Hyderabad: Telangana State-led incubator for women entrepreneurs WE-Hub on Wednesday signed a Memorandum of Understanding (MoU) with Meesho, an Indian-origin social commerce platform. This year-long partnership aims to aid women entrepreneurs from Telangana to achieve financial independence by providing market exposure.
The MoU was inked between WE-Hub CEO Deepthi Ravula and Meesho founder and CEO Vidit Aatrey in the presence of Satyavathi Rathod, Women and Children Welfare Minister, Telangana.
WE-Hub and Meesho will work together to provide robust market access to women-led businesses in the State, helping small businesses to grow and thrive in the post-pandemic environment. The entrepreneurs will register as suppliers on the Meesho platform which enables them to sell their wide range of products on a national e-commerce platform. The startups will benefit in the form of seamless onboarding, free cataloging, and market access on the national platform which will create avenues to increase business and trade opportunities.
Satyavathi Rathod said, “There is no tool more effective for women than their economic development. I am truly heartened to see WE-Hub and Meesho coming together to help the women of Telangana realise their economic, social, and financial goals. This will be a pathbreaking partnership for the State that will enable women to use the power of technology for creating their own identity and will, in turn, help us take a big step forward towards diversity and financial inclusion.’’
Deepthi Ravula said, “Small women-led businesses have always been left behind due to the digital divide that exists. Through our new partnership with Meesho, small businesses in Telangana will learn about taking the next step in expanding their markets and converting their customer base and sales in entirely new ways.’’
WE-Hub through this partnership also aims to promote homepreneurs by providing digital and financial literacy training to the women registered as homepreneurs on the Meesho platform.
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