Mira Kulkarni, 64
Chairman and managing director, Mountain Valley Springs
Previous Rank : 22
The company, founded by Kulkarni in 2000 with a single store in Delhi, now has 71 stores across India and ships to more than 120 countries. Her brand, Forest Essentials, is also readying for international expansion with the backing of investor Estée Lauder’s global distribution network, creative resources, and operational expertise. Meanwhile, as the beauty market advances rapidly, the luxury Ayurveda company is keeping pace with innovation and products with a contemporary appeal like its Ayurvedic sheet masks made from organic cotton cellulose and formulations based on original herbal decoctions.