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Global Indianstory Global Indian ExclusiveGirls That Invest: How Simran Kaur and Sonya Gupthan empower women through financial freedom
  • Global Indian Exclusive
  • Indian Entrepreneur

Girls That Invest: How Simran Kaur and Sonya Gupthan empower women through financial freedom

Written by: Team GI Youth

(September 19, 2024) In March 2020, two young women launched a podcast, sitting in their bedrooms and broadcasting from their laptops. They had a modest audience of around a thousand listeners at the time, all they wanted to do was make finance more approachable to first-time investors. Simran is a TEDx speaker and her podcast, Girls That Invest has over one million downloads to date. The two friends, Simran Kaur and Sonya Gupthan, were over the moon. “We’re from New Zealand. It’s a small island. Things like that don’t really happen around here,” Simran told Vogue. In 2022, they also published their book, Girls That Invest: Your Guide to Financial Independence through Shares and Stocks, which is available on Amazon. Why teach women to invest? To give them the independence so many of them sorely lack, they say. ”

The Global Indians both grew up in Auckland, and first met when Simran, then five years old, stole some stickers from Sonya, also five. That was the start of a lifelong friendship and, although they didn’t know it yet, a thriving business. Both had comfortable lives, attending good public schools. Simran recalls, however, the family’s Sunday rip to the temple, which was in a less affluent part of town. “Very quickly, I learnt my temple friends didn’t have the same privileges and experiences that my school friends did, and the reason was money. Money is such a huge part of our lives, it affects how we interact, it affects our ability to receive access to care,” Simran said. Sonya, like her friend, had a good life and didn’t really think of personal finance until she turned 18, which she admits is “a huge privilege in itself.” On her 18th birthday, her brother gave her a copy of Rich Dad Poor Dad, which stoked her interest.

Simran Kaur | Girls that Invest podcast | Global Indian

Girls That Invest

As Simran began learning about investing, the early experience was quite formidable. Full of complex jargon, the subject seemed unapproachable. Still, she was just about to begin her career and wanted to know how to manage her money. She did a certificate course in investing and was pleasantly surprised to find that it wasn’t so difficult after all. Not long after, the two girls sat together in Simran’s bedroom at her university, and had their first heart-to-heart about money. That’s where this story begins, really. They chatted for hours, discussing what they earn, save and invest. “There was such fire in that conversation, we thought that we should share this information as a podcast to encourage friends and family to invest too.”

The idea for a podcast had already been on Simran’s mind. “Right after the conversation, we made tea and Sim talked about her vision for Girls That Invest and starting a podcast – it didn’t take much convincing for me to jump on board,” said Sonya. With these modest intentions, the two friends decided to start a podcast. The pandemic provided them with an opportunity – as stocks spiralled, Simran knew it was a good time to invest. That’s how Girls That Invest began, as a friendly banter between two childhood friends sitting in a bedroom and broadcasting from a laptop. “It was truly a grassroots mission, we learned everything about ourselves through editing, recording, software all through our saviour Google while trying to balance full-time jobs,” Sonya recalls. Two years down the line, Girls That Invest has nearly 2,00,000 monthly downloads and a big social media fan base.

Changing a mindset

“Only the rich can invest’. ‘That’s too complicated’. ‘I’ll invest after I buy a house and a car’. ‘It’s boring’. The idea of investing is full of misconceptions, although there is a wealth of apps and businesses that help with it, the sheer volume of information is daunting too. Interestingly, Simran and Sonya observed, in their own words, that “most money-media is usually about men. For women, it’s about how to save $10 on your grocery bill.”

They made it their mission to remove jargon and deliver advice that be understood and followed. Sonya admits that it was a barrier she faced too. “One of the most important t hings to know is to figure out what type of learner you are. This allows you to understand how you can digest and retain information best,” Sonya says.

