A recent report on India's tech startups revealed that 18 percent of the start-ups are led by at least one woman founder or co-founder. The report by National Association of Software and Services Companies (Nasscom), in collaboration with Zinnov, said that at least 36 unicorns and potential unicorns in India have at least one woman founder or co-founder.
The report titled Zinnov-Nasscom India tech start-up landscape report 2022 reflects on the rising presence of women in the Indian start-up ecosystem. According to the report, 17 per cent of all Investment deals between 2019 to 2022 were raised by women-led start-ups in India. “The percentage share of women-founded start-ups across stages of growth is in line with their participation in the ecosystem - indicating equal odds of success compared to their male counterparts. Thus, providing evidence of the women's intent and capability to play a role in the nation's economic growth and the crucial need for accelerating DE&I initiatives, " the report read.
39 per cent of Indian start-ups in 2022, were founded in emerging locations. In 2021, this figure stood at 34 per cent 2021. With 25,000-27,000 active tech startups, India remains to be the third largest tech start-up ecosystem globally after US and China. In 2022, India saw the addition of nearly 1,300 fresh startups and the second-highest number of unicorns in the world.