80% of Women-Led Businesses Face Payment Challenges in Global Trade: Report
Around 80% of women-led businesses struggle with international payments, while 60% face challenges with complex regulatory compliances, according to a report on women entrepreneurs in cross-border trade.
Despite their growing role in the economy, women-led enterprises account for just 15.4% of India's 58.5 million businesses, the report by Aspire For Her and Payoneer stated. A survey of over 300 women entrepreneurs identified four major hurdles in global expansion—international payments, regulatory compliances, limited financial access, and supply chain issues.
The report highlighted that 60% of women entrepreneurs find it difficult to navigate export laws and trade regulations. Many also face funding shortages and payment delays, making it harder to scale their businesses. High shipping costs, customs delays, and unreliable logistics partners further add to the challenges.
Addressing these barriers could help women-led businesses expand globally, said Aspire For Her Founder and CEO Madhura Dasgupta Sinha. Payoneer India Vice President Gaurav Shisodia added that the company plans to offer expert guidance, workshops, and tools through its SheExports programme.
(With text inputs from PTI.)
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
