Press Release

Yubi launches Back2EPIC, a returnship program  for Women in Tech

NEWS SUMMARY

  • Back2EPIC is a fully sponsored 12-week reskilling bootcamp-cum-internship program for women returnees to relaunch their careers in tech

  • The program has two modules, one which focuses on technical reskilling and another on soft skills training

  • Through this program, 14 women techies have graduated from the first cohort and have commenced their internships with Yubi

FULL STORY

Chennai, 7 March 2023:  Yubi, the world’s first unified credit platform, in partnership with Hero Vired, has announced the launch of Back2EPIC, a returnship program for women in tech who are looking to restart their careers post a break. As part of the first cohort, 14 participants have graduated.

Back2EPIC is a fully-sponsored 12 week reskilling bootcamp-cum-internship for women on a career break. It is broken into 2 modules which focuses on technical reskilling and soft skills training which is designed to enable a smooth transition into the workplace for women. The first six weeks consist of a reskilling bootcamp, followed by a 6-week paid internship which will serve as a hands-on training experience. Post the completion of the internship, participants are assessed for full time roles at Yubi.

Tanya Mehan, Head of Diversity, Equity & Inclusion and Employer Branding at Yubi, said, “Many women often have to take career break due to various reasons, be it taking up caregiving responsibilities, handling homes, managing any personal crisis, or even if it’s to take a breather. However, when they return, women have to suffer from various biases and systemic inequities which hinder them from re-launching their careers. Yubi believes that cognitive diversity and inclusion are the fundamental blocks of growth and innovation. Hence, instead of being part of the problem, we designed Back2EPIC to be part of the solution and with the first cohort graduating, we are certain we will see immense value in our efforts.”

Commenting on partnering with Yubi for this program, Vasu Sharma, Director – Growth and Partnerships at Hero Vired said, “When Yubi approached us with the idea, we were thrilled at the possibilities of what this program can do for women who are looking to restart their careers in tech. Reskilling is a crucial building block in this day and age, given how fungible skills have become; this is applicable more so in the case of the tech talent pool that is available today. This belief is at the bedrock of our services and compliments Yubi’s vision of driving cognitive diversity in its workforce.”

The diversity and inclusion initiatives at Yubi has made it the most sought after company for young techies. Some of these unique policies include period leave for women and non-binary employees, paternity leave of 10 weeks, extensive maternity leave where women employees can choose to extend their maternity leave for another 26 weeks at 25% of their fixed compensation,  and monthly childcare allowance of INR. 15,000 for every parent in the system, a no-questions asked relocation option, owing to life events such as marriage, caregiving responsibilities etc. to ensure continuity of employment for women, accessible and inclusive infrastructure support including gender neutral washrooms, mothers feeding rooms, on-site kids’ play room, ramps etc.

Yubi has won the jobsforher DivHERsity Awards for two consecutive years, 2022 and 2023.

About Yubi:

Established in 2020 by Founder and CEO, Gaurav Kumar, Yubi is the world’s first unified credit platform powering the discovery, execution and fulfillment of credit. From origination to collection, the platform seamlessly powers the end-to-end debt lifecycle with a digital marketplace and sophisticated technology stack. Its one-of-a-kind product suite (Yubi Loans, Yubi Co.Lend, Yubi Invest, Yubi Flow, Yubi Pools, and Yubi Build) offers loans, co-lending, corporate bond issuance, supply chain financing, asset-backed securitisation and RE & Infra financing to build a holistic digital credit ecosystem. Additionally, Yubi acquired its collections arm, spocto, a global risk mitigation platform and pioneer in AI-enabled recovery infrastructure and Corpository, a full-stack corporate credit underwriting company in 2022 to strengthen its position as the ubiquitous layer that fuels the credit infrastructure of the country. Yubi currently has over 3,000+ Corporates and 750+ Lenders and has facilitated debt volumes of over INR 100,000 Crores. Yubi’s mission is to transform the debt markets globally, starting with India, by accelerating access to capital to further the GoI’s $5 Trillion economy goal. To know more, visit www.go-yubi.com

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