Analysis: Venture Capitalists Don’t Seem to Care Much About India’s Woman Entrepreneurs
By Mimansa Verma
There is a stark investment imbalance between companies led by men and women in India.
In 2021, startups founded by women received only 0.3% of India’s total venture capital funding, according to data by DealStreetAsia. This is despite delivering better results than companies founded by men.
What’s worse is that women-led firms are also receiving funds—or whatever little—at lower valuations. Only 15% of Indian unicorns have at least one female founder, with Nykaa (pdf) being the only one to be solely run by a woman, according to Nikkei Asia report today (Dec. 12).
Photo courtesy of UN Women/Second Chance Education Programme.