WinPE's Garg on Gender Diversity

The video discusses gender gaps in India, comparing them to global trends and highlighting the challenges women face in the private equity industry. It emphasizes the lack of female role models and the need for more women in senior positions. The conversation shifts to the progress made in gender diversity, with firms showing increased commitment to change. The role of ESG in promoting gender diversity is explored, noting that while ESG consciousness doesn't directly translate to diversity awareness, progressive investors are more open to such discussions. WinPE's efforts to diversify board positions and promote gender diversity through action plans and mentorship programs are also highlighted.

What is the gender gap percentage range in India compared to other parts of the world?

• 7 to 10%

• 10 to 15%

• 15 to 20%

• 5 to 8%

What is one of the historical reasons for the gender gap in private equity?

• Lack of education

• Economic instability

• Cultural differences

• Dealmaking in men's clubs

How does the lack of female role models affect younger women in the industry?

• It motivates them to start their own businesses

• It discourages them from pursuing senior roles

• It has no effect

• It encourages them to apply for more jobs

What change has been observed in the conversation on gender diversity in the last two years?

• A focus on other diversity issues

• No change

• An increase in awareness and willingness to act

• A decrease in awareness

What is the relationship between ESG and gender diversity according to the transcript?

• ESG directly includes gender diversity

• ESG does not include gender diversity

• ESG is unrelated to gender diversity

• ESG makes gender diversity irrelevant

What is one of the key efforts of WinPE to promote gender diversity?

• Eliminating all-male clubs

• Reducing company taxes

• Increasing male board members

• Diversifying board positions

How does WinPE plan to track progress in gender diversity?

• By conducting annual surveys

• By implementing KPIs and timelines

• By reducing company size

• By hiring more men