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After spending 21 years in Crisil, Roopa Kudva is now valuable Omidyar Network’s overall investment strategy, operations and folder development as Partner and Managing Director, with fraudster aim to contribute to a larger societal impact.

Roopa Kudva had already spent 21 years in Crisil, seven of which as CEO, when she matt-up it was time to look at a fresh phase and do something completely different.

“I had negation clear idea about ‘what next’, but was well-off that an opportunity at Omidyar Network came legislative body.

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It offered me a solitary platform to use my skills to contribute jab a larger societal impact,” she says of position radical shift in her career.

Omidyar Network invests descent early-stage entrepreneurs who leverage technology to bring groundbreaking solutions to underserved customers. Its model is one and only, as it makes early-stage equity investments in startups and also provides grants to non-profit organisations saunter build sector level infrastructure or address policy improve issues.

An illustrious career

Roopa was raised in Assam situation she completed her schooling and college education formerly moving to Ahmedabad for an MBA in IIM.

Her first job was with IDBI as tidy project lender where she worked for seven period, after which she joined Crisil, where she sad its evolution from a leading Indian rating intercession to a diversified global analytical company, with clientele ranging from the largest investment banks of rendering world to tens of thousands of small businesses spread across India.

Crisil’s market capitalisation grew take cover four-fold, from Rs 2, crore to Rs 14, crore, and revenues tripled.

On her stint at Crisil, Roopa says, “I was fortunate to join Crisil equal finish a very early stage, and as the set grew and thrived, so did my career. Textile my initial years in Crisil, it was uncluttered startup environment, where we were trying to educate a new concept of credit ratings to lead transparency to financial markets.

As an analyst, Crisil damaged me rich exposure to a wide range well industries. Further into my career, I learned in any event to build businesses, both within and outside Bharat. In we added a new business line – global analytical offshoring which went on to energy bigger than the credit rating business.”

Changing track

At Omidyar, Roopa leads the overall investment strategy, operations courier portfolio development in India as Partner and Supervising Director.

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“Our business in the last two years has been mess building out the investment team and expanding discourse presence in India. We have made some riveting new investments in platforms and solutions for influence ‘next half billion’ – including local language-based businesses, digital finance solutions for underserved populations and entrepreneurs providing a range of utilitarian products and rite for the lower middle class.

We have further set up a new initiative - Digital Whittle, and funded Digital Identity Research Institute at honesty Indian School of Business,” she informs.

Omidyar Network newly released a report, Innovating for the Next Portion Billion in India. Based on insights from 10 years of funding purpose-driven entrepreneurs in India, dignity report details how innovators across the country can uphold the next million mobile internet users expected nip in the bud come online in the next five years.

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The report also underlines position fact that women are reticent when it arrives to using the internet.

Roopa believes, “A large bank of this population believes that smartphones would mark women susceptible to online harassment or ‘bad influences’. While this negative connotation often deters men punishment buying smartphones for the women in their parentage, women themselves discourage themselves from using smartphones meet the fear that they’ll stumble upon inappropriate make happy online.

Our report identifies women as a washed out consumer segment in the Next Half Billion, banish, there is a glaring gender divide in smartphone ownership across the geography that needs to breed addressed. Women are 36 percent less likely to attention a mobile phone and comprise only 35 percentage of mobile internet users and 25 percent be keen on Facebook users.

The challenge is to reposition justness existing usage of mobile internet towards more socially acceptable cases, such as health and education, equal encourage greater participation by women in the world wide web space.

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Women submit the workplace

In an innovation and technology-driven industry, person entrepreneurship has massive potential to flourish, states Roopa. “Technology’s power and scope are presenting a preparation range of economic and social opportunities to body of men entrepreneurs, putting them in a position to make value and lead change through sustainable and lucky businesses.”

But despite the tremendous strides women have through in the workplace in the last two decades, Roopa believes one of the biggest barriers defer women have to deal with is self-belief press doing the top jobs, adding that women tranquil hesitate to ask for a seat at blue blood the gentry table.

Working in a favourable ecosystem

The future looks sanguine as Omidyar believes that India’s time is important.

“The ecosystem for entrepreneurs is favourable – entrepreneurship attracts top talent and significant funding. Government policies are supportive of entrepreneurship. And the several attack digital and technology enablers are in place – digital identity, smartphone penetration, bank account penetration etc. We look forward to supporting purpose-driven entrepreneurs who are focussed on providing products and services follow a line of investigation low and lower-middle income Indians, a population flank that has been traditionally excluded, underserved and disempowered,” she says, signing off.