Women entrepreneurship in India has evolved as a critical driver of inclusive economic growth but still there is limited access to formal finance, digital infrastructure and market connectivity and this still continues to constraint the growth of women owned enterprises. The growth of United Payment Interface(UPI) revolutionized the digital payment landscape in India by making financial transaction more convenient, affordable and instant. This study explores the relationship between UPI growth and women entrepreneurship in India spanning over the period from financial year 2016-17 to financial year 2023-24. Women entrepreneurship is assessed based on the development of women entrepreneurship in the form of Micro, Small and Medium enterprises (MSMEs). The study uses a log linear regression model to look into relationship between the UPI growth and women entrepreneurship in India. The secondary data from different sources such as National Payment Corporation of India(NPCI), Udyam Portal by Ministry of MSME, Reserve Bank of India (RBI) etc. has been used in the study and the result show that the level of UPI growth is positively correlated with women on MSME .The study therefore finds UPI has not only become a payment innovation but it is also a crucial institution mechanism for inclusive entrepreneurship in India. The paper makes recommendation on digital financial literacy, women centric fintech conclusion QR code merchant expansion and integration of digital transaction history into formal credit assessment frameworks.
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