LinkedIn data shows more Indian women entrepreneurs than men since 2016

LinkedIn data has revealed that Indian women seek more entrepreneurship opportunities than men. LinkedIn published its data in the World Economic Forum’s 2022 Global Gender Gap Report showing a significant growth rate of women entrepreneurship since 2016.

In its research, LinkedIn found the share of women founders grew by 2.68 times compared to 1.79 times men between 2016 and 2021. Interestingly, the growth rate of female entrepreneurship was the highest during the pandemic in 2020 and 2021.

“Our new data is indicative of one thing: working women in India are being held back by more barriers in the workplace when compared to men. But despite the adversity, many women remain undeterred and continue to chart their own path by pivoting to entrepreneurship and building careers that allow them to work on their own terms with greater flexibility,” said Ruchee Anand, Senior Director, India Talent & Learning Solutions at LinkedIn, in a statement.

“We saw this especially in the years of the pandemic (2020 and 2021), when women sheltered from a shrinking job market by starting their own businesses that also created opportunities for other women,” Ruchee Anand added.

Rise in female representation in leadership roles

Even though there is only an 18% female representation in leadership roles in India, data showed that the share of female hiring in leadership roles has risen from 18% in 2015 to 24% in 2021.

“As employers navigate this challenge of making work ‘work’ for women, they must remember that factors like internal mobility, fair hiring practices with a focus on skills, and flexibility are going to prove key in not just levelling the playing field for women, but also improving efficiency through balanced representation, diversity of perspectives and inclusive leadership at the workplace,” Anand said.

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