Girls That Invest is also a book now, and was the number 1 business book on WH Smith. The entrepreneurs have also relaunched their masterclass. They gave their first TEDx talk in the US and are nearing the quarter-million follower count on Instagram.

 

View this post on Instagram

 

A post shared by Sim Kaur | Girls That Invest (@girlsthatinvest)

Aim for freedom

The aim of being savvy with money, the two entrepreneurs say, is freedom. “Money is not about cars or fancy things for me, it’s the ability to live life the way I want to. It means choosing when I work, where I work, how I live my life, who I surround myself with, how much time I spend with my loved ones and what values I live by daily,” says Simran.

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Published on 19, Sep 2024

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Hina Saifi | Global Indian

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"Dear human don't become elements of destruction @Climate is changing
Protect your possession pic.twitter.com/rWzZ8LGEIz

— Hina Saifi (@HinaSai03267365) September 16, 2021

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mage-26882" src="https://stage.globalindian.com/youth///wp-content/uploads/2023/01/sritej.jpg" alt="Sritej Padmanabhan | 3M Young Scientist" width="344" height="378" /> Sritej Padmanabhan[/caption]

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[caption id="attachment_26881" align="aligncenter" width="640"]Sritej Padmanabhan | 3M Young Scientist Sritej with other students from North Allegheny school who participated in the Broadcom Masters[/caption]

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=" wp-image-30688 aligncenter" src="https://stage.globalindian.com/youth///wp-content/uploads/2023/06/keh1.jpg" alt="Kehkashan Basu | Global Indian" width="754" height="503" />

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Kehkashan Basu | Global Indian

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Green Hope Foundation

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A sustainability advocate, Kehkashan moved to Canada in 2017 to bring her nonprofit to North America. "I thought, if I have to start my organization in North America, I want to start it in a place where I know that your differences will be accepted, where I would be able to make a difference with people who are also interested in similar things," she said in an interview. After graduating from the University of Toronto in 2022, she is currently pursuing MBA at Cornell University.

https://www.youtube.com/watch?v=bKxckiMIP0Q

Being a climate activist, Kehkashan believes in the power of bringing about change. "The first step is educating ourselves about the problems facing our local communities. If we don't have the knowledge, then we cannot take action. Once we have the awareness, then we can spread it and take concerted, localized action towards human and planetary wellbeing, whether that is growing our own food, switching to solar-powered cars, or planting mangroves, the list is endless," she said.

Kehkashan Basu's journey from witnessing the devastating effects of plastic pollution to becoming a globally recognized activist showcases the power of youth engagement and individual action in the pursuit of sustainable development. Through the Green Hope Foundation, she has successfully empowered marginalized children and youth, enabling them to become environmental advocates and champions of change in their communities and beyond. "Taking care of our planet is no longer a choice; it's a responsibility. And what I want everyone to know is that they must act now to do something for the planet," she added.

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s Monitor, was ready nine months after his mother's illness. Fortunately, her mobility had been restored, so Adarsh ran over 1000 tests on his protype, as part of a 40-participant pilot study. "It took me around nine months to develop the device and build an app with notifications so doctors could use it, but also regular people," he told The Guardian. "Because it's contactless and relatively portable, it could even be used to detect infectious diseases like Covid-19."

Even as a teenager, the young Global Indian was especially perceptive of the world around him, alive to its problems and eager to find solutions, which he does using his deep interest in technology and coding. Growing up in California, he noticed his neighbours using automatic sprinklers, using vast amounts of precious water on landscaping.

A low-cost community sprinkler alert system

"While going to school in the rain one day, I saw one of my  neighbours with their sprinklers on, creating run-offs," he told Vintage Billboard. "Through research, I found that 25 percent of the water used in an average American household is wasted each day due to overwatering and inefficient watering methods."
In 2016, Adarsh began work on a prototype for a smart, low-cost, community sprinkler alert system. When he conducted a two-month pilot with 10 neighbouring homes, he found they had the potential to save some 50,000 gallons of water in a couple of months. "The sprinkler system is compliant with water regulations, to cost-effectively save water for entire neighbourhoods using a Raspberry Pi, moisture sensors, PyOWM (weather database) and by utilising free social media networks like Twitter," he added.

