Bengaluru, March 7
The Indian tech startup ecosystem now ranks second, after the US, in terms of all-time funding raised by companies with women founders, with a total of $26 billion in this space to date, a report showed on Friday.
India is home to over 7,000 active women-led startups, accounting for 7.5 per cent of all active startups in the country.
These startups have collectively raised $26.4 billion in funding, with 2021 being the highest funded year at $6.3 billion, according to data by Tracxn, a leading startup research and analytics firm.
Bengaluru leads in both the number of women-led startups and total funding raised to date, followed by Mumbai and Delhi-NCR.
On a global scale, 2022 saw the highest funding contribution from Indian startups at 15.18%. That year, women-led startups in India raised $5 billion, compared to $32.8 billion globally.
In 2024, India ranked third globally in terms of funding raised by startups co-led by women, after the US and the UK, accounting for 3.96 per cent of funding raised by women-led startups across the globe.
The retail sector takes a strong lead based on investments raised by women-led startups, securing $7.8 billion in all-time funding. Edtech ($5.4 billion) and Enterprise Applications ($5 billion) follow closely.
Notably, sub-sectors such as B2C e-commerce, internet-first brands, and fashion tech are seeing significant activity, with several startups co-led by women, the report noted.