How is women entrepreneurship in India changing?
The landscape of female entrepreneurs has evolved gracefully in India over the past decades. Today, the government is also supporting budding women entrepreneurs who wish to bring change to society by launching various schemes.
Things are changing for the women of this generation, all thanks to women themselves for being headstrong and not allowing anything to stop them. Mad4India has always loved the idea of women ruling the screen, and why wouldn’t we? After all, a woman is typing this. But today, let’s pay extra homage to the shining stars of the country. As the year is about to end, we bring to you a very inspiring list of women entrepreneurs who ruled in the year 2023.
- How is women entrepreneurship in India changing?
- Top 10 female entrepreneurs in India
- 1. Savitri Jindal, chairperson O.P. Jindal Group
- 2. Vani Kola – Founder and Managing Director of Kalaari Capital
- 3. Radhika Gupta, CEO Edelweiss
- 4. Upasna Taku, Founder Zaakpay & Mobikwik
- 5. Richa Kar – Founder of Zivame
- 6. Suchi Mukherjee, Founder & CEO, Limeroad
- 7. Vandana Luthra, founder VLCC Health Care Ltd
- 8. Shradha Sharma, founder and CEO of YourStory
- 9. Kiran Mazumdar Shaw, chairperson and founder of Biocon Limited
- 10. Falguni Nayar, founder and CEO Nykaa
- Frequently Asked Questions
Top 10 female entrepreneurs in India
1. Savitri Jindal, chairperson O.P. Jindal Group
Born in the small town of Tinsukia in the Indian state of Assam in 1950, Savitri was a moderate woman with a keen interest in gaining knowledge of all things. After being married to Om Prakash Jindal, the former owner of the Jindal group, she moved to Haryana. The untimely demise of her husband in 2005 left a void in her business responsibilities. Savitri took over and displayed remarkable leadership.
She extended the branches of the Jindal group to various other sectors, such as infrastructure, cement and education. She even invested in sustainable green energy, a smart move among all of the female entrepreneurs. All her strategies were unmatched in the market, which earned her the position of Asia’s richest businesswoman! Boasting a net worth of 27.7 billion, she claims the title of the wealthiest woman in India and secures the position as India’s fourth richest individual in 2023.
2. Vani Kola – Founder and Managing Director of Kalaari Capital
Vani Kola is an Indian entrepreneur and a leading venture capitalist. She is the founder and managing director of Kalaari Capital, a Bangalore-based company that invests in early-stage startups in India. She raised about $650 million and funded more than 60 startups including Flipkart and Snapdeal. She was also listed as one of the most powerful women in India in 2018 and 2019. Her never-give-up attitude makes her one of the top female entrepreneurs in India in the year 2023.
3. Radhika Gupta, CEO Edelweiss
Radhika Gupta was born in 1983 with a medical disorder called Torticollis, a rare condition leading to a permanent head tilt. Despite this, she continued her life with tremendous zeal and started her own venture, an asset management firm in India, Edelweiss Forefront Capital Management.
Initially, she was the head of multi-strategy funds and Edelweiss but today, she holds the position of CEO. Today, it is the country’s fastest-growing mutual fund business. With a net worth of approximately 41 crores, she is not just a businesswoman but also a face of fame. Radhika was in the news for her debut role as a Shark Tank 3 India judge. Radhika proved that her dedication was enough to make it to the list of famous women entrepreneurs in India.
4. Upasna Taku, Founder Zaakpay & Mobikwik
Upasna Taku is one of the most successful female entrepreneurs in India. She founded Zaakpay and co-founded Mobikwik, a mobile wallet and digital payment platform in India. She is also an advocate for women’s rights and entrepreneurship. Her company, Mobikwik, offers a wide range of services, such as mobile recharge, bill payments, and digital wallet transactions. Upasna Taku is recognized for her contributions to the fintech industry in India.
