Women-run startups are facing difficulty in raising funds, 6 thousand companies could not do fundraising. – StartUp News

Enfluencer Media

There are more than 8 thousand startup companies in India with women founders. According to a recent report, these companies have raised a total amount of about $ 23 billion so far.

According to Traction’s report, apart from this, there are about 6 thousand companies which have not raised any money. Of those, 590 companies have revenues of more than $30 thousand.

The share of women entrepreneurs in the Indian technology industry is currently more than 18 percent and the share of companies raising funds is more than 14 percent. Despite this, the share of funding raised by women-led startup companies in the country has increased in the last decade, accounting for more than 15 percent of the total startup funding in India from 2020 to 2022.

Also Read -  A confluence of hope and diversity will be seen in Startup Mahakumbh, 50 thousand businessmen from 23 countries can participate. - StartUp News

First Published – March 8, 2024 | 11:53 PM IST

related post


For Daily StartUp News and Influencers Success Stories, Visit Enfluencer.In. Don’t forget to bookmark and share this story.