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    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-01-07 15:08:58</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Jan 7 (KNN)&lt;/strong&gt; The Indian startup ecosystem has undergone a dramatic transformation in recent years, witnessing an unprecedented surge in womens participation.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The year 2024 marked a watershed moment as funding for female-led startups soared by 93.75 per cent, reflecting the growing confidence in women entrepreneurs.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;According to the Indian Startup Funding Report 2024 by Inc42, these startups secured USD 930 million across 136 deals, compared to USD 480 million over 118 deals in 2023.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This growth underscores a broader trend: women are not only stepping up as founders and co-founders but also attracting significant investments. The fintech sector led the charge, accounting for 28.7 per cent (USD 266.91 million) of the total funding across just 17 deals.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;E-commerce followed closely, raising USD 212 million through 53 deals (22.8 per cent of total funding), while enterprise tech secured 14 per cent (USD 130 million).&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Health tech and cleantech also made notable contributions, garnering 11 per cent (USD 102.3 million) and 14.1 per cent (USD 130.93 million) of the funds, respectively.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The rise of women-led startups reflects a cultural and economic shift in India, where investors increasingly recognize the value and impact of gender-diverse leadership.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Beyond the funding surge, 2024 also witnessed a boost in public confidence as 13 new-age companies launched their initial public offerings (IPOs), collectively raising over Rs 29,247 crore.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;These startups raised Rs 14,672 crore through fresh issues and an additional Rs 14,574 crore via offers for sale (OFS).&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Among the notable IPOs were established names like Swiggy, Ola Electric, and FirstCry, alongside emerging players such as TAC Security, Unicommerce, and Menhood.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Ten of these were mainboard IPOs, while three catered to the SME segment. This success highlights the maturity of Indias startup ecosystem and its readiness to embrace market opportunities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The flourishing of women entrepreneurs and successful IPOs underline a transformative year for Indian startups, setting the stage for sustained growth and innovation.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With increasing gender diversity and robust funding, the ecosystem is poised for a brighter, more inclusive future.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>40542</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/fintech-and-e-commerce-dominate-as-women-led-startups-secure-930-mn-in-2024</link>
    <pubDate>2025-01-07 15:08:58</pubDate>
    <source>knnindia.co.in</source>
    <title>Fintech and E Commerce Dominate as Women Led Startups Secure $930 Mn in 2024</title>
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