"The whitepaper discusses the problem of gender inequity in funding outcomes for women-founded startups, both globally and in India. The research aimed to understand the gender gaps in funding outcomes among investors and identify opportunities for improvement. The study utilized data from the Tracxn database, global benchmarks, and interviews with stakeholders in the investment ecosystem. Key findings include the concentration of funding in a few sectors and cities, the growth of women-founded companies in recent years, and the lack of gender diversity in investment teams. The report also highlights case studies of organizations that practice gender-smart funding and offers recommendations for fostering gender lens investment in India. It emphasizes the need for data tracking, a change in investment processes, and the promotion of gender diversity in firms to improve funding outcomes for women entrepreneurs. The report suggests a targeted approach with a dedicated team and industry-wide engagement to create a sustainable and robust platform for gender lens investment in India."
The Aspen Network of Development Entrepreneurs (ANDE) today announced eleven winning projects to receive funds through ANDE’s Gender Equality Action Labs.
ANDE Action Labs convene members to ideate and prototype solutions to systemic challenges in the SGB sector. This group is ANDE’s inaugural laboratory for tackling constraints specific to SGBs and the intermediaries that support them in environmental industries.
Each chapter's gender equality action lab will ideate and prototype solutions to systemic gender inequities in the SGB sector. They convene regularly and will conclude with a funding challenge to scale promising solutions.