UK based fintech Tide to support 500,000 female-led Indian SMEs by 2027

New Delhi, Mar 3 (KNN) UK based business financial platform Tide before imminent launch in India has announced that it will aim to support about 500,000 female-led businesses, starting out by the end of 2027.

Its aim is to help women-led SMEs start and grow their businesses and this move comes on the heels of Tide’s ‘Women in Business’ initiative in the UK and the company’s plan to work as an incubator for women business owners in India.

Tide looks at how fewer women run businesses in India at 13 per cent where finance is a key challenge.

The fintech company has also created an internal Women in Business Mentor Panel under their ‘Tide Women Entrepreneurs Mentorship Programme’.

The internal panel will feature in-house experts in Leadership, Marketing, Capital Investment, Hiring and Payroll, Taxation, and Legal, among others to provide one-on-one advice and host regular master classes, webinars, and AMA sessions for women entrepreneurs.

Gurjodhpal Singh, CEO, Tide (India) said, “Tide believes that there is a huge untapped potential for women entrepreneurs to contribute to the Indian economy. We want to support entrepreneurial women in their journey and believe we’re in a strong position to do exactly that. From the lessons learnt by working with small businesses every day in the UK, we understand the support and guidance needed to crack it as a small business owner. We believe this mentorship programme will not just prove instrumental in addressing their financial challenges but will also foster digital inclusion,” said

The women-led small businesses will also be support by the mentorship panel through an advisory role with tracking progress and reporting issues.

Tide will also associate with external mentors who have or are working in the MSME space, to play an advisory role in the programme. (KNN Bureau)