One of the biggest reasons for the gender gap in venture funding is that there are fewer women founders to begin with, said Pallavi Shrivastava, co-founder of Progcap, a supply-chain financing startup.
“Even though these numbers are improving and female-led founding teams are seeing an improvement in funding, there is still a long way to go. According to a 2022 NASSCOM report, 18% of startups in India are led by at least one female founder,” said Shrivastava in an interview for DealStreetAsia’s latest report on the gender funding gap in India.
