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Is Hyderabad Startup Space A Lucrative Territory For Women?

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For a long time, Hyderabad was known for its monuments, palaces, and Biryani, but now it is the IT hub for many global companies and a heaven for startups, all of which are inspiring female employees on a daily basis. Following Bangalore and Delhi, the city's female workforce gradually increased. Today Hyderabad is considered as the major technology industry centre after Bangalore. It is home to a plethora of upscale restaurants and shops. Hyderabad has long been known as a pearl and diamond trading centre. As a result, it is known as the "City of Pearls."We have recently seen an increase in the number of emerging startups in Hyderabad.

The city's startup scene has grown by leaps and bounds in recent years, creating lucrative career opportunities for lakhs of young people, but the number of women reaching the top echelons of IT firms remains alarmingly low. As part of its efforts to build an innovation-driven economy and a robust startup network, the Hyderabad-state government recently launched several unique initiatives, including WE Hub, a oneof-a-kind facility to enable women entrepreneurs to startup and scale up. Despite its late arrival on the startup scene, Hyderabad has emerged as a key hub over the last six years, boasting over 6,600 startups across various sectors, with 57 percent of employees being women, and some on the verge of getting unicorn status.

There is no doubt that Hyderabad startups are focusing on improving women's lives, which is more important than ever. Despite the fact that men dominate the space, a number of companies are innovating and pushing to make the world a better place for women everywhere.