Women entrepreneurs plays a very important role in the economic development because it leads to capital formation and support to business, trade and industrial development. This paper attempt to study the status of women entrepreneurship in Maharashtra, to understand the women work participation in Maharashtra and to understand the challenges faced by women entrepreneurs in Maharashtra. The main findings of the study reveal that the total number of establishments owned by women entrepreneurs was 8,050,819 out of which 83.19 % of the total establishments were without Hired Workers (16.81%) were with at least One Hired Worker. Almost 82.98 % of the women establishments were self-financed in Maharashtra. It shows most of women entrepreneurs face difficulties in getting loan or finance from banks and other financial institutions. There are many challenges faced by women entrepreneurs therefore certain measures need to take by the Government, family, financial institutions, NGOs, and regulatory agencies, that will increase the women entrepreneurs in Maharashtra.