Back
Anonymous
Hey I am on Medial • 1y
MUST READ Unicorn startups displayed a vast gender pay gap in their founder salaries with on average female founders taking home Rs 1.1 crore against Rs 8.5 crore given to their male counterparts, according to a report by PrivateCircle Research. In the fiscal year 2023, male founders earned a median salary of Rs 1.8 crore, whereas female founders earned Rs 1 crore. The absence of women directors at unicorn companies is particularly concerning in this backdrop. A March 2024 analysis by PrivateCircle revealed that 57 Indian unicorns had no women on their boards. But then they have to go back home early from work “because it’s not safe”. That’s what my 90% women friends say, then how do they expect to sit on the board seats?
Replies (8)
More like this
Recommendations from Medial
Anonymous
Hey I am on Medial • 1y
Slice CEO Rajan Bajaj received just Rs 12 in salary as losses grew nearly 60% in FY23: Report • Rajan Bajaj, the founder and CEO of fintech unicorn Slice, received a salary of just Rs 12 in FY23. • In contrast, FirstCry CEO Supam Maheshwari receive
See More
Vivek Joshi
Director & CEO @ Exc... • 2m
Women Entrepreneurs: Outperforming Despite Funding Gaps Women face significant funding disparities. Globally, women's startup rose from 6.1% (2001) to 10.4% (2023). In India, ~73,151 startups have at least one woman director. However, only 14.1% of t
See More
Ravi Ronaldo
Hey I am on Medial • 5m
Defence - Rs 4,91,732 crore Rural Development - Rs 2,66,817 crore Home Affairs - Rs 2,33,211 crore Agriculture - Rs 1,71,437 crore Education - Rs 1,28,650 crore Health - Rs 98,311 crore Urban Development - Rs 96,777 crore IT and Telecom - Rs 96,298 c
See More
Download the medial app to read full posts, comements and news.