Do startups led by women find it difficult to get funding?

From e-commerce to financial services, women entrepreneurs are changing the narrative in the Indian startup ecosystem slowly, but surely. They may be underrepresented in the sector, but women are building some incredible startups and products. Two years ago, women constituted only 10% of the total number of entrepreneurs in the country. Now, women run about 14% of business organizations in India, according to the National Sample Survey Organizations.

Debate Closed.

74%
Yes
26%
No

Your Views

All Yes No Moderator
Moderator

As per the sixth economic census by National Sample Survey Organisation (NSSO), women run 14% of Indian businesses. As many as 79% of enterprises run by women are self-financed, only 4.4% have borrowed money from a financial institution or received assistance from the government. Why do start-ups led by women in India finding it difficult to get funding? Comment with #FundingBias #ETWomensForum

Prakirti
Yes

Yes, especially in India, as I want to start an online web design course in Bangalore but just because lack of funding I am not able to hire other people, which is delaying my work.

Prakirti
Yes

Yes, especially in India, as I want to start an online web design course in Bangalore but just because lack of funding I am not able to hire other people, which is delaying my work.

Yes

It starts right from home.. Male child is being more supported financially if he wants to venture into a business than a female.. Provide the bias at the grass root level itself, this society poses serious challenges for a women to get funding for her startup which made her to give a second thought about her potential and capability

Yes

Maybe we have to look at the bigger picture to realize the true scale of the discrimination women face.

Yes

This might be due to a lack of network or due to the lack of knowledge on how to build one and even get started. However women have not yet transcended the so-called gender disadvantage. Certain rhetoric and tactics cannot (in a patriarchal world) be used successfully by women.

No

If we are to actually settle this debate all we need is some good data. With some work you guys at ET can get that. Go to all these VC firms and get the % funded firms out of the pitched ones for both male and female founder driven companies. I don't see why even need a subjective debate here!

Yes

Out of the 58.5 million businesses in India, only 8.05 million are run by women. This is as per the Sixth Economic Census by the National Sample Survey Organisation (NSSO). Obviously women entrepreneurs are not given the required support

Yes

Women face greater obstacles than men when starting and growing businesses, especially when it comes to receiving angel and venture capital. Though it might be unintentional, men fund people who look and sound just like them, and the consequences are just as harmful as if there was malicious aforethought", says Geri Stengel, author of "Forget the Glass Ceiling: Build Your Business Without One"

No

According to me for funding n women entrepreneur one basic things is that ur IDEA. If ur Ideas are innovative, creative than everyone invest in ur business. ur Passion to run a business is important. Rest will follow..

Yes

I think Women are no less than Men. Women are equal to men for sure! The mentality of our Society is Narrow minded that a women can’t get success but i think that women can be more successful than Men & can turn into a successful entrepreneur!

Yes

Because Our Society Is Such A Cheap Minded That They Think, Big Business Are Made For Men & Women Can't Handle A Big Business.. So There Is Always Gender Biasness In Giving A Lady Funding Ps. HOPE WE ALL CAN CHANGE IT & MAKE OUR SOCIETY A GENDER EQUALITY SOCIETY.

Yes

This may mean slow growth initially but if there is potential in a new venture I do not see why as a woman I will not move mountains to show the same to investors. But yes I should be prepared to face biases and fight them. #FundingBias #ETWomensForum

Yes

I think it depends on the idea. Usually women do have to brace up for other hurdles. Some people but not all may think women turn entrepreneurs only to pass time but this is a perception problem women can challenge byholding out,keeping their work going with perseverance

Yes

No personal experience, but a friend once shared how she was asked if she'll be able to run a business and earn the investor any profit given that she has two little children to look after.

Yes

The issues are many folds, if I can highlight the most crucial ones, 1. Social stigmas (not been taken seriously is one out of many) 2. Family & Peer pressure 3. Mental blocks (e.g. if you are a mother how will you grow a company, are you strong enough to lead a security business

Yes

Funding and right mentoring is still a problem. Support system should be robust. Look at the plight of Mahila e haat website and effectiveness. We have got long way to go.

Yes

Yes , we have struggle a lot for funding of our start-up

Yes

Yes indeed .. it's about the support and not about the funds. Most people have made up their minds about how most women won't be able to commit 100% to the start up, knowing that she has dual responsibilities .