The number of women-led MSMEs in India has jumped from 2.15 lakh to 1.23 crore in just a decade. However, they face a finance gap of $158 billion and largely rely on informal sources, said a survey by Indifi Technologies, a lending platform for MSMEs, titled ‘Understanding what women-led MSMEs want’.
The survey was launched to understand needs and challenges of women-led businesses and enable greater inclusivity in the lending space for them to flourish and scale.
The survey that received participation from over 250 women entrepreneurs discovered that securing capital remains the biggest challenge that they face in terms