Image Source: The Tribune
In a significant step to power India's growing fashion startup ecosystem, noted entrepreneur and philanthropist Saloni Jain has become an investor and mentor to the Fashion Entrepreneur Fund (FEF). Her entry comes as a cornerstone moment for FEF in its efforts to foster innovation, empower young talent, and develop a thriving, sustainable fashion startup ecosystem in the country.
Key Highlights:
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Saloni Jain, founder of the Vinayak Jewels Foundation and director of Vinayak Products Pvt. Ltd., brings more than two decades of leadership in luxury jewelry and a robust tradition of entrepreneurship to FEF.
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She adds to the roster of preeminent industry captains and cultural influencers, which includes Akshay Kumar and Karan Johar, underscoring FEF's combination of capital, creativity, and social purpose.
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Jain's entrepreneurial spirit extends far beyond business-her philanthropic efforts have educated more than 400 girls on scholarships and in skill-development programs, and she has received the 'Nari Gaurav Samman' for the same.
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In FEF, Jain works towards connecting dots within India's scattered fashion industry by extending capital access, mentorship, and important market linkages to startups.
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She highlights the need to support the "Make in India" initiative and provide opportunities for young people to achieve their aspirations in fashion and entrepreneurship.
FEF's leadership applauds Jain's exceptional blend of creativity, business skills, and social awareness as a driving force for positive change in the sector.
The Fashion Entrepreneur Fund is committing substantial resources to assist in converting fashion dreams into successful businesses, providing mentorship and a collaborative platform for innovation.
Jain's participation will help drive FEF's mission of creating a strong, future-proof fashion ecosystem, enabling the next generation of entrepreneurs and designers.
Source: Tribune India, ANI News, The Wire, First India, Indian Economic Observer
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