According to a joint research released on Tuesday, women established or co-founded 18% of India’s unicorn startups, and 20 other firms are in the pipeline to become unicorns.
According to a study performed by TiE Delhi NCR, research firm Zinnov, Google, NetApp, and venture capital firm Indian Angel Network, despite comparable metrics, success, and high entrepreneurial intent, socio-cultural impediments impede the growth of female founders.
“Approximately 18% of India’s total unicorns are established by women, with 20 Prospective Unicorns in the pipeline,” according to the research.
WinZO, Doubtnut, Infinity Learn, Locus, Pratilipi, Portea, SirionLabs, and other firms are in the process of becoming unicorns. Women founded or co-founded unicorn start-ups such as acko, BYJU’s Pristyn Care, MyGlamm, MobiKwik, Open, and others.
The entire valuation of unicorns founded by women entrepreneurs exceeds USD 30 billion, and their total equity investments exceed USD 12 billion.
Yet, the survey discovered a significant gender difference in the Indian start-up environment.
“Disparity in ticket size forced women entrepreneurs to face an investment loss of almost USD 3.7 billion over the last three years,” according to the study.
According to the study, from the standpoint of an investor, women founders appear to be more cautious than their male counterparts, which lowers transaction size proposals to them.
“Women founders face more scrutiny on their commitment than their male colleagues, making negotiations more difficult from their perspective,” according to the study.
According to the report, 45% of female entrepreneurs are married and balance business and family roles.
According to a new survey, 57% of women who exhibited an interest in entrepreneurship were between the ages of 26 and 35, while 27% were between the ages of 36 and 45. The bulk of these women were educated, with 60% holding a graduate degree or higher.
According to a Franchise India poll, three out of every ten women in India desire to be entrepreneurs. The report highlights rising chances to establish firms, low-cost franchise choices, and increased interest in tier 2 and tier 3 cities as important factors driving this trend.
According to the poll, 45% of female entrepreneurs are married and managing family duties with their company operations.
A sample of 500 women participated in the study, which was done in significant cities including Delhi, Gurugram, Bhopal, Ludhiana, Lucknow, Guwahati, Bengaluru, Goa, Jaipur, and Pune. The findings point to an increasing trend in the franchise industry, with more women wanting to start their own firms.
“The franchise market is undergoing phenomenal growth in India, and women entrepreneurs are playing a crucial role in this expansion. More women are taking the plunge and launching their own enterprises, which is a good indicator for the economy “Gaurav Marya, the chairman of Franchise India, stated.
According to the survey, with various low-cost franchise choices on the market, starting a business has become more accessible and attainable for women.
“The market’s low-cost franchise choices have made it easier for women to start their own firms. This is an excellent chance for women who want to be their own boss and establish a name for themselves in business “Marya elaborated.
According to the poll, the majority of female entrepreneurs are focusing on the service and retail sectors, with education, beauty, and healthcare being the most popular choices.
