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Breaking the bro code: Women in the Indian startup ecosystem call for accountability and change at the ET Soonicorns Summit 2024

Economic TimesEconomic Times · 26d
Breaking the bro code: Women in the Indian startup ecosystem call for accountability and change at the ET Soonicorns Summit 2024

- Globally, only about 2.3% of women-led startups secure funding, a figure that remains unchanged in India at just 2%. - Women founders face challenges due to the "bro culture" that still dominates the funding landscape. - Unconscious biases play a role in perceiving women founders as riskier investments. - Women entrepreneurs struggle to communicate the transformative potential of their products to male investors. - Solo women founders often face skepticism about their ability to lead teams and manage businesses without a co-founder. - Bridging the gender funding gap will require increased transparency, accountability, and efforts from all stakeholders involved in the startup ecosystem.

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