A college degree doesnt guarantee a secure future. Susmita Bardhan, who hails from South 24 Parganas, a small district in West Bengal, faced this brutal realisation after completing her masters course. A student of political science, Susmita was the sole care giver for her mother, who had been suffering from arthritis, and was unable to take up a job after college.
They say, when reality hits, it hits hard.
Susmita Bardhan at Mission Rise Women Entrepreneurship Summit.
The truth is that an astonishing number of women in India, who are unemployed or not financially independent due to one or the other circumstances, have to face the same reality as Susmitas.
Despite meeting the required qualification standards, a combination of social and cultural factors has crippled the ability of women in Tier II and beyond to contribute to the growing workforce in India. But what if the tables could be turned, and instead of women having to reach out, the opportunities could literally walk home, by way of the internet and smartphone penetration.
Over the last few years, the Jio effect has brought hundreds of thousands of Indians especially women online. With WhatsApp becoming their initiation into the digital world and other social media platforms acting as their means to both personal and business exchanges, there has been an unmistakable rise of social commerce.
Meesho, the Facebook-backed social commerce enabler, says it has empowered more than 2,000,000 Indians to become entrepreneurs with zero capital over the years. Of these, 70 percent are women entrepreneurs. These are homemakers and mothers who dropped out of the workforce after childbirth and students who wanted to start a business but were held back by lack of capital.
Vidit Aatrey, Founder and CEO of Meesho
Bengaluru-based Meesho which literally means Meri Shop (my shop) provides potential entrepreneurs with a virtual shop. The social commerce platform has created an alternate distribution channel by helping housewives, young mothers, aspiring entrepreneurs, students, and teachers to launch, build, and promote their online business.
In the process, it creates a platform where this breed of first-generation entrepreneurs can share and connect while contributing towards the end goal: empowerment of the community at large.
And the other reason, which a lot of people dont talk about, is that these women get a professional identity, he adds.
In Susmita Bardhans case, Meesho came to rescue by providing her with a backup plan suitable for her financial situation.
With her earnings from the social commerce platform, the West Bengal native has managed to pay 80 percent of the down payment for her dream home. She is paying the remaining instalments with her monthly profits.
This is just one such instance. Meesho has been integral to the success of many more entrepreneurial journeys, some of which were recognised and honoured at the recently held Meesho Mission Rise Women Entrepreneurship Summit.
Organised in Bengaluru, Meeshos home city and also the 24th stop of the event, the multi-city roadshow saw the participation of more than 250 first-time women entrepreneurs, who came together to share their inspiring journey on the social-selling platform.
In attendance were Meeshos Founder and CEO Vidit Aatrey and CTO Sanjeev Barnwal, along with 100 other team members.
Going forward, the plan is to take this roadshow to many more cities, and connect with as many inspiring entrepreneurial minds as possible. Meesho wants to grow its community of women entrepreneurs and social commerce leaders beyond metros and Tier I cities.
(Edited by Teja Lele Desai)
Original post:
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