Bengaluru
The Ubuntu Consortium, spearheaded by retired Karnataka Chief Secretary K. Ratnaprabha, has embarked on a mission to empower women entrepreneurs through a series of Memorandums of Understanding (MOUs). These collaborations are set to reshape the landscape for women entrepreneurs in India, fostering a more conducive environment for their growth and success. The first pivotal MOU has been inked with the Global Alliance for Mass Entrepreneurship (GAME). This strategic partnership aims to create a nurturing ecosystem that empowers and supports women entrepreneurs across the country. By leveraging the expertise and resources of both organizations, this alliance seeks to break down barriers and provide women entrepreneurs with the tools they need to thrive. Another notable partnership in the Ubuntu Consortium’s roster involves an MOU with Mystore. This collaboration is laser-focused on equipping women entrepreneurs with the skills and knowledge needed to showcase their products on the Ubuntu Mart, a specialized marketplace dedicated to women entrepreneurs. By integrating this marketplace with the ONDC portal, women entrepreneurs hailing from Tier 2 and 3 cities will gain invaluable access to global markets, enabling them to expand their businesses and reach new heights. In addition to these exciting partnerships, the Ubuntu Consortium is in the final stages of formalizing an MOU with Max Life Pension Insurance. Ratnaprabha, the driving force behind this transformative initiative, expressed her vision; we are committed to working hand in hand with Max Life Pension Insurance to financially empower women entrepreneurs by encouraging them to open their NPS accounts. Planning for retirement is an essential aspect of financial security, and this initiative marks a significant stride for the Ubuntu Consortium. We aim to extend our reach to 100 associations and cover all states in India within the next two years. With these strategic alliances and a clear vision for empowerment, the Ubuntu Consortium is poised to make a lasting impact on the landscape of women entrepreneurship in India, fostering growth, financial stability, and a brighter future for women entrepreneurs across the nation.
