Female founders in India face funding biases, receive $300 million in nine-month: Report
Edtech firms bet on upskilling, higher education amid funding gloom In January this year, ventures with at least one female founder raised $74 million- 16% of the $461.7 million. Indian women excel in punctual loan repayments compared to men, shows study Fireside Ventures, Titan Capital, Rainmatter Capital, She Capital, Better Capital, Stride Ventures, Whiteboard Capital, Google for startups, Mumbai Angels, Lightbox, and All In Capital are among the leading investors that have funded women-founded ventures.
Besides VC funds such as Seema Chaturvedi's AWE Funds, Anisha Singh's She Capital, Vani Kola-led Kalaari Capital, Deeksha Ahuja's Encubay Angel Network, and Ankita Vashistha's Arise StrongHer Ventures have supported women entrepreneurs in the country. 86% of working women eager to improve financial knowledge, survey reveals "There is a significant increase in the number of female-led and co-led companies looking to raise capital and are building disruptive, investment-able, and impact-focused businesses.
Hence it’s now important to ensure that an equitable amount of funding goes to these startups; money is mandatory for ventures to grow," Deeksha Ahuja, Founder of Encubay told Mint. According to the Encubay report, India ranks 135 in gender parity out of the 146 countries.
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