Women-Led Startups Nosedive From 183 (2014) To 7 (2023)

Tracxn has interesting set of data on 'Women-Led Startups'

FinTech BizNews Service   

Mumbai, November 18, 2023: Tracxn, one of the world’s largest platforms for tracking startups and private companies, has interesting set of data on ‘Women-Led Startups’ in light of the upcoming Women Entrepreneurship Day on the 19th of November. The data provides a comprehensive overview of the trends in startups led by women over the last decade, highlighting the funding patterns across cities and the number of businesses led by women.

Insights From The Data:

• Number in women-led startups has decreased from 183 startups in 2014 to a mere 7 in the year 2023. 
• The funding landscape for women-led companies showed a significant surge in the number of rounds, rising from 171 in 2014 to 460 in 2022. However, there was a sharp decline in 2023, with the number of rounds dropping to 185.
• Data suggests that Bangalore hosts a significant 1783 women-led startups, in stark contrast to Ahmedabad, which has a total of 181 women-led startups. 

Tracxn is among the leading global market intelligence providers for private company data and rank among the top five players globally [in terms of number of companies profiled] offering data of private market companies across sectors and geographies. It has one of the largest global coverage of private companies in emerging technology sectors including IoT, artificial intelligence, virtual reality, robotics, blockchain and electric vehicles.

It has an asset light business model and operate a Software as a Service (“SaaS”)-based platform, Tracxn, that scanned over 550M+ web domains and profiled over 1.4M+ entities through 1,800+ feeds categorized across industry, sectors, sub-sectors, geographies, affiliations and networks globally.