THE LACK OF WOMEN’S participation in the startup ecosystem has been a persistent issue, mirroring the challenges faced in other industries. In India’s startup landscape, only 18 per cent of companies have female founders or co-founders, as per a Nasscom report. Several factors contribute to this disparity, including limited access to capital, a lack of role models, and prevailing gender stereotypes. However, proactive measures can encourage more women to embrace entrepreneurship.
Addressing the gender gap requires increasing access to capital for women-led startups, creating platforms for networking with fellow entrepreneurs, and challenging societal stereotypes. By providing financial support and mentorship, women can overcome barriers and gain the confidence to launch and grow their businesses.
Recent years have seen some progress in bolstering women’s participation in the startup world. Reports indicate a rising interest in entrepreneurship among women, reflecting a positive trend. To celebrate the achievements of women entrepreneurs who have successfully established businesses and inspired others, BW Disrupt in association with BW Businessworld hosted the fifth edition of the Women Entrepreneurship Summit and Awards (WESA) 2023.
Despite the progress made, a lot remains to be done to achieve a truly inclusive and equitable startup ecosystem. Encouraging women to embrace entrepreneurship not only contributes to their individual success but also fosters innovation and economic growth for the nation. Empowering women entrepreneurs is a crucial step towards building a stronger, more dynamic startup ecosystem in India.
The Initiative
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
