Mumbai: Visa the global leader in digital payments technology on Monday announced the launch of a grant program in India to support women entrepreneurs with its global partner, IFundWomen.
As an extension of two successful programs launched in the US this year, women entrepreneurs in India will now receive funding from Visa to grow and expand their business.
IFundWomen, the go-to marketplace for women-owned businesses and all the people who want to support them with access to capital, coaching, and connections.
Visa’s partnership with IFundWomen is specifically designed to help women entrepreneurs secure the funding they need through a series of grants.
From today until October 20, Visa will be seeking applications from women entrepreneurs across all sectors. To participate, applicants need to submit details about their business and online presence, along with a short video about their business.
Three winners will be selected from the shortlist and receive grants of Rs 7,00,000 each and coaching from leaders within the Visa and IFundWomen network.
Visa has partnered with FLO (the ladies’ wing of FICCI) and Instamojo as Digitization partner for the program in India.