The founder of Women in Cloud (WIC) Chaitra Vedullapalli said that only 2% of the venture funding goes to the enterprises which are led by the women. India is ranked 70 out of 77 put of Female Entrepreneurship Index. WIC is a community which took an initiative to help out those women who wish to start their own entrepreneurship.
The mission of WIC is to create 1 billion dollars in economic factors to the female tech entrepreneurs and thus helping them in building million dollar businesses in the recurring enterprise contracts. In the United States, the tech firms such as Amazon, Microsoft and many more have partnered with WIC 1 year ago.According to the National Sample Survey Organization, women run about 14% of business organisations in India. WIC is working with the US to achieve gender equality by 2030.
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