India, October 23, 2024 – Encubay, a global startup and angel platform committed to fostering through its SHEcosystem proudly announces the successful conclusion of its Global Immersion Week 2024, held from 13th to 17th October alongside GITEX Global in Dubai. Encubay led the participation of 40 female founders from India and Serbia. Immersion Week provided an unparalleled opportunity for Indian women entrepreneurs to engage with Dubai’s dynamic startup ecosystem by helping them gain valuable insights, build global networks, and present their business ideas to potential investors. This collaboration underscored Encubay’s ongoing mission to support women-led ventures by bridging the gap between entrepreneurs and global opportunities.
Attendees explored innovations at the Dubai Global Immersion Week interacting with various business leaders and identifying strategic partnerships with women founders securing new business connections during the event. The week concluded with Female founders having the unique opportunity to pitch their business models directly to the Rukam Capital team amongst other investors, receiving invaluable feedback and forging strong connections within the UAE investment ecosystem. This interaction enhanced their pitching skills and also opened doors for potential partnerships, positioning them to do business in the MENA region.
“This Immersion Week exemplifies Encubay’s commitment to empowering women entrepreneurs. Witnessing the transformation of these incredible founders has been truly inspiring,” said Deeksha Ahuja, Founder of Encubay. “The challenges that women face in the entrepreneurial landscape are significant, with less than 2% women-led businesses getting funded, but with the right support and resources, they can overcome these barriers and thrive. This program has not only strengthened their networks but has also equipped them with the tools needed for sustainable growth in the global market.”
Avneet Kohli, Co-Founder of Encubay, expressed her optimism for the future of women-led businesses and expressed, “What we’ve witnessed this week is nothing short of extraordinary. The growth in confidence, skill, and global awareness among the founders is inspiring. Our platform is dedicated to helping women founders start their businesses, scale their operations, and ultimately go global. We aim to be a trusted partner, supporting women at all stages of their entrepreneurial journey and providing them with the resources they need to excel in their respective industries.”
The Encubay Global Immersion Week ’24 successfully brought together female founders and industry leaders for a transformative experience, featuring an exciting agenda that included an engaging panel discussion on “Dubai’s Business & Tech Landscape for the Next Decade,” where industry experts like Archana Jahagirdar, Founder and Managing Partner at Rukam Capital, Dr. Sana Sajan, Director of Danube Group, and Dr. Eng. Suaad Alshamsi shared valuable insights into navigating Dubai’s vibrant startup landscape. The event also showcased the “Soar Up Pitch Showcase and Investor Mixer” at the Capital Club, DIFC, allowing promising startups to pitch their innovations to influential investors and industry leaders such as Nandi Vardhan Mehta, Ruchi Dana, MD of DANA Group, and Amit Grover. Additionally, the “Corporate Leaders: Catalysts for SME Innovation” session highlighted how corporate innovation is empowering SMEs to scale, featuring insights from corporate leaders like Nezha Alaoui, CEO of Women Choice, and Sonia Al Marzooqi, a Top 51 Emirati Women Achiever amongst others. The event fostered meaningful networking opportunities, creating an impactful environment for learning and inspiring future growth among women entrepreneurs in the region. The event also saw participation of successful business owners like Mona Ataya, Founder of Mumzworld and Co-founder Bayt, TJ Lightwala, Managing Director Accenture Song and Laila Faridoon, New Economy Academy.
The Immersion Week was a resounding success, yielding significant takeaways such as strengthened networks, enhanced business strategies, and a renewed sense of purpose among female founders. The experience has positioned them to make impactful strides in the global marketplace, highlighting Encubay’s ongoing commitment to empowering women entrepreneurs.
About Encubay
Encubay’s commitment to fostering a safe and inclusive environment for women entrepreneurs continues to drive its initiatives. By offering mentorship, funding opportunities, and access to a global network, Encubay ensures that female founders have the tools and support they need to thrive. The SHEcosystem built through Encubay provides women with a platform to grow, collaborate, and succeed in a competitive landscape, making the journey toward entrepreneurial success less daunting and more accessible.
