India Breaking Buzz
Buisness

8000 Indian firms run by women have raised more than Rs 190335 crore in funding: Report

<p>According to a research released on Thursday, there are already over 8,000 businesses in India led by women, and they have received capital totaling around $23 billion (Rs 190335 crore) to far.</p>
<p><img decoding=”async” class=”alignnone wp-image-486594″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-8000-indian-firms-run-by-women-have-raised-more-than-rs-190335-crore-in-funding-re-750×519.jpeg” alt=”theindiaprint.com 8000 indian firms run by women have raised more than rs 190335 crore in funding re” width=”996″ height=”690″ title=”8000 Indian firms run by women have raised more than Rs 190335 crore in funding: Report 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-8000-indian-firms-run-by-women-have-raised-more-than-rs-190335-crore-in-funding-re-750×519.jpeg 750w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-8000-indian-firms-run-by-women-have-raised-more-than-rs-190335-crore-in-funding-re-1024×708.jpeg 1024w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-8000-indian-firms-run-by-women-have-raised-more-than-rs-190335-crore-in-funding-re-768×531.jpeg 768w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-8000-indian-firms-run-by-women-have-raised-more-than-rs-190335-crore-in-funding-re.jpeg 1028w” sizes=”(max-width: 996px) 100vw, 996px” /></p>
<p>In the Indian IT sector, the proportion of female entrepreneurs in startups surpasses 18%, and among financed firms, it stands at over 14%, according a research by prominent market information platform Tracxn.</p>
<p>At over $155 billion, women-led businesses account for a substantial 14.8% of all Indian tech financing.</p>
<p>When it comes to the number of women-led businesses that have been founded so far, the Delhi-NCR area leads, followed by Bengaluru and Mumbai.</p>
<p>According to the data, over 2,000 female-led firms have gotten finance to far, leaving almost 6,000 unfunded businesses, 590 of which generate more than $30,000 in revenue annually.</p>
<p>Over the course of the last ten years, the amount of money raised by female-led businesses in the nation has increased, making up over 15% of total startup investment in India from 2020 to 2022.</p>
<p>In this field, $100 million in financing has been provided in the first two months of 2024.</p>
<p>Out of the 2,300 women-led firms that have received funding, 13.4% have advanced to the Series A stage, and 3% have reached the Series C level or above.</p>
<p>In terms of the amount of capital raised by businesses with female founders, the Indian digital startup scene comes in second place to the US market.</p>
<p>With 3,434 businesses, the B2C e-commerce market leads, followed by software-as-a-service (1,181) and internet-first brands (1,355).</p>
<p>According to the research, the most active investors in this field are LetsVenture, Wellfound, and Venture Catalysts.</p>

Related posts

Fuel Credit Cards’ Advantages: From Free Petrol to Cashbacks

Income Tax Payment Feature Is Now Available On PhonePe’s App; Details Here

Apple iPhone 15 Pro Will Have 8GB RAM And 128GB Storage, Per Report

Missed mutual fund SIP? Here’s an investing SOS. Reading Requirement for What Happens Next

Purchasing Luxury Real Estate In India? Before sealing the deal, review the Top 5 Must-Know Expert Advice

Naresh Goyal, the founder of Jet Airways, was given a 14-day judicial hold in a bank fraud case