Women founders in India have bumped into an evident discrimination in funding on their businesses when compared to male equivalents. As per the report from a universal diversity-oriented network Encubay, out of 799 deals happened between June 2023 & February 2024, only 163 deals departed to startups with women founders. Out of $6646 million total funding, women-centric ventures lifted $300 million, which covers just 4.5 percent of total funding.

In January 2024, startups with least one female secured $74 million funding. Amongst the prominent investors that have lend funds for women-established startups are She Capital, Fireside Ventures, Titan Capital, Better Capital, All In Capital, Google for startups, Mumbai Angels and  Lightbox.

In addition to this Women-founded Venture Capital funds including Seema Chaturvedi-led AWE Funds, Anisha Singh-led She Capital, Deeksha Ahuja-led Encubay Angel Network and Ankita Vashistha-led Arise StrongHer Ventures have majorly nurtured the women entrepreneurs & their startups in India.

In accordance with the Encubay’s report, Out of 146 countries, India positions 135^th place in gender parity and lesser than 3 percent of the venture capital fund goes to the female startups in the country.

Raising her voice towards the women-led ventures, Deeksha Ahuja, Founder, Encubay states, "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”.

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