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Over half of Indian businesswomen rely on personal savings to fund business

Apart from personal savings, 25 per cent of women turn to their families, including spouses and other family members, for financial support. This is especially common in industries that require higher capital investments

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Image for representational purpose only. Photo Courtesy: istock

Image for representational purpose only. Photo Courtesy: istock

More than half of India's small business owners that are females are using their personal savings to fuel their businesses, highlighting their financial independence and self-reliance, according to a recent survey conducted by NeoINSIGHTS.

The survey, which covered over 3,000 women business owners across 20 cities, sheds light on the financial strategies, challenges, and support systems that shape their entrepreneurial journeys.

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