Wednesday, April 24, 2024
Outlook.com
Outlook India
Outlook Business

Bengaluru-Based Strata Clocks 2X Rise In Women Investors

Strata launched an initiative to encourage women to take an active role in their investment decisions on women’s day last year

Bengaluru-Based Strata Clocks 2X Rise In Women Investors
Priyanka Rathore, co-founder of Strata
LinkedIn
POSTED ON March 06, 2023 4:22 PM

Bengaluru-headquartered Strata, a property tech start-up in India has marked a 2x growth in the number of women investors within a year of slashing the minimum investment ticket size for women. It claims to have 45 per cent of women investors of its total investor base. 

According to a company statement, Strata launched an initiative to encourage women to take an active role in their investment decisions on women’s day last year. As a part of this initiative, it reduced its minimum investment ticket size by 40 per cent from Rs 25 lakh to Rs 15 lakh for women investing on its platform. 

The initiative was envisaged as a five-year programme, however, it claimed that the aim of increasing women investor participation in fractional ownership of the commercial real estate, has been achieved in less than a year’s time. The initiative has also been instrumental in driving awareness among investors to explore new-age alternative investment avenues, the statement added.

Talking about the latest development, Strata's co-founder and chief operating officer (COO), Priyanka Rathore,  said, "Promoting an inclusive investment environment has always been Strata's core principle, and we are thrilled to receive such a warm response from our women investors. We applaud the courage and effort for taking a step out of their comfort zone and taking charge of their financial health. “

“Comprising half of the economy's population, we must focus on and create an equal podium for women investors. As a women entrepreneur, I am responsible for making efforts in this direction. Strata is committed to further curating innovative products and investment opportunities to create a more engaging and nurturing investment ecosystem for women," she added. 

  • Related Articles

    Over the next 24 months, Amazon is expected to onboard these entrepreneurs associated with Womennovator on its e-commerce exports program – Global Selling

    Amazon Joins Hands With ‘Womennovator’, Claims To Enable 200 Indian Women Entrepreneurs To ‘Go Global’

    The fintech company uses a business model, which offers quick and hassle-free loans to students and young professionals

    Kolkata-Based Fintech Start-Up mPokket Witnesses 100x Growth In Women Users

    DAO EvTech has planned to invest $100 million in India apart from the Rs 100 crore for Tamil Nadu and showcased a new line of electric vehicles in the city recently

    DAO EvTech Earmarks Rs 100 Crore Investment In Tamil Nadu, To Hire 2,000 People