Who are the most successful women entrepreneurs in India_ Find 19 at the top of the game.pdf

Here are the top 19 successful women entrepreneurs in India: 1. Roshni Nadar Malhotra 2. Jayshree Ullal 3. Radha Vembu 4. Falguni Nayar 5. Kiran Mazumdar-Shaw 6. Juhi Chawla

1. Who are the most successful
women entrepreneurs in India?
Find 19 at the top of the game

Women entrepreneurship in India is expanding and making huge social and economic
contributions. As of 2025, women represent around 14% of all entrepreneurs in India.
According to a report by Niti Ayog, there are approximately 8.05 million women
entrepreneurs. Women own about 26.2% of the micro, small, and medium enterprises
(MSMEs) as of 2024. Women entrepreneurs employ between 22 and 27 million people
across the country.
But among all these 8.05 million, who are the most successful women entrepreneurs in
India? In this blog, we shall take a look at the top women entrepreneurs in the country
who have made a huge impact.
List of 19 Most Successful Women Entrepreneurs in India

2. Here is a ranked list of 19 women entrepreneurs in India with their net worth. The
ranking primarily considers the entrepreneurs’ estimated net worth, impact on the
industry, unicorn status, and overall leadership contributions.
Here are the top 19 successful women entrepreneurs in India
Rank Entrepreneur Company / Startup Net Worth (INR
Crore)
1 Roshni Nadar
Malhotra
HCL Technologies ₹2,84,000 crore
2 Jayshree Ullal Arista Networks ₹50,170 crore
3 Radha Vembu Zoho Corporation ₹46,580 crore
4 Falguni Nayar Nykaa ₹39,810 crore
5 Kiran
Mazumdar-Shaw
Biocon ₹29,330 crore

3. 6 Juhi Chawla Diversified
Investments
₹4,600 crore
7 Kavitha
Subramanian
Upstox ₹3,840 crore
8 Savitri Jindal Jindal Group ₹3,660 crore
9 Neha Bansal Various ventures ₹3,100 crore
10 Ruchi Kalra OfBusiness &
Oxyzo
₹2,600 crore
11 Vandana Luthra VLCC ₹1,300 crore
12 Rekha
Jhunjhunwala
Investor /
Entrepreneur
₹800 crore
13 Renuka Jagtiani TGI Group ₹560 crore

4. 14 Indra Nooyi Former CEO,
PepsiCo
₹413 crore
approx.*
15 Smita
Crishna-Godrej
Godrej Group ₹350 crore
16 Anu Aga Thermax Ltd ₹310 crore
17 Leena Tewari USV Pharma ₹310 crore
18 Ghazal Alagh Mamaearth ₹300+ crore
(estimated)
19 Vineeta Singh SUGAR Cosmetics ₹300+ crore
(estimated)
1. Roshni Nadar Malhotra

5. Source – www.shivnadarfoundation.org
●​Net worth: ₹2,84,000 crore
●​Company: HCL Technologies
●​Industry: IT/Technology
Roshni Nadar Malhotra is recognized as one of the world’s most powerful women in
business. Having inherited a significant stake, she is consistently ranked as India’s
richest woman. Beyond her corporate role, she is a dedicated philanthropist, driving the
educational initiatives of the Shiv Nadar Foundation. She also focuses on wildlife
conservation through The Habitats Trust.
2. Jayshree Ullal

6. Source – en.wikipedia.org
●​Net worth: ₹50,170 crore
●​Company: Arista Networks
●​Industry: Technology / Networking
Jayshree Ullal is the influential President and CEO of Arista Networks. Ullal spent 15
years at Cisco Systems, where she was a Senior Vice President. Since joining Arista in
2008, she has led the company from a startup through a successful 2014 IPO. Ullal was
recognized as one of the richest female CEOs in the world by Hurun’s 2025 list.
3. Radha Vembu

7. Source – www.lifestyleasia.com
●​Net worth: ₹46,580 crore
●​Company: Zoho Corporation
●​Industry: Software / SaaS
Radha Vembu is a graduate from IIT Madras who co-founded Zoho Corporation with her
brother Sridhar Vembu in 1996. Among successful women entrepreneurs in India, she
holds a majority stake in the privately held company. She currently serves as the
product manager for Zoho Mail. She is known for maintaining a low profile. Her wealth is
derived from her stake in Zoho.
4. Falguni Nayar

8. Source – fortune.com
●​Net worth: ₹39,810 crore
●​Company: Nykaa
●​Industry: Beauty & Personal Care / E-commerce
Falguni Nayar is the Founder and CEO of Nykaa, a prominent Indian beauty and
lifestyle retail company. After a successful two-decade career in investment banking,
she quit her job at the age of 50 to launch the e-commerce platform in 2012. Her
leadership led Nykaa to a highly successful IPO. Her startup had made her one of
India’s wealthiest self-made women. She holds an MBA from IIM Ahmedabad.
5. Kiran Mazumdar-Shaw

