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Women Finding Their Voice in Startup World

March 08, 2025

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Financial Express Pune

Out of the 118 unicorns, 22 have women founders: Tracxn report

- S SHANTHI

DESPITE PERSISTENT CHALLENGES, women-led startups in the country are making notable progress in terms of funding, unicorn creation, and global positioning. Women entrepreneurs FE spoke to said that the startup ecosystem hasn't been discriminatory as investors, accelerators, and mentors have recognised the need for equitable opportunities.

Consider the numbers: As on date, out of 118 startups in the country with a unicorn status, 22 have women founders, according to Tracxn data. In other words, women are powering one-fourth unicorns. Back in 2020, there were around 21 unicorns, of which 4 were unicorns. This means back then also 19% unicorns were founded by women entrepreneurs.

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