Women founders receive just Rs 4 for every Rs 100 raised by men: Kalaari CXXO Report
2 min
June 16, 2026

India’s startup ecosystem has created remarkable wealth, yet for every ₹100 raised by male founders from elite networks, women receive just ₹4.
This isn’t a pipeline problem. Girls in STEM have grown 1.7x in a decade, JEE registrations by women have doubled, and female STEM graduates are at record highs. The real bottleneck is in funding rooms and alumni networks that favour familiarity over potential.
With women-led MSMEs facing a $158 billion credit gap, this isn’t just an equity issue — it’s a market failure demanding deliberate intervention.
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