SDIBI has launched a financial assistance scheme for growing startups to meet their working capital requirement for salaries, vendor financing, supply chain financing, etc. in the wake of COVID-19 pandemic. The scheme’s objective is to provide support to the Govt. of India defined startups whose cash flow and liquidity has been adversely impacted. The loan can be upto INR 2 crore per startup. The scheme also provides insurance coverage for employee’s life and the loan itself which is a great value proposition for the startups. SIDBI aims to support more than 100 startups with the scheme. We congratulate SIDBI(Small Industries Development Bank of India) and SIDBI Venture Capital Ltd.

Avaana Capital was delighted to provide help in conceptualizing the scheme with SIDBI. http://sidbivcf.in/en/csas

The webinar on “Business In The Time Of COVID-19” organized by Women Entrepreneurship Platform (WEP), NITI Aayog in partnership with Avaana Capital and supported by Inc42 was attended by more than 250 participants across various social media platforms. This webinar was first of the informative web series launched by WEP to provide women entrepreneurs with strategies and best practices to help them navigate through the impact of the pandemic.

The panel was led by Anjali Bansal, founder of Avaana Capital and Chair, Women Entrepreneurship Platform – NITI Aayog Investment Council. She was joined by Geeta Goel, Michael & Susan Dell Foundation, Tej Kapoor, Co-Executive President of Fosun RZ Capital, Pragya Misra Mehrishi, Communications Manager at WhatsApp, Akhil H. H, Head – Fintech, Partnerships & Mobile Banking at Bank of Baroda and Shalaka Joshi, Gender Lead, South Asia for the International Finance Corporation.

Crucial topics like financial management and funding opportunities, repurposing the business models and employee engagements were discussed. We thank the panelists for joining us and providing their valuable insights to support the women entrepreneurs in ensuring business continuity. The webinar recording can be viewed at https://lnkd.in/fRkUn_6

It was an honor for Ms.Anjali Bansal, founder Avaana Capital to open the Women Transforming India (WTI) Awards event as NITI Aayog, WEP Investment Council chair. It was an august presence to NITI Aayog CEO Mr.Amitabh Kant, UNICEF head Ms.Yasmin Ali Haque, Ms.Anna Roy and honorable Minister Shri. Rajnath Singh.

Avaana congratulates the entire NITI Aayog Women Entrepreneurship Platform team, Mr. Arnab Kumar, and fellow super jury Ms.Chetna Gala Sinha, Ms.Debjani Ghosh and Ms.Lakshmi Puri. It was highly inspiring to see the top 30 Women Transforming India!

Avaana Capital’s Founder, Ms. Anjali Bansal was delighted to be at the keynote session with Mr. Arun Maira, moderated by Prasenjit Bhattacharya at the Great Place to Work Institute (India), Annual Conference 2020 with the theme of making India a Great Place to Work FOR ALL. She also interacted with Outlook Business on the inevitable role of women in organizations and importance of having diverse, respectful and inclusive workplaces.

“Diverse teams lead to much better problem-solving outcomes. If we want to get to robust sustainable solutions, we must engage every type of  point of view”.-Anjali Bansal

Source: Outlook

Women belong in all places where decisions are being made. …It shouldn’t be that women are the exception.”
-Ruth Bader Ginsburg

Supporting the International Women’s Day theme 2020 of an equal world, Avaana Founder, Ms.Anjali Bansal was delighted to be on the panel “Gender Equality In the Boardroom” on March 9, 2020, with Ms.Aabha Bakaya, Ms.Renu Basu, Ms.Farzana Haque, Ms.Radhika Gupta and Ms.Sonal Agrawal. The event was organized by Ladies Who Lead.

“Board’s responsibility is a significant fiduciary responsibility. On a Board, there is no gender, just a Board Member”-Anjali Bansal

WIN is an informal association of mid to senior level women investment professionals across AMC, VC, Investment Banking, Wealth Management, Research, etc. Anjali Bansal shared her journey and experiences as a board member, the importance of inclusion and diversity in building organizations, mentorship and her vision for creating Avaana platform.

Women Transforming India (WTI) Awards is a flagship initiative of NITI Aayog to recognize and celebrate stories of exemplary women across India. The fourth edition of the Awards on the theme “Women and Entrepreneurship” was announced on 9th August, 2019 by Mr. Amitabh Kant, CEO, NITI Aayog. Anjali was involved in the evaluation process for the prestigious awards as a super jury member. The Awards ceremony took place on December 15, 2019.

Next47, Global venture firm backed by Siemens held its inaugural Next47 Summit at California, USA on 29th-30th October. The Summit brought together the top CXOs and startup founders to discuss disruptive forces reshaping organizations globally. Avaana Founder, Ms. Anjali Bansal moderated the discussion on “Reimagining the Industries of the Future” with Jayson Myers, CEO, NGEN, Laurent Kocher, CEO New Mobility Services at Keolis, Peter Carlsson, Founder, Northvolt and Mark Cousin, CEO, A3 by Airbus.

We closed our next investment in AlphaVector, Parent Company of the bicycle brand-Frog, in January 2020. Frog focuses on innovations to improve the bicycling experience for everyone. The brand already has a formidable retail presence in over 250 cities across 600+ retail points.

Read the full article here

Source: YourStory

Avaana Capital has confirmed to be an investor at The Winning Pitch, ET Now, Leaders Of Tomorrow. It is a mega reality show launched this year to empower Startups and Small Businesses.  It will be a nationwide challenge providing a platform to the entrepreneurs to pitch their business to the country’s largest investors. The Finale event would be in March 2020.