News By/Courtesy: Muskan Chanda | 25 Jul 2020 17:11pm IST

HIGHLIGHTS

  • Gender diversity has become a hot button topic across industries globally, and especially so in the venture investing community.
  • The representation of women in funds overall has grown by 27-31 percent in the last 18 months.
  • VC firms have hired more women at the lower to mid-levels.

More women are being admitted into the rarefied world of venture capital, especially by smaller investment firms, although their presence in leadership and decision-making roles remains in the single digits, particularly at the top-tier funds.
As gender diversity becomes a hot button topic across industries globally, and especially so in the venture investing community, the representation of women in funds overall has grown by 27-31% in the last 18 months.

As gender diversity becomes a hot button topic across industries globally, and especially so in the venture investing community, the representation of women in funds overall has grown by 27-31percent in the last 18 months, according to the data.


VC firms like Blume Ventures, WaterBridge Ventures, Eight Roads, Fireside Ventures, Bertelsmann India, A91 Partners, B Capital, Quona Capital, Lighthouse and Lightspeed Venture Partners have hired more women at the lower to mid-levels, while top ones including Accel, SAIF Partners, Sequoia India, Matrix, Nexus Venture Partners and Chiratae Ventures have lagged in broadening their leadership teams.


Shweta Bhatia, the partner at Eight Roads (formerly Fidelity Growth Partners), says her professional journey got a leg up from the time she picked the right organization early on in her career.
Bhatia started as an analyst in the Class of 2000 at Goldman Sachs in the United States, where she says conversations around inclusivity, culture, and diversity had already begun. “There were female role models...,” Bhatia said. “It helps when the organization sees women in senior leadership roles.” She further added.

Today, she has given back, by hiring three women in investing roles. “In a team when you have two to three women, the dialogue changes,” she says, adding that over a third of the fund’s India investment team comprises women.

 

This article does not intend to hurt the sentiments of any individual, community, sect, or religion etcetera. This article is based purely on the author's personal opinion and views in the exercise of the Fundamental Rights guaranteed under Article 19(1)(A) and other related laws being enforced in India for the time being.

Section Editor: Pushpit Singh | 25 Jul 2020 22:33pm IST


Tags : #vcfirms #womenempowerment #womennews

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