Daijiworld Media Network - Mangaluru
Mangaluru, Nov 17: Mangaluru-born tech leader Jayshree Ullal has secured the top position in the list of India’s richest women entrepreneurs with a wealth of Rs 50,170 crore, according to the Hurun Research India Rich List 2025.
Ullal, president and CEO of the US-based computer networking giant Arista Networks since 2008, has achieved the rare distinction of leading the country’s top 10 richest self-made women. Under her leadership, Arista recorded USD 7 billion revenue last year, marking a 20% growth over the previous year.
Ullal also serves on the board of cloud computing company Snowflake, which went public five years ago. She owns nearly 3% of Arista Networks’ shares, part of which are held in the names of her two daughters, daughter-in-law and nephew. She previously worked with Cisco Systems, Advanced Micro Devices and Fairchild Semiconductor.
Belonging to the GSB Smartha Chitrapur Saraswat Brahmin community of Mangaluru, Ullal continues to be one of the most respected global business leaders of Indian origin.
Radha Vembu ranks second
In second place is Radha Vembu with a net worth of Rs 46,580 crore. Vembu holds a majority stake in Zoho Corp, the privately held global SaaS company co-founded by her brother Sridhar Vembu. She is a graduate of IIT Madras in industrial management.
Falguni Nayar takes the third spot
Falguni Nayar, founder of beauty and lifestyle retail chain Nykaa, stands third with Rs 39,810 crore. After quitting her career as an investment banker, Nayar launched Nykaa in 2012, which today operates nearly 200 stores across the country.
Kiran Mazumdar-Shaw at fourth
Biocon founder Kiran Mazumdar-Shaw ranks fourth with Rs 29,330 crore. A pioneer in India’s biotech sector, she began her entrepreneurial journey from a small garage in 1978 and now heads Biocon Ltd and Biocon Biologics.
Other prominent names in the top ten
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Ruchi Kalra – Rs 9,130 crore
Co-founder and CEO of OfBusiness, a major B2B commerce and financing platform.
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Juhi Chawla (and family) – Rs 7,790 crore
The former Bollywood star has built a strong portfolio in business, real estate and sports investments. Her net worth has grown 69% since last year, placing her among the wealthiest film personalities.
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Neha Bansal – Rs 5,640 crore
Co-founder of Lenskart, Bansal heads the business and legal functions of the eyewear giant. She earlier founded DNS Advisors.
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Indra Nooyi – Rs 5,130 crore
The former PepsiCo chairperson and CEO spent 24 years with the company, doubling its revenue and steering its global transformation. She continues to serve on global advisory boards, including Amazon and Deutsche Bank.
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Neha Narkhede (and family) – Rs 4,160 crore
Co-founder of Confluent and co-creator of Apache Kafka, she also founded cybersecurity platform Oscilar. She was named among America’s richest self-made women by Forbes.
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Kavita Subramanian – Rs 3,840 crore
Co-founder of Upstox, one of India’s leading online investment platforms. She previously worked with LeapFrog Investments, Actis and SKS Microfinance.
The annual list highlights the dramatic rise of women leaders in technology, biotech, fintech, retail and entertainment, showcasing India’s growing ecosystem of powerful women entrepreneurs.