What women need is to see women succeed

Societal change, having and celebrating role models and easier access to capital are some of the key factors that need to be addressed in order to make it easier for more women to take to entrepreneurship. Speaking at a panel discussion at the Bengaluru Tech Summit, Vineeta Singh, CEO, Sugar Cosmetics said that more than providing skills and training programmes, what women needed to see is more women succeeding and their success being celebrated to inspire others.

Last week, Falguni Nayar led Nykaa listed on the stock market, making her the first women founder of an Indian unicorn. While commendable, this itself shows the gender gap that exists with India likely to close the year with about 70 unicorns, of which 40% have come in the past year.