Tata Communications and MasterCard have announced a commitment to Action to financially empower 25,000 women in the developing world, which is part of a larger vision to ultimately reach 100 million women.

The announcement was made at the Clinton Global Initiative (CGI) Annual Meeting closing plenary.

The two companies are joining forces with a network of partners including Brightstar Corp, Kiva, Tone, Trickle Up and the Hidary Foundation to bring their shared vision to life over the next five years through access to transformative mobile platforms comprising a range of financial, health and education applications and services.

The programme will kick-off with pilot projects in India, Nigeria, Indonesia and Guatemala and will be aimed at 25,000 women, serving as microcosms.