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1 , 81. Falguni Nayar and Adwaita Nayar, Nykaa | The mother-daughter duo has topped the chart of female self-made entrepreneurs with Nykaa, the omnichannel beauty and fashion e-retailer, now valued at ₹67,500 crore. In 2012, Falguni Nair, after a long career in investment banking, bet on India’s then underserved beauty retail market and expanded into fast fashion and offline retail. His daughter, Advaita Nair, has been instrumental in building Nykaa’s omnipresent presence and private label, helping turn it into one of India’s most successful consumer internet IPO stories. Nykaa was the only profitable startup to go public when it listed for an IPO in November 2021.
2 , 83. Neha Bansal, Lenskart Neha Bansal co-founded Lenskart with a focus on building the company’s technology backbone and supply-chain efficiency. The eyewear company disrupted a fragmented market through home eye exams, aggressive pricing, and vertically integrated manufacturing. Now valued at ₹67,000 crore, Lenskart’s data-driven approach and offline expansion has made it one of India’s fastest growing omnichannel consumer brands. (Image: Lenskart)
3 , 84. Ruchi Kalra, OffBusiness Ruchi Kalra co-founded OffBusiness to solve the long-term credit and procurement gap for India’s MSMEs. Valued at ₹44,400 today, the company combines data-based underwriting with raw material sourcing, allowing it to lend while maintaining tight risk controls. OffBusiness grew rapidly by focusing on profitability and cash flow, leading to higher risk appetite in startup lending. (Image: OffBusiness)
4 , 85. Kavita Subramanian, Upstox Kavitha Subramaniam is one of the three co-founders of Upstox, which reshaped India’s broking industry with zero-commission equity trading. The platform took advantage of technology and regulatory changes to onboard millions of first-time retail investors. Company is valuable today ₹31,100 crore(Image: Upstox)
5 , 86. Srividya Srinivasan, Amagi and Ruchi Deepak, ACKO General Insurance Srividya Srinivasan, co-founder of Amago, and Ruchi Deepak, co-founder of ACKO General Insurance, have together secured the sixth position among self-made women entrepreneurs. Founded in 2008 and 2016 respectively, both companies are valued at ₹13,300 crore. (Images: Amagi and Instagram/@ruchidepakrd)
6 , 88. Garima Sahni, Pristine Care Garima Sahni co-founded Pristine Care to bring structure and transparency to India’s fragmented secondary healthcare market. The Gurugram-based company is now valued at Rs 12,400 crore, uses a tech-based, asset-light model to streamline surgeries and patient care across partner hospitals. Pristine Care expanded by focusing on standardized clinical outcomes rather than building its own hospital infrastructure.
7 , 89. Ghazal Alagh, Honasa Consumer. Shark and entrepreneur Ghazal Alagh co-founded Mamaearth’s parent company Honasa Consumer, taking advantage of the growing demand for toxin-free, made-in-India personal care products. Mamaearth’s rapid scale was driven by digital-first marketing, influencer-led branding, and accelerated product innovation cycles. Honasa’s successful public listing transformed one of India’s first D2C brands into a large, listed FMCG player. Gurugram-based company is valued today ₹9,600 crore.
8 , 810. Rajoshi Ghosh, Hasura Rajoshi Ghosh co-founded Hasura, an open-source data platform that simplifies real-time application development. Based in Bengaluru, the company gained global popularity by building a strong developer community before monetization. today it is appreciated ₹8,900 crore. (Image: X/@rajoshighosh)