The Tech FoundHER Challenge, launched earlier this year on International Women’s Day, is a new program from Prosus addressing the global disparity in venture capital funding, where less than 5% goes to female-founded startups.

Ritu Srivastava, Co-Founder of TheLightbulb.AI was named the winner of the first Tech FoundHER Challenge and was awarded an equity-free grant of US$50k.