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Anonymous

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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?

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