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India ranks second after US in all-time funding for women-led tech startups: Tracxn report

Economic Times · 2m

A Tracxn report reveals that India ranks second globally after the US in funding for women-led tech startups, raising $26 billion with over 7,000 active companies. In 2021, the sector peaked with $6.3 billion raised. The retail sector leads with $7.8 billion in funding. Bengaluru tops in total funding, followed by Mumbai and Delhi NCR. Despite fluctuating unicorn creation, women entrepreneurs propel innovation in India, highlighting the need for strong support and mentorship.