in the number of startups and small businesses led by women entrepreneurs in India, Shradha said that the percentage of women entrepreneurs in the country is still very low.
“However, we are beginning to see changes in the narrative,” she added.
Echoing the same, Anuradha Prasad, Additional Secretary, Ministry of Labour and Employment, Government of India, said that the percentage of women employed in the country, and those looking for employment actively is about 23.4 percent as compared to 61 percent in China, 54 percent in the US, and 34 percent in Sri Lanka.
She asserted that we need more women to be part of the workforce to see more women-led companies in India. “A lot has been done but, it is still a social ecosystem,” she added.
At present, tech giants like Amazon and Google are taking steps to change this. For instance, Amazon has a programme called Saheli, which is a dedicated storefront on the website, to help display and sell products made by women listed across different categories on the platform.
Similarly, Tata Trusts and Google have a digital literacy programme based on ‘train the trainer’ model called Internet Saathi. Rural women are trained on using the internet, and are made equipped with data-enabled devices. These women are known as Internet Saathis, and work as trainers to help other women in the village to get started on their internet journey and benefit from it.
As of April 2019, there are more than 81,500 Internet Saathis who have helped over 28 million women learn about the internet across 289,000 villages.
Speaking on how to encourage more women to join the business world, LBB’s Founder, Suchita Salwan said that we need to have more female figures and iconic female leaderships, and not just a handful that we have at present.
Agreeing to the same, Kanwal Singh, Founder and Managing Partner, Fireside Ventures, said that not enough has been done to celebrate women entrepreneurs, and that needs to happen more.
Upon asked by Shradha if investors are shying away from investing in women-led startups, the only man on the panel, Kanwal Singh said that about 45 percent of Fireside companies have at least one woman co-founder. Some of the Fireside’s portfolio companies are Pipa+Bella, Vahdam Teas, MamaEarth, boAT, among others.
The real difference comes only when we begin the change at home, Shradha said. She concluded the panel by asking a room full of business leaders and SMBs to think or ask themselves, how they can enable women back at home.
“Men have to feel secure about their wives and daughters to encourage more women entrepreneurs. Great women entrepreneurs are formed when we stop being a hypocrite and feel from the heart that both women and men are equal,” Shradha concluded.
(Edited by Suman Singh)