On Thursday, Pakistan’s leading global bank, Standard Chartered Bank Pakistan, in partnership with INNOVentures Global (Pvt.) Limited has announced the seven winners of the #SCWomenInTech Program 2021. Out of the top 25 teams, seven women-led startups were chosen as winners and were granted Rs1.5 million in seed grants.
Standard Chartered announced that more than 350 applicants had applied for the program, out of which the top 25 teams were finalized. Shortlisted companies went through the #SCWomenInTech program for three months where they were given training, mentoring, and business administration skills to develop their businesses to the next level. The victors of this program will be supported by Standard Chartered with widespread mentoring and a milestone-based disbursement of the amount for 9 months.
Seven Winning Women-Led Startups
The victors for Standard Chartered Women in Tech (WiT) 2021 are:
Civixa – A startup exploring to automate the procedure of arranging objects and developing algorithms for smooth use in Artificial Intelligence (AI) applications.
Out Class – An online platform for the Pakistani tutoring business, presenting high-quality education and delivery.
Storytellers Club – A conventional enterprise giving co-curricular and extra-curricular storytelling and play for children aged between two to ten years, attempting to build an online presence post-COVID-19.
Abey Khao – An innovative startup presenting economic opportunities to the deaf by starting food carts that sell through sign language. The startup is now looking to create a digital ordering platform.
Cheezain Etc. – An e-commerce market and one-stop-shop for popular household accessories.
MediQ – A digital wellness app that grants access to online discussions, as well as, other similar services. The startup is now looking to expand its operations.
SLOSH AI – A software medium that automates the reading and analysis of chest x-rays for radiographers and other assistance providers.
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#SCWomenInTech Program
The program was first launched in October 2014 by Standard Chartered Americas as a regional community project. The international bank launched WiT in Pakistan in March 2019. Since then, 70 businesses have gone through extensive coaching, training, and mentoring gatherings.
The Standard Chartered Women in Tech (WiT) program supports women-led entrepreneurial startups with business management education, mentoring, and seed funding. The accelerators were devised to help address gender inequality in the technology division and to utilize technology to tackle cultural challenges encountered by communities.
