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
Denne historien er fra August 26, 2023-utgaven av BW Businessworld.
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Denne historien er fra August 26, 2023-utgaven av BW Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A WAVE OF PARIVARTAN
KAIZAD M. BHARUCHA on HDFC Bank's flagship CSR programme Parivartan ('Change' in Hindi), and how it has made a profound impact on the lives of over 10 crore people, embodying progress and positive transformation
An Ace In All Regards
The Sonos Ace offers an interesting proposition by clubbing peak design, respectable ANC and a decent battery life
For the love of Street Food
Feel like eating something different? How about a Slow-Cooked Grilled Belgium Pork Leg? The dish is inspired by the festive streets of Italy, Germany, and Austria, where pork takes centre stage during the winter. Cooked to perfection over 24 hours, it pairs tender pork with a sweet and spicy apple purée, salsa macha, and crunchy pork floss.
India's Most Influential Marketing Leaders
The BW Top 100 Marketers 2024 sees significant representation from sectors such as FMCG, BFSI, auto and tech as the likes of healthcare register growth; women leaders account for over 27 per cent of the list
HERALDING THE ERA OF PRIVATE
Broadcom CEO & President Hock Tan asserts that the future of enterprise IT lies in private cloud solutions
Sustainable M&A Through Double Materiality
IN THE HIGH-STAKES WORLD of mergers and acquisitions (M&A), the focus has long been on traditional synergy metrics.
Lenovo's Puducherry Tryst...Now With An AI Twist
Lenovo's APAC and India leadership, including AMAR BABU, President, Lenovo APAC, AMIT LUTHRA, Managing Director, Lenovo ISG India and SUMIR BHATIA, President, Lenovo ISG Group - APAC, spoke with BW Businessworld's Rohit Chintapali on the company's new manufacturing capabilities based out of Puducherry facility that will now involve AI servers and high-end GPU units.Excerpts
40 Under 40 - Making A Mark
Hive Minds partners with clients across various sectors to deliver strategies focused on growth, creativity and client satisfaction
40 Under 40 - Leading The Charge
Visaka's Vamsi Krishna Gaddam advocates for ecoconscious business practices, driving innovations in building materials, electric mobility, solar energy and more
40 Under 40 - Judicial Efficiency
Adalat AI leverages tech to minimise case backlogs and enhance judicial efficiency, with ambitious plans for expansion across additional courts in India