Falguni Nayar and Adwaita Nayar, the mother-daughter duo behind Nykaa, are the top two women entrepreneurs of 2025 on IDFC FIRST Private and Hurun India list. They are followed by Lenskart Co-founder Neha Bansal, OfBusiness Co-founder Ruchi Kalra and Upstox Co-founder Kavitha Subramanian. Ruchi Deepak (Acko), Srividhya Srinivasan (Amagi) and Garima Sawhney (Pristyn Care) also featured on the list.