Year 2024 witnessed a notable shift for women entrepreneurs in India as funding for women-led startups surged to $930 million. It was up by 93.75% as the figure in 2023 was $480 million. It was a remarkable growth and witnessed that women are stepping into the startup world and also are making a strong impact as founders and also as leaders of innovative ventures.
Sectors like fintech, e-commerce and enterprise tech led the way in the transformation. Fintech startups led by women raised $266.91 million and it was up by 28.7% of the total funding equipped with just 17 deals. E-commerce followed with $212 million across 53 deals and enterprise tech secured $130 million.
It is not just about the money, but it is also about the growing confidence in women-led ventures. Investors have lately realized that the potential of women founders can bring fresh ideas as well as unique perspectives.
The momentum of women-led startups is not just limited to funding, but there is something more. Meanwhile, a total of 13 startups launched their IPOs last year and raised more than ₹29,200 crore. Companies like Swiggy, MobiKwik and Ola Electric stood out among them.
However, it is just the beginning of something revolutionary. A $930 million is a milestone and it is still a fraction of the total funding startups received in India.
The rise of women entrepreneurs in India is highly inspiring, but it is simultaneously also a reminder of the work that is to be done. It is not just about breaking barriers, but it is about building a system where women founders are the norm. One can only hope that the next milestone is not far away with the kind of growth.
