India has low representation of women in leadership positions in the workforce but more women are seeking entrepreneurial opportunities compared to men, according to a report.
The conclusion is part of a report based on an analysis of anonymised and aggregated profile information of users on professional networking site LinkedIn, which has around 88 million users in India and 830 million users worldwide. According to LinkedIn data, the share of women founders grew 2.68 times between 2016 and 2021.
In comparison, the share of men founders grew by only 1.79 times during the same period. The figures are in terms of founders of startups.
The report, prepared by LinkedIn, said the growth rate of women entrepreneurship was at its highest in 2020 and 2021.
The representation of women in leadership roles in the workforce is around 18 per cent, as per the report.
LinkedIn's Senior Director of India Talent and Learning Solutions Ruchee Anand said the new data is indicative of one thing that working women in India are being held back by more barriers in the workplace when compared to men.