According to a recent report, in 2016, only 15 percent were led by women entrepreneurs. While we see more and more women founding companies and leading them as CEO’s, there’s still a long way to go for gender parity in business.
Last year, approximately 1,020 companies secured seed funding in India. However, only 15 percent of these companies had a female CEO/founder/cofounder as per the in-depth research by iScribblers. The research was conducted to find where these female-founded companies are located, who are they and what do they do.
Unsurprisingly, only 156 companies had either a female founder, co-founder or CEO. A majority of them are in Delhi. The other cities where you can find these women-led companies are Bangalore, Mumbai, Hyderabad and Chennai. What do these companies do?
Turns out, 35 percent of the female-led companies are into e-commerce. The other popular industries are lifestyle/wellness, fashion, healthcare and food and beverages.
To know more about the women-led companies that got funded, check out this infographic.
(Disclaimer: This is a guest post submitted on Techstory by Priyanka Desai of iScribblers. All the contents and images in the article have been provided to Techstory by the authors of the article. Techstory is not responsible or liable for any content in this article.)