After the fundraising winter of 2023, will women entrepreneurs earn more?

There has been a surge in the number of female entrepreneurs in recent years, which is having a positive impact on India’s social and economic demographics. Women naturally tend to like multitasking, and there are many successful examples of using this skill in the workplace. From 2014 to her 2019, the percentage of women leading startups increased from her 8% to 13%, according to a NASSCOM report. Yet another report by the Boston Consulting Group found that start-ups founded or co-founded by women, along with the fact that they employ more women than men, over five years she generated 10% more cumulative revenue. became clear.

But what does the future of women-led businesses look like in 2023, just after witnessing a brutal fundraising winter?

“Given the rising numbers, women-owned startups are poised to raise even more money and grow in 2023. Houses should focus their attention on developing the core competencies and abilities they need to complete, increasing rarity and having a unique impact on the masses,” says Antano, co-creator of Excellence Installations Technology. & Harini, Harini Ramachandran, co-founder of Legacy Accelerators.

Ramachandran believes that aspiring female entrepreneurs need to prepare in advance to make big strides and accelerate their impact amid heightened risks. In 2023, women entrepreneurs are harnessing the power of technology like the best installations to accelerate personal evolution, become bolder and more capable, and push the boundaries of what they think is possible, she says. is watching

“India has witnessed tremendous progress in business and the economy as countless female entrepreneurs have broken the glass ceiling, but the battle to be treated equally with male entrepreneurs is still over. No. The majority of female entrepreneurs still face a situation where leadership is not recognized, as many funding programs and initiatives require masculine benchmarks to be met. Companies are marginalized and have fewer opportunities. The result of such lopsided mentorship benefits male-owned companies that already enjoy substantial profits. There is a movement to promote businesses in the United States, and there is growing acceptance of such businesses,” said Sujata Pawar, co-founder and CEO of Avni, a women’s hygiene and menstrual healthcare startup. said like this. We.

From an investment perspective, Pawar believes the outlook for startups in 2023 is bleak, regardless of the founder’s gender. Venture capitalists will be cautious early on and bargain hard on valuations until the fundraising storm has passed. Potential early-stage startups will benefit significantly compared to growth-stage competitors who have to contend with breadcrumbs. Given structural gender bias, female-led startups will find it even harder to find enough sunshine and warmth in this fundraising winter.

“For women entrepreneurs to break down the barriers of gender inequality, we need to change the worldviews and behaviors of all participants (men and women). Incubation Center to establish a women-focused fund. Importantly, women entrepreneurs need to think broader and demand more.