5. Richa Kar – Founder of Zivame
Shattering the taboo around lingerie shopping, Richa Kar is one of the leading female entrepreneurs who established an Indian e-commerce platform for women’s intimate wear, Zivame. It offers a wide range of lingerie, sleepwear and other related products catering to different preferences and sizes. This brand is home to more than 50 different lingerie brands with an expanded user base. She received numerous awards for her contribution to the e-commerce industry which makes her one of the top female entrepreneurs in India.
6. Suchi Mukherjee, Founder & CEO, Limeroad
Coming from a middle-class family in Haryana, Suchi Mukherjee is another famous face in the list of leading female entrepreneurs in India. As a woman, she faced too many problems in getting the outfit she wanted. Moreover, in the early days it was difficult to get everything related to your outfit at one place, so understanding the needs of women, this woman launched limeroad.in. It is India’s first women social shopping website.
Starting her own venture in 2012, she got success and recognition in 2015 by winning the award of the women of the year by INFOCOM. Since then, there has been no looking back for her and recently she received the Entrepreneur of the Year award by the Government of India.
7. Vandana Luthra, founder VLCC Health Care Ltd
Amongst the top female entrepreneurs comes Vandana Luthra, the owner of a multi-crore beauty and wellness business, VLCC. She launched VLCC after realizing the lack of understanding of the beauty, lifestyle, and nutrition industry in India. Initially, VLCC focused on dietary modification and exercises, but later on, it expanded to beauty programs including dermatology and cosmetology. Vandana was even awarded Padma Shree for her contribution to trade and industry. The annual revenue of VLCC is around $91.1 million and her success is illuminating the path of women entrepreneurship in India.
8. Shradha Sharma, founder and CEO of YourStory
Born in Patna, Bihar, Shradha Sharma and her story stands out among the top female entrepreneurs in India. After completing her education, Shradha began working with The Times of India and later switched to CNBC News. Her choice of stories at both the media firms made her realize that there are millions of other stories that no platform is willing to cover. So, she left her well-paying job and started her own website “yourstory.com” to give a voice to all the young entrepreneurs in India. Initially, it wasn’t easy for her to balance financially but today her net worth in crores proves that her struggle and determination were worth it!
9. Kiran Mazumdar Shaw, chairperson and founder of Biocon Limited
Kiran Mazumdar Shaw is an Indian entrepreneur and businesswoman who is the founder and chairperson of Biocon Limited, a biotechnology company based in Bangalore, India. She is making the country proud with a globally recognized bio-pharma enterprise committed to innovation and affordability in delivering world-class therapeutics. She received a Padma Shree in 1989 and a Padma Bhushan in 2005 for her commendable work.
10. Falguni Nayar, founder and CEO Nykaa
Falguni Nayar is one of the most courageous female entrepreneurs in India as it is not easy for everyone to quit their job at the age of 50 and start a business from scratch. The CEO of Nykaa, an online shopping platform for female cosmetics, has a net worth of $6.5 billion. She has the title of India’s first women-led unicorn to be listed on the stock market. Born in a Gujarati family, this Indian businesswoman and billionaire owns a brand Nykaa that has successfully curated more than more than 850 brands and 35,000 products.
A powerful group of successful businesswomen in India is leaving their mark across domains and industries. What we could learn from all the above-mentioned female entrepreneurs is that female entrepreneurship in India was not at all easy but constant dedication and efforts can help you achieve everything you desire.
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Frequently Asked Questions
Who is India’s first female billionaire?
Savitri Jindal is India’s first female billionaire with a net worth of 2,790 crores USD.
Who is the first Dalit billionaire in India
Living in Dusseldorf, Germany, Rajesh Saraiya is India’s first Dalit billionaire with a net worth of approximately $5 million.
What are the unique business ideas for women?
If you loved reading about the popular female faces in 2023 then do check out Not Sure How To Start A business While Being A Homemaker? Here Are Top 10 Home-Based Business Ideas is for you.
If you know more inspirational stories about any person, company, new idea, or social initiative, write to us at mad4india.com, or share such information with us on Facebook, LinkedIn or Instagram.
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