Running a business is a challenge and a graver one for women. Despite their qualifications, expertise, and best efforts, women entrepreneurs struggle to expand their businesses and gain recognition as business owners more than their male counterparts. This is due to various reasons, as discussed in this article.
According to a World Bank Report, only 7% of entrepreneurs in India are women, and most started a business out of obligation rather than aspiration.
Despite immense support and opportunities, why does the Indian market have a massive gender gap of over 70%? Let's look at the most common problems of women entrepreneurs.
Female entrepreneurs face various challenges in India that are unique to their gender. These are the most common challenges faced by women entrepreneurs while setting up and running a business in India:
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