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Jawaharlal Nehru Quote: “You can tell the condition of a nation by looking at the status of its women.” Women are one of the most relevant untapped resources if you talk about entrepreneurship. Female entrepreneur-ship is gaining attention and importance in light of the evidence of the importance of new business creation for economic growth and development. Entrepreneurs are responsible for shaping the economy and they help in creation of new wealth and new jobs by inventing new products, process and services. Women entrepreneurship is based on women participation in equity and employment of a business enterprise. Women who innovate initiate or adopt business actively are called women entrepreneurs. In this paper, an attempt has been made to study the opportunities and challenges related with entrepreneurship that the woman of our country faces in the present times.