9. Source – qz.com
●​Net worth: ₹29,330 crore
●​Company: Biocon
●​Industry: Biotechnology / Healthcare
Kiran Mazumdar-Shaw is a pioneering Indian entrepreneur in the biopharmaceutical
business. She started the biotechnology company, Biocon, for affordable therapeutics in
her garage in Bangalore in 1978. Against initial scepticism about her gender and
untested business model, she drove Biocon into a global biopharmaceutical enterprise.
She is recognized globally for her contributions to science.
6. Juhi Chawla

10. Source – www.barandbench.com
●​Net worth:₹4,600 crore
●​Company: Mehta Group (stakeholder), Kolkata Knight Riders (Co-ownership),
Dreamz Production
●​Industry: Entertainment & Investments
Juhi Chawla’s entrepreneurial career has been highly successful. Alongside her
husband and Shah Rukh Khan, she is a co-owner of the Indian Premier League cricket
team, Kolkata Knight Riders (KKR). Her business portfolio also includes co-founding the
production company Dreamz Unlimited and holding stakes in various enterprises via the
Mehta Group.
7. Kavitha Subramanian

11. Source – startuptalky.com
●​Net worth: ₹3,840 crore
●​Company: Upstox
●​Industry: Fintech / Trading Platform
Kavitha Subramanian is a Co-founder at Upstox, one of India’s leading investment and
trading platforms. She is responsible for driving the company’s overall strategy, growth,
finance, and customer experience. An alumna of IIT Bombay and The Wharton School,
her background includes experience in private equity and management consulting. Her
experience in equity fuels her strong focus on financial inclusion.
8. Savitri Jindal

12. Source – educationpost.in
●​Net worth: ₹3,660 crore
●​Company: Jindal Group
●​Industry: Steel & Industrial Manufacturing
Savitri Jindal serves as the Chairperson Emerita of the O.P. Jindal Group, a massive
conglomerate with interests in steel, power, cement, and infrastructure. She took the
helm following her husband’s death in 2005. She has also been active in politics,
serving as a former minister in the Haryana Government. Her journey from homemaker
to business magnate is a powerful story of resilience and leadership.
9. Neha Bansal

13. Source – www.lenskart.com
●​Net worth: ₹3,100 crore
●​Company: Lenskart, DNS Advisors Pvt. Ltd
●​Industry: Eyewear retail and e-commerce, financial consultancy, and business
advisory services
Neha Bansal is a Co-Founder and Executive Director, Global Head of Merchandising at
Lenskart, an omnichannel eyewear retailer. A Chartered Accountant, she was part of
the original founding team that incorporated Lenskart in 2008. She leads the
merchandising and legal/secretarial governance functions and has been key to the
company’s growth. Her role has helped in expanding the company’s presence across
India and international markets.
10. Ruchi Kalra

14. Source – www.planify.in
●​Net worth: ₹2,600 crore
●​Company: OfBusiness & Oxyzo
●​Industry: Fintech / B2B Marketplace
Ruchi Kalra is best known as the co-founder of two profitable unicorns, i.e., OfBusiness
and its financial services arm, Oxyzo. She is ranked as one of the successful women
entrepreneurs in India in the startup ecosystem. OfBusiness is a leading B2B commerce
platform providing raw materials and credit to SMEs. Kalra’s strategic vision focuses on
profitability alongside growth.
11. Vandana Luthra

15. Source – www.newdelhiwants.com
●​Net worth: ₹1,300 crore
●​Company: VLCC
●​Industry: Wellness / Beauty / Health Services
Vandana Luthra is a celebrated Indian entrepreneur and the founder of VLCC Health
Care Ltd, which she established in 1989. She pioneered an all-inclusive approach in
India’s wellness industry. Her brand blended dietary modification, exercise, and
advanced beauty treatments. Luthra is a recipient of the prestigious Padma Shri award
for her contributions to trade and industry.
12. Rekha Jhunjhunwala

16. Source – www.forbesindia.com
●​Net worth: ₹800 crore
●​Company: NA (Equity Investor)
●​Industry: Investment & Venture Capital
Rekha Jhunjhunwala is a prominent Indian investor and businesswoman. She is known
for actively managing the portfolio of her late husband, Rakesh Jhunjhunwala, the “Big
Bull” of the Indian stock market. Her portfolio, with top holdings like Titan Company, has
made her one of the most successful women entrepreneurs in India. She continues the
family’s legacy through shrewd investments and philanthropic efforts.
13. Renuka Jagtiani

