SME Times is powered by   
Search News
Just in:   • TN yarn manufacturers form association to revive struggling sector amid rising costs  • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour 
Last updated: 19 Nov, 2023  

startup.9.thmb.jpg Just 7 women-led startups in India receive funding this year

startup.9.jpg
   Top Stories
» TN yarn manufacturers form association to revive struggling sector amid rising costs
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
IANS | 19 Nov, 2023
Funding in women-led startups in India decreased from 183 startups in 2014 to a mere 7 this year to date, according to a new report.

The funding landscape for women-led companies showed a significant surge in the number of rounds, rising from 171 in 2014 to 460 in 2022.

However, there was a sharp decline in 2023, with the number of rounds dropping to 185, according to a report from leading market intelligence platform Tracxn.

Zomato, Byju’s Lenskart and Zerodha are among India's top 10 women-led startups.

Data suggests that Bengaluru hosts a significant 1783 women-led startups, in stark contrast to Ahmedabad, which has a total of 181 women-led startups.

Meanwhile, India saw a third consecutive drop in tech funding in a quarter this year, with the July-September period (Q3) becoming the least-funded quarter in the last five years.

Q3 2023 saw a significant drop in funding, with a total of $1.5 billion raised, marking a 29 per cent decrease from the previous quarter and a staggering 54 per cent decline compared to Q3 2022, according to Tracxn.

Late-stage rounds witnessed a 33 per cent reduction, while early-stage and seed-stage funding plummeted by 74 per cent and 75 per cent, respectively, compared to the same quarter last year.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter