Home NEWSBusiness Women led 8000 startups in India have over Rs 190335 crore in funding: Report

Women led 8000 startups in India have over Rs 190335 crore in funding: Report

by Nagoor Vali

Greater than 2,000 startups led by girls have obtained funding until now, leaving round 6,000 unfunded firms, of which 590 have income of greater than $30,000, the findings confirmed.

India is now residence to greater than 8,000 startups which have girls founders with a cumulative funding of almost $23 billion (Rs 190335 crore) until now, a report confirmed on Thursday.

Ladies entrepreneurs’ share of startups within the Indian tech trade exceeds 18 per cent, and amongst funded firms, the share is greater than 14 per cent, based on the report by Tracxn, a number one market intelligence platform.

Ladies-led startups symbolize a major 14.8 per cent share of the general Indian tech funding pie at almost $155 billion.

The Delhi-NCR area takes the lead when it comes to the variety of women-led startups shaped until now, adopted by Bengaluru and Mumbai.

Greater than 2,000 startups led by girls have obtained funding until now, leaving round 6,000 unfunded firms, of which 590 have income of greater than $30,000, the findings confirmed.

The share of funding raised by women-led startups within the nation has risen up to now decade, accounting for greater than 15 per cent of the general startup funding in India from 2020 until 2022.

The primary two months of 2024 on this house have witnessed $100 million in funding.

There are 2,300 funded women-led startups, of which 13.4 per cent have progressed to the Collection A stage and three per cent have gone on to the Collection C stage or past.

The Indian tech startup ecosystem ranks second after the US, when it comes to funding raised by firms with girls founders.

The B2C e-commerce house takes the lead with 3,434 firms, adopted by internet-first manufacturers with 1,355 firms and software-as-a-service with 1,181.

LetsVenture, Wellfound and Enterprise Catalysts are probably the most lively traders on this house, mentioned the report.

(Aside from the headline, this story has not been edited by DNA employees and is revealed from IANS)

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