entrepreneur.com
Tide, the leading business financial platform for SMEs, has witnessed a remarkable 282% growth in women members over the past year, as more female entrepreneurs across India embrace digital business tools. The platform now boasts over 86,226 women members, a sharp rise from just 22,584 in February 2024. Notably, 96% of these women hail from Tier II, III, and IV cities—collectively referred to as ‘Bharat’—signifying the growing entrepreneurial spirit beyond metro cities. This surge reflects a broader trend in India’s economic landscape, where women-led businesses are playing an increasingly vital role. Currently, about 22 million small businesses in India are owned by women, accounting for approximately 20% of the country’s SMEs. Digital platforms like Tide are helping these entrepreneurs access financial tools, streamline operations, and scale their businesses more efficiently. Read more