Breaking Biases Against Entrepreneurial Women
An August 2019 report of the International Finance Corporation highlighted that globally, India ranks third among countries reporting gender gaps in business. For instance, only 33 per cent of the early-stage entrepreneurs in India are women. India also ranks 70th among 77 countries covered in the Female Entrepreneurship Index, as per a November 2020 report. Female entrepreneurship is particularly critical for India because it catalyses women’s participation in the labour force, at a time when India’s Female Labour Force Participation Rate is at a historic low, having fallen to 17.5% in 2017-18. Only 7% of working-age women in India have paid jobs currently, as per a recent report in The Economist.
Sukriti Gupta, Founder, Sipping Thoughts LIV; Bhuvana Ravi, Director, Drishya Education Scholarship Foundation; Ananta Raghuvanshi, Founder President-Elect, Naredco Mahi; Paulomi Dhawan, Strategic Advisor on perception image management, media, marketing, brand communications and Dhruv Nath, Director - Lead Angels Network Earlier Senior Vice President, NIIT, and Professor, MDI, Gurgaon, Co-Author, "Funding Your Start-up: And Other Nightmares" examine issues due to which the entrepreneurial space has always tilted towards men. They also discuss biases when it comes to funding women-led ventures as investors usually want to take risks on people from good backgrounds and institutes and, most importantly, the fabric of the society that it is men who have to earn.
Watch them dwell deep on these aspects in this video below as they share their entrepreneurial journeys.
