Dr. Shweta Choudhary Elevates Women Entrepreneurship at Marwari Catalysts, Launches $10Mn Fund for Startups

By: WE Staff | Tuesday, 29 August 2023

Marwari Catalyst has welcomed Dr. Shweta Choudhary as their new Director: InnovHER, marking a notable stride toward women's entrepreneurship empowerment. In this pivotal role, Dr. Choudhary will champion the cause of women founders, aiming to bridge the gender disparity in the startup ecosystem while fostering an inclusive environment for growth.

With a firm commitment to promoting gender equality and supporting women in business, Marwari Catalysts intends to provide meaningful opportunities and resources for aspiring women entrepreneurs. The accelerator's strategic decision aligns with its existing dedication to gender diversity, as 50% of its team members and 35% of its portfolio startups are led by women.

Dr. Choudhary's appointment adds a valuable layer of expertise and experience to the accelerator's efforts. Armed with an extensive background in the industrial and SME (small and medium-sized enterprises) ecosystem, she brings forth a rich understanding of entrepreneurship dynamics. Her role as a technical consultant for prestigious government programs, including SFURTI by MSME and Jal Jeevan Mission by Jal Shakti Ministry, further equips her with insights into sustainable development initiatives.

Marwari Catalysts' vision expands beyond mere advocacy; they are actively nurturing a supportive ecosystem for women entrepreneurs. Dr. Choudhary's leadership will amplify these efforts, propelling the accelerator to new heights in fostering innovation and driving impactful change. Her focus includes organizing empowering events, initiating women-led initiatives, and promoting women's representation on the global stage.

One of the initiatives spearheaded by Dr. Choudhary is the establishment of a dedicated $10 million fund exclusively for women-led startups. This move aims to address the persistent issue of limited funding opportunities for women entrepreneurs. By providing access to capital, the accelerator hopes to catalyze the growth of women-led ventures and unlock their full potential.

Furthermore, a key highlight of Dr. Choudhary's strategy is the creation of an exclusive annual cohort for women founders. This cohort will serve as a collaborative space, fostering mutual support, knowledge sharing, and skill enhancement. By facilitating connections and providing a platform for exchange, Marwari Catalysts seeks to elevate the visibility and success of women-led startups.

Dr. Shweta Choudhary herself is a multifaceted leader, hailing from a distinguished real estate and hotelier business family. Her robust business acumen, combined with an academic background in architecture and design, makes her a valuable asset in fostering startup strategies and creative solutions. Beyond her professional achievements, she is known for her engagement with the youth, emphasizing the importance of education and empowerment.

Marwari Catalysts and Dr. Shweta Choudhary's collaboration reflect a resolute step towards change in a landscape where women's representation in the entrepreneurial world remains a challenge. The accelerator's innovative approach, coupled with the director's expertise, promises to uplift women founders, catalyze growth, and contribute to a more equitable and inclusive startup ecosystem.