18% Of Indian Start-Ups Are Women-Led: Report

A recent report on India's tech startups revealed that 18 percent of the start-ups are led by at least one woman founder or co-founder.

The report by the National Association of Software and Services Companies (NASSCOM) in collaboration with Zinnov also revealed that 25,000 to 27,000 start-ups were produced in the last decade.

The report focuses on trends that shaped the Indian tech start-up ecosystem in 2022 and analyse the data.

The report also found that between 2019 and 2022, 17 percent of investment deals in India were raised by start-ups with women leaders. The data indicated the rise of women leaders in India's start-up ecosystem.

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Indian Start-Ups Women-Led

The Zinnov- NASSCOM India Tech Start-Up Landscape Report of 2022 read, "The percentage share of women-founded start-ups across stages of grown is in line with their participation in the ecosystem, indicating equal odds of success compared to their male counterparts".

As per the report, the percentage of start-ups established in emerging locations rose from 34 percent in 2021 to 39 percent in 2022.

Currently, India takes the third sport in the international start-up sector, with at least 25,000 to 27,000 active tech start-ups. The United States of America takes the top spot in the list with China following behind in the second position.

Last year, India saw the addition of nearly 1,300 fresh start-ups and the report highlighted that Indian start-ups doubled down on operational efficiency.

Compared to 2021, there was an 18 percent spike in the number of start-ups that received funding.

Women And Finance

In October 2022, President Droupadi Murmu inaugrated the platform 'herSTART'. The platform aims to encourage female entrepreneurs. The Indian government also introduced a monthly allowance of 20,000 rupees for up to one year for women-led start-ups.

On February 1, 2023, Finance Minister Nirmala Sitharaman presented the Union Budget and announced a new deposit scheme for women. Mahila Samman Savings Certificate is a one-time small savings scheme for women which will be made available for a two-year period up to March 2025.

Mahila Samman Savings Certificate offers a deposit facility of up to 2 lakh rupees at a fixed interest rate of 7.5 percent. The scheme has an option for partial withdrawal.