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In early 2022, Indian venture investors predicted a slowdown in deals from the previous year’s record, but few could have predicted the extent of the recession that would ultimately materialize.
The Indian VC market has clearly been less optimistic than it has been in the past few years as uncertainty continues as to how long the current market conditions will last and what the full impact on startups will be.
While both investors and entrepreneurs believe deals will continue at a slower pace this year to benefit both investors and companies, some of the most exciting opportunities are women-led companies and also stated that it was a transaction of
The main reason is that even today, women-founded companies receive far less funding than male-led startups. That’s why these companies learn to be more cash efficient. This is a skill set that more startups will need this year.
In recent years, there has been a rapid increase in the number of female entrepreneurs in India. According to a NASSCOM report, the percentage of women-led startups in India has increased from 8% in 2014 to 13% in 2019.
Also, according to IBEF, higher return potential and higher risk appetite are some of the compelling reasons to invest in women-owned businesses. According to a survey conducted by KPMG, 43% of women are willing to take more risks.
We reached out to entrepreneurs and investors to see what they can expect in the year ahead. The key points are:
Shauraya Bhutani, co-founder of Capital Connect Advisors and founder and partner of Breathe Capital
All things being equal, startups led by female founders have a clear competitive advantage. It’s no longer a subjective argument, as multiple evidence-based studies prove this: A study of 350 start-ups conducted by BCG found that women-founded businesses were less likely to be men-founded. more than twice as much per dollar invested.. These startups had more inclusive work cultures and made three times more money than male-led startups. employs women.
Smart venture capital firms are turning to data, not only to support more female founders, but to increase female representation on teams. This will ultimately lead to more female entrepreneurs raising capital in 2023 and beyond.
Getting closer – India has witnessed the transformation of most women-led startups into unicorns in 2021. Rs 30,000 crore in FY2021, part of which we hope will help women start their entrepreneurial journeys.
This dramatic change highlights the potential and determination of Indian women. In the coming decades, India is set to witness major changes, with women dominating the workforce, shaping and strengthening the future of the country.More than 30 million women-owned by 2030 of companies are estimated to provide 150-170 million jobs.
BYJU’S Co-Founder Divya Gokulnath
I have always believed that entrepreneurs must be defined by the courage of their convictions, not by their gender. Only by removing the suffixes of men and women and focusing on developing leaders can we build an equitable future. can do.
That being said, 2022 was a breakthrough year. We have seen the continued rise of women breaking down barriers across the spectrum, with Droupadi Murmu India electing its first tribal female president and the success of Falguni Nayak-led Nykaa’s IPO leading to more Paving the way for more women-led businesses to come to the fore, what better way to end 2022 than Madhabi Buch Savita Punia and Co. lifting the FIH Hockey Women’s Nations Cup in Spain There was not. These icons overcome layers of intergenerational prejudice and keep us hopeful for the future.
We look forward to many more such decisive victories for women everywhere in 2023.
Instead of waiting for women to take their seats, I want to build our own table, get rid of the world’s gender-colored spectacles, and realize that each of us is making incremental changes that will last for decades. We see women entrepreneurs leveraging technology to accelerate their personal evolution and push the boundaries of what they think is possible.
Expect more expression this year, not just on paper, but in concrete and impactful spaces. The future of women-led business is ripe for disruption.
Even if macroeconomic challenges and winter fundraising can hinder the ecosystem, the belief, passion and resilient spirit inherent in entrepreneurs help us come out stronger on the other side. .
Aakanksha Bhargava, CEO, PM Relocations Pvt Ltd
The Indian economy has been hailed as one of the fastest growing economies in the world over the past few years. This rise in economic activity is the result of the efforts of many talented business owners and entrepreneurs. The rise of the Indian economy has also been greatly aided by female business owners and entrepreneurs.
Every day we challenge preconceived notions by showcasing women’s empowerment in every industry, including technology, sports, lifestyle, entertainment and business. Women determined to prove their worth to the world will have many opportunities in 2023. The number of women entrepreneurs is increasing, positively impacting India’s social and economic demographics. Women entrepreneurs must be fully aware of their rarity and focus on developing the fundamental skills and abilities to spread their distinctive influence.
Priyanka Kanwar, Co-Founder, Falcon
2023 will be a year of great challenges and great rewards for entrepreneurs. The current economic reset provides a unique opportunity for women tech workers to assess strategies and prioritize solid business practices and innovative ideas over “grow at all costs” expansion. increase. Startups that tackle real problems will thrive the most as the market becomes more responsive, less disruptive and more meaningful progress is made.
Madhumita Agrawal, Co-founder and CEO of Oben Electric
Today we are at a very exciting stage in the country, designing, building and delivering products and services in India and beyond. Even more interesting is the women at the forefront who seem to be entrepreneurs building self-made multi-billion dollar businesses, taking risks and attracting investment despite difficult restrictions.
We strongly believe that in 2023, such women will inspire more women to follow this path and take entrepreneurship and business to a whole new level.
Shaili Chopra, Founder of Gytree.com and SheThePeople.TV
To be successful, women entrepreneurs must solve real-world problems. As I see it, women’s health will be transformed in 2023 with a platform that addresses women’s greatest needs, from menstruation to menopause. We do this not only by offering products and services, but through a differentiated approach, handholding, building trust and personalized care. In the world ahead, building a technology-driven platform is easy, but growing a community of customers is the hardest part.
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