Goa, known for its beautiful beaches and vibrant culture, is not only becoming a popular tourist destination but also a thriving hub for startups led by women. According to the Women in India’s Startup Ecosystem Report (WISER), Goa has experienced an impressive 33 percent growth in women-led startups, reflecting a positive shift towards more gender diversity in entrepreneurship.
The rise of women-led startups in Goa is indicative of a broader trend in the global business landscape. Between 2017 and 2021, the percentage of women-led startups in India increased to 18%, showcasing a significant increase in female representation in the startup ecosystem.
With 76 out of 225 registered startups in the state being led by women as either founders or co-founders, women are playing a crucial role in driving innovation and contributing to the economic growth of Goa. Their entrepreneurial spirit is bringing fresh perspectives and diversifying the startup landscape in the region.
The government of Goa has been actively supporting the growth of startups through a range of initiatives. The Goa Startup Yatra, Masterclasses, and Corporate Startup events are just a few examples of the state’s efforts to empower young entrepreneurs and foster self-sustaining enterprises. This support is crucial in providing the necessary infrastructure and ecosystem for startups to thrive.
Gautami Raikar, founder of Contractzy, praised the Goa government’s commitment to innovation and entrepreneurship. She highlighted how their support has been instrumental in helping startups like hers to flourish. Maria Victor, founder of Make It Happen, emphasized the community-driven approach of her venture, which focuses on preserving the cultural heritage of the state through immersive travel experiences.
As women continue to make significant contributions to the startup ecosystem in Goa, the region has the potential to become a go-to destination for aspiring entrepreneurs and investors alike. With its combination of natural beauty, cultural richness, and a supportive environment, Goa is paving the way for a more inclusive and diverse startup landscape in India.