Business
Hero Vired Introduces Special Scholarship Initiative Ahead of International Women’s Day
Hero Vired, a leading learntech start-up by the Hero Group, has announced the launch of its special scholarship initiative – #EmpowerHer, aimed at providing special benefits to women learners ahead of International Women’s Day. Throughout March, Hero Vired will be offering a 25% scholarship to women learners across all programs, underscoring its commitment to fostering gender equality and promoting equal opportunities for women in education and in the workforce.
The scholarships will be applicable for program batches starting in March and April 2024. They will be available across all courses and programs offered by Hero Vired, including Product Management, Data Analytics, Extended Reality (AR +VR), and Gaming & E-sports. As a completely digital offering, applicants can visit the Hero Vired website to review the eligibility requirements and complete the application form. Upon completion of the course, learners will receive a digital scholarship certificate, in addition to the program completion certificate.
Hero Vired has witnessed a remarkable increase in women’s participation across its cohorts, growing from 5% in 2021 to approximately 20% in its recent batches. With this initiative, Hero Vired aims to further strengthen this ratio, especially in its Tech & Future Tech program, fostering diversity and inclusion.
Despite comprising 36% of India’s tech workforce, women face a significant drop in representation as they ascend the corporate ladder, according to data from Nasscom. The #EmpowerHer scholarship aims to address this gender gap in leadership roles and foster career growth for women to help them break through these barriers.
Mr. Akshay Munjal, Founder and CEO of Hero Vired, commented on the initiative, saying, “By launching this special scholarship initiative for women learners, we aim to break down barriers and create a more inclusive learning environment while celebrating and empowering women. We are catalyzing positive change and building a more balanced workforce of the future. Our diverse course offerings across various domains ensure that women can choose a path that aligns with their interests and career goals.”
Over the past year, there has been a steady increase in women’s participation in the workforce. The 2022-23 Periodic Labour Force Survey, released by the Ministry of Statistics and Programme Implementation, revealed a significant 4.2 percentage point increase in the Female Labour Force Participation Rate, reaching 37% in 2023. This trend aligns with the rising demand for upskilling programs, enabling women to transition into new career trajectories and seize enhanced job opportunities. Through this initiative, Hero Vired seeks to support women at all stages of their careers, from entry-level professionals to aspiring leaders, and contribute to a more diverse and inclusive workforce.
For more information about Hero Vired’s #EmpowerHer scholarship program and to apply, please visit www.herovired.com.