Mumbai, India, March 7, 2025: Federal Express Corporation (“FedEx”), the world’s largest express transportation company, continues to champion inclusive entrepreneurship in India through the ‘Saksham’ initiative for the fourth conservative year. This year, Saksham has empowered over 270 women entrepreneurs and nearly 160 LGBTQIA+ community members. These entrepreneurs received customized Saksham kits containing essential business resources, as well as mentorship and industry-specific training. The initiative has supported small businesses across sectors such as tiffin services, tailoring, handicrafts, food services, and beauty—providing them with the tools needed to scale and succeed.
“The Global Entrepreneurship Monitor (GEM) highlights, if there is a sustained and concerted effort to help women start and grow businesses at the same rates as men, USD 5 to 6 trillion of new global economic output could be added,” said Suvendu Choudhury, vice president, India Operations, FedEx. “With 2.2 crore[1] women-owned MSMEs in India, their potential is vast. However, barriers to capital, business knowledge, and market access persist. Through ‘Saksham,’ FedEx, in collaboration with United Way, aims to bridge this gap, enabling women entrepreneurs to establish stronger businesses and contribute to economic growth.”
Since its inception in 2021 in collaboration with United Way Mumbai, ‘Saksham’ has achieved significant milestones. In 2024 alone, 38% of beneficiaries who previously had no income now earn an average of ₹61,176 annually. Additionally, 19% of those earning under ₹15,000 annually have increased their income to an average of ₹66,782. These numbers highlight the direct economic upliftment the program has fostered*.
As part of its broader commitment to inclusive growth, ‘Saksham’ also supports the LGBTQIA+ community. Before joining the program, 45% of these participants were unemployed. Post-enrolment, 90% have either secured jobs or started their own businesses. Among them, 68% now hold private-sector roles earning ₹14,000–₹15,000 per month, while 23% have launched successful enterprises in cultural performances, beauty services, and tailoring*.
“At United Way Mumbai, we believe that economic empowerment is key to building resilient communities. Through Saksham, we have witnessed firsthand the transformative impact of access to resources, mentorship, and market linkages on women and LGBTQIA+ entrepreneurs. The success stories emerging from this initiative are a testament to the power of inclusive entrepreneurship in driving sustainable economic growth. We are grateful to FedEx for their support to this partnership,” said George Aikara, CEO, United Way Mumbai.
For the women entrepreneurs benefiting from this initiative, Saksham represents more than just business growth—it is a transformative journey. Mamta Gawali, a program beneficiary and beauty services entrepreneur, shared: “Before Saksham, sustaining my business was a constant struggle, and expanding seemed impossible. But with the Saksham Kit, which provided essential tools, products, and equipment’s, I enhanced my services and attracted more customers. The financial management training taught me the importance of saving, and today, I have a bank account and a clear plan to grow my business—ensuring a better future for my children.”
As FedEx continues its journey as a responsible corporate citizen, initiatives like Saksham reinforce its commitment to fostering an inclusive and economically empowered India. By taking tangible actions under #AccelerateAction, FedEx is strengthening the foundation for women entrepreneurs to thrive, creating a ripple effect that uplifts communities and drives economic progress.
* As per the United Way Mumbai Saksham project impact assessment report.
About Federal Express Corporation
Federal Express Corporation is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. Federal Express Corporation uses a global air-and-ground network to speed delivery of time-sensitive shipments by a definite time and date.
About United Way Mumbai
United Way Mumbai is a part of the 130+ year-old United Way movement spanning 41 countries across the world. Our mission is to improve lives by mobilizing the caring power of communities to advance the common good. We work closely with a network of 500+ NGOs and a large number of corporates for their CSR programs, workplace giving campaigns and other events. This includes designing of CSR policy and strategies, due diligence of NGO partners, programme implementation, employee volunteering, impact assessments and financial and programmatic reporting.
Over the past 23 years, we have partnered with over 300 companies and over 1,00,000 individual donors investing close to INR 1150 crore for community development projects. Our expertise lies in identifying, designing and implementing high-impact projects in the areas of Education, Health, Income, Environment, Public Safety & Social Inclusion in both urban as well as rural communities across the country.