India’s 10 self-made women build Rs 2 lakh cr empire: Zoho's Radha Vembu, Juhi Chawla feature in Hurun's list

Ten first-generation women wealth creators have accumulated a combined wealth of nearly Rs 2 lakh crore, according to the 2025 Candere Hurun India Women Leaders List released on Wednesday. The list highlights women who have built billion-dollar businesses from scratch, primarily in the software, healthcare, retail, and financial services sectors.

Topping the list is Radha Vembu, co-founder of Zoho Corporation, with a reported wealth of Rs 55,300 crore. She is followed by Jayshree Ullal, CEO of US-based Arista Networks, whose wealth is estimated at Rs 48,900 crore.

Seven of the top 10 women are based in India, while the remaining three reside in the United States.


The software and services sector continues to dominate, contributing Rs 1.11 lakh crore of the total wealth. Other industries represented in the list include healthcare, retail, finance, textiles, and media.

Top 10 First-Generation Women Wealth Creators (2025)

Rank	Name	Wealth (₹ Cr)	Age	City	Company	Industry
1	Radha Vembu	55,300	52	Chengalpattu	Zoho Corporation	Software & Services
2	Jayshree Ullal	48,900	63	Santa Clara, US	Arista Networks	Software & Services
3	Kiran Mazumdar-Shaw	32,000	71	Bengaluru	Biocon	Healthcare
4	Falguni Nayar	29,000	61	Mumbai	Nykaa	Retail
5	Neha Narkhede	6,800	41	Palo Alto, US	Confluent	Software & Services
6	Kavitha Subramanian	6,500	43	Mumbai	Upstox	Financial Services
7	Neha Bansal	5,100	43	Delhi	Lenskart	Retail
8	Indra K Nooyi	4,800	69	New York, US	PepsiCo (former CEO)	Food & Beverages
9	Juhi Chawla	4,600	57	Mumbai	Knight Riders Sports	Media & Entertainment
10	Meena Sethi	2,700	80	Delhi	Orient Fashion Exports	Textiles & Apparel