Women-led startup share exceeds 8% in Indian tech industry

Story by  IANS | Posted by  Tripti Nath • 24 d ago
A representational image of women entrepreneurs steering startups
A representational image of women entrepreneurs steering startups


New Delhi
Women entrepreneurs' share of startups in the Indian tech industry has exceeded eight per cent and surpassed over18 per cent among funded companies share, a new report said.
Out of the 2,200 women-led startups in India that have received funding, 36 per cent have progressed to the Series A stage, and 24 per cent have gone on to Series D stage or beyond, according to Tracxn, a leading market intelligence platform.
The number of active investors investing in women-led startups has seen a steady increase since 2010, with a sharp year-on-year jump of 42 per cent in 2021, the findings showed.
Women-led startups have outperformed the Indian startup ecosystem generally in 2022 as per the stage-by-stage breakdown.
Among the cities in India, women-led startups in Bengaluru have raised the highest funding of $11.3 billion, followed by Delhi-NCR ($5.7 billion) and Mumbai ($3.5 billion).
In 2021, five startups led by women went public, while in 2022 there was only one woman-led company that had an IPO, the report said.