The idea was to save the excess water that is wasted during general-purpose irrigation. The device can detect and integrate real-time weather forecast data to provide the optimum levels of water. It doesn't stop there. The sprinkler alert system is also connected to social media and can publish information on when to turn on sprinklers and for how long.
The prototype cost about $50, which, incidentally, is less expensive than the higher-end smart sprinklers. By Adarsh's estimate, it can be brought down to about five cents or less per household, since the device can serve an entire community.

A scalable model 

Some 83 percent of water used in outdoor landscaping can be saved, a huge deal in Northern California, 100 gallons of water is used for outdoor landscaping everyday, in an average household. The sprinkler alert system was also presented to the San Jose City Council, who even considered installing the system in their public grass areas.

Recognition found Adarsh in 2019, when he won MagPi Magazine's Coolest Projects USA competition. Phil Colligan, the CEO of Raspberry Pi, also expressed his support. In 2021, he received the prestigious Gloria Barron Prize. Adarsh is also the founder of Gro-STEMS, which sells succulents to support technology training at San Jose's LifeMoves Homeless Shelter and Aarti Girls School for abandoned children in Kadapa, India.

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Akshaya Dinesh: The Indian-American empowering girls in tech to break barriers

(July 15, 2023) Akshaya Dinesh fell in love with coding through hackathons. The 24-year-old began her entrepreneurship journey during her time at Stanford University, and is the founder of two startups - Ladder and Spellbound. She went on leave of absence from university and gave up a paid internship at Facebook to concentrate on her entrepreneurial journey, where she felt she would make the biggest impact. Her work mainly involves empowering girls in tech, encouraging them to break stereotypes and helping them gain access to opportunities, training and resources. Growing up in New Jersey, Akshaya began dabbling in coding in early high school, more out of boredom than passion. "The summer between middle and high school, I just was super bored and had nothing to do. My parents encouraged me to try to learn a new field." Her parents had seen the opportunities out there for programmers and told Akshaya to learn Java. "I unwillingly learned Java and hated it," the Global Indian said in an interview. "The first language I learned after Java was JavaScript because I realised Java wasn't enough for me to actually build anything of use." How hackathons changed her life Her big turning point came

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rel="noopener">interview. "The first language I learned after Java was JavaScript because I realised Java wasn't enough for me to actually build anything of use."

How hackathons changed her life

Her big turning point came when she discovered hackathons, which happened almost by chance. "I was a math competition for my high school math team and I saw a Major League Hackathon sticker on someone's computer," she recalled, in a podcast. She went home and looked it up, only to find "this whole world I knew nothing about." There happened to be a hackathon coming up in New Jersey and she signed up. Her mother drove her to the event and Akshaya walked in to "a sea of white and Asian boys, pretty much." Clearly, there were very few girls in tech and not much was being done to increase diversity in the space. The spectacle was so daunting she wanted to turn around and go home. To her relief, she found a table of girls and gravitated towards them. "We spent that weekend working on a website together. We were total newbies and didn't win anything, but I was translating the code to Javascript. I loved the entire idea of being able to build a product from scratch in 24 hours," she said.

[caption id="attachment_31926" align="aligncenter" width="410"] Akshaya Dinesh, the entrepreneur working to empower girls in tech[/caption]

Just like that, Akshaya was hooked. She would travel to hackathons every weekend, has attended more than 45 and won a couple of the big ones too. Enthused by her successes, Akshaya attempted to join the Robotics team at her high school. "The male programming lead was so unsupportive, he screamed at me to leave the room. I went home and cried to my mom, wondering what I had done wrong," Akshaya said. She learned later that many people had complained against the young man in question, and it spurred Akshaya to do something about it.