17. Source – www.entrepreneur.com
●​Net worth: ₹560 crore
●​Company: TGI Group
●​Industry: Retail / FMCG
Renuka Jagtiani is the Chairwoman of the Landmark Group, a massive retail and
hospitality conglomerate based in Dubai. She played a key role in expanding the
company’s presence across the Middle East, India, and other regions. Following the
passing of her husband, Micky Jagtiani, in 2023, she took on a more prominent
leadership role.
14. Indra Nooyi

18. Source – fortune.com
●​Net worth: ₹413 crore approx
●​Company: Former CEO, PepsiCo
●​Industry: Food & Beverage
Indra Nooyi is the former Chairman and CEO of PepsiCo, a role she held from 2006 to
2019. Born in India, she became the first woman, person of color, and immigrant to
head a Fortune 50 company. During her tenure, she advocated the “Performance with a
Purpose” strategy. She focused on increased profits alongside environmental
sustainability and healthier product offerings.
15. Smita Crishna-Godrej

19. Source – zasha.info
●​Net worth: ₹350 crore
●​Company: Godrej Group
●​Industry: Conglomerate / Consumer Goods
Smita Crishna-Godrej is a third-generation heir of the prominent Godrej family, which
controls the multibillion-dollar Godrej Group, an Indian conglomerate. She holds a
significant stake in the family assets. Her stake includes a portion of the recently divided
Godrej Enterprises Group, whose flagship company is the privately held Godrej &
Boyce. She is also involved in various philanthropic and cultural activities.
Also Read: The Real Definition of Beauty: A Look at the 20 Most Beautiful Women in
India
16. Anu Aga

20. Source – yourstory.com
●​Net worth: ₹310 crore
●​Company: Thermax Ltd
●​Industry: Engineering / Energy
Anu Aga is an Indian billionaire businesswoman and social worker, known for leading
Thermax as its chairperson from 1996 to 2004. She is also recognized for her
philanthropic work, for which she received the Padma Shri award in 2010. She also
served a nominated term in the Rajya Sabha and was the Chairperson of Teach for
India.
17. Leena Tewari

21. Source – businessviewpointmagazine.com
●​Net worth: ₹310 crore
●​Company: USV Pharma
●​Industry: Pharmaceuticals
Leena Tewari is the chairperson of USV Private Limited, a major multinational
pharmaceutical and biotechnology company in Mumbai. The company specializes in
diabetic and cardiovascular drugs. The company was founded by her grandfather in
1961. A big name in the list of successful women entrepreneurs in India, she is also
noted for her philanthropy, particularly supporting underprivileged women’s education.
18. Ghazal Alagh

22. Source – www.entrepreneur.com
●​Net worth: ₹300+ crore (estimated)
●​Company: Mamaearth
●​Industry: Beauty & Personal Care / D2C
Ghazal Alagh is the co-founder and Chief Innovation Officer of Mamaearth. Her
company is a leading Indian D2C brand specializing in toxin-free and Made-Safe
certified personal care products. She co-founded the company in 2016 with her
husband, Varun Alagh, after struggling to find safe baby products for their son. Alagh is
also a well-known investor and a former judge on the entrepreneurial reality show,
Shark Tank India.
19. Vineeta Singh

23. Source – indianexpress.com
●​Net worth: ₹300+ crore (estimated)
●​Company: SUGAR Cosmetics
●​Industry: Beauty & Personal Care / D2C
Vineeta Singh is the CEO and co-founder of SUGAR Cosmetics, one of India’s leading
beauty brands valued at around ₹2,940 crore. An IIT Madras and IIM Ahmedabad
alumna, she famously turned down a ₹1 crore job to pursue entrepreneurship. She is
also a prominent investor, serving as a popular “Shark” on the business reality TV show,
Shark Tank India.
Conclusion:
This curated list showcases the extraordinary achievements of successful women
entrepreneurs in India. These women have built multi-crore enterprises and global
brands across diverse sectors like technology, wellness, finance, and consumer goods.
Their journeys demonstrate resilience, vision, and the ability to scale massive business
empires.

24. The collective success of these leaders signals a powerful and transformative shift in
India’s economic setting. Their achievements drive significant GDP contributions and
job creation. But their stories also provide essential inspiration, ensuring that the next
generation of successful women entrepreneurs in India has a clear path and powerful
role models to follow.
FAQs
1. Which sector has the largest number of successful women
entrepreneurs in India?
The Services sector, particularly in beauty, wellness, education, and IT, accounts for the
largest share of women-owned enterprises.
2. Which organization supports skill training for women in the beauty
industry?
Vandana Luthra (VLCC) is the first Chairperson of the Beauty and Wellness Sector Skill
Council (B&WSSC), an initiative backed by the Government of India.
3. What major challenges do successful women entrepreneurs in India
face?
Primary challenges include limited access to finance, gender-based bias, lack of formal
networks, and balancing business demands with family responsibilities.