Women leading 18% of 111 unicorns in India: FM

Chennai: Indian women are rising the corporate ladder as they are leading about 18 per cent of 111 unicorns (valued at $1 bn) in the startup and financial technology space, said Nirmala Sitharaman, Union Finance Minister.

Speaking at a conference organised by the Ficci-FLO Chennai Chapter in Chennai, Sitharaman said the number of women directors in active corporate companies has increased more than three times in the last decade. From 2.58 lakh in 2014, women directors rose to 8.83 lakh -- over 3.4 times higher -- in the country by August 2024.