Press Release
FIS Recognized with India CSR Award for the SheVentures Women Empowerment Program
August 22, 2024
Key facts:
- FIS has been recognized by the Indian CSR Awards for the SheVentures Women Empowerment Program with AROH Foundation.
- SheVentures provides training for women business owners in critical business, banking, marketing and technology skills to improve their business results while reducing gender inequality and promoting financial empowerment and inclusion.
- To date program participants have seen a 40% increase in income.
JACKSONVILLE, Fla., August 22, 2024 - Global financial technology leader FIS® (NYSE: FIS) announced that it has been recognized by the Indian CSR Awards 2024 for SheVentures, the women’s empowerment program implemented jointly with the AROH Foundation.
Launched in July 4 2023 at the India Habitat Centre, SheVentures enables aspiring women entrepreneurs in India to build their own brands and grow their businesses. The program paired FIS with the AROH Foundation, a leading Indian non-government organization (NGO) that has been recognized by United Nations Global Compact Network India (UNGCNI) and is dedicated to women’s empowerment and alleviating poverty.
SheVentures, which is part of FIS’ strategic Corporate Social Responsibility (CSR) program in India, engages women from diverse backgrounds with little-to-no formal education, who are operating small businesses and are eager to learn and achieve more. By participating in this hybrid program of classroom sessions, online support groups and one-on-one counseling, SheVentures helps women entrepreneurs develop the vision for their businesses while learning skills in finance, marketing and technology. They gain valuable business and banking skills across the money lifecycle such as opening a bank account, using online banking, obtaining a business license and securing a business loan. Participants also learn to create a marketing strategy and how to leverage technology to develop their brand, expand their customer base and build their social media presence.
“We’re delighted to co-sponsor SheVentures with AROH and to be recognized for the valuable contributions it is making,” said Ramkumar Narayanan, head of Technology and Services India & Philippines at FIS. “This partnership aligns perfectly with FIS’ vison of helping to provide financial inclusion to underserved communities and increase financial literacy globally.”
To date, program participants have seen a 40% increase in their income. The aim is to train hundreds of women entrepreneurs by the end of Q1 2026 across Delhi NCR, Pune and Bengaluru.
The impact of women entrepreneurs on the Indian economy is substantial as their ventures generate employment opportunities in their communities, lift many out of poverty, bring more people into the financial ecosystem and promote economic stability. Programs like SheVentures help reduce gender financial literacy and earning power inequality and break down long-established social barriers in Indian society. Successful women entrepreneurs go on to become role models for young girls in their communities.
To learn more about FIS’ Corporate Social Responsibility initiatives around the globe visit our Global Community Involvement page.
About FIS
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology that underpins the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses adapt to meet the needs of their customers by harnessing the power that comes when reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index.
To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and X.
For More Information
Kim Snider
Senior Vice President
FIS Global Marketing and Communications
904.438.6278
kim.snider@fisglobal.com