Akshaya decided to launch a diversity initiative within the school. She recruited a few of her peers and over the next few years, the team had organised two hackathons and coding and entrepreneurship training to girls of all ages across the country. "Over 600 girls have been taught by our curriculum," she said. Her big lesson from the experience was that anyone can be an entrepreneur, given the right resources and opportunities. "One group of sixth graders who attended our camp, came from a relatively low income area of New Jersey. They had no coding experience. By the end of our eight-week bootcamp, they had created an Android app from scratch, which they pitched in English to the entire audience." The app was meant to teach ESL students how to speak English. "It's amazing to see how quickly people can grow if they are in a supportive environment," Akshaya says.

Akshaya's own accolades earned her a spot in Stanford University's prestigious CS programme. Her involvement with She++, a social enterprise that works to empower underrepresented groups in technology, helped her land two big internships before college, one at Microsoft and the other at Bloomberg, before she began university. "It was my first time getting to experience Silicon Valley and being in huge tech companies that I had never dreamed of visiting," she explains.

At Stanford University, Akshaya taught two classes - Introduction to Programming and Data structures. She also continued her involvement with She ++, through which she had wonderful experiences. "I wanted to give back and  make that experience possible for other women," she said. So, she ran the college version of the Ambassadors programme, although the summit itself was cancelled due to the pandemic. Stanford University provided her with a rich ecosystem to learn and grow, and the CS programme was the right place to be. "It caters perfectly to tech and tech entrepreneurship learning," she said.

Up the social entrepreneurship 'Ladder'

At Stanford, she began brainstorming with a friend who was doing a CS Master's. The pandemic was at its peak then and thousands of people were struggling to find replacements for cancelled internships. The duo put a simple plan in place - matching students with mentors in their field of interest and having coffee chats with them. "That became huge quickly," she said. Lots of people signed up and it was clear they had filled a growing need. This was how Ladder came to be, a community for people in tech to meet, network and help each other grow through collaboration.

"We had a huge list of internships that had come to us at Stanford University," says Akshaya. They put those in the public domain and thousands of students began picking them. She realised that people simply don't have access to the wealth of information and opportunities that she had at an Ivy League university. The Ladder newsletter was gaining traction fast - with 30,000 subscribers in the first month. "We could see there was a problem and wanted to work on it full-time to democratise access to opportunities," she said.

The young entrepreneur was at another crossroads. She had an internship at Facebook lined up, and a CS course awaiting her at Stanford. However, she had also managed to raise funding for Ladder, which gave her the financial freedom to quit her summer job. She also went on leave of absence from her course at university. She recruited a couple of students to help her and the platform was ready in the next two weeks. As her startup grew, she knew more than ever that she didn't want to work in a big-tech company any longer. Working with girls in tech allowed her to see the impact she was making. "I am an impact-oriented person and I wanted a certain kind of gratification that just isn't there at a big-tech company," she says. "With my startup, though, I can build a feature and see people using it in a week. I want a shorter feedback loop."

Challenges

"I realised that the most successful founders have an insane amount of confidence in themselves, their story and the product that they're building," Akshaya explains. As for herself, she often struggled with 'Imposter Syndrome', and to speak confidently to people. It was also intimidating to be in a male-dominated world, where female founders even struggle for funding. She tells her fellow female founder friend’s one thing: "When you enter a pitch meeting, assume that you’re a white male and you have all the same privileges," she remarks. It's part of empowering girls in tech as they struggle in a male-dominated, sometimes unwelcoming environment.

Akshaya is also the founder of Spellbound, which incorporates interactive user experiences embedded inside the body of emails. "My goal is to build an extremely successful large business and sort of prove to the world that you don't need to be a white man to accomplish the same types of success," she says.

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About Global Indian

Global Indian – a Hero’s Journey is an online publication which showcases the journeys of Indians who went abroad and have had an impact on India. 

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