Women in India prefer Bangalore over the National Capital Region to do business from, said the study by Women’s Web, an online magazine for Indian women.
- 57 percent of all women entrepreneurs had started their businesses alone, while 35 percent had a co-founder and just eight percent were part of teams that involved more than two co-founders, the study said.
- Six out of 10 women entrepreneurs started their business with a capital of under INR1,00,000. Personal funds and savings were used to start the business in a majority of cases.
- The majority of women-owned businesses are micro-enterprises or small/mid-sized businesses, with 73 percent reporting a revenue of under INR 10 lakh in the 2011-12 financial year.
For this study, the magazine received responses from 114 women entreprenuers from across the country.
You can find the entire study here