Archive · 22 Jan 2026
Single Mother Builds ₹8,300 Crore Ayurvedic Empire
Mira Kulkarni was a single mother who started with just ₹2 lakh.
She founded Forest Essentials, a luxury Ayurvedic skincare brand.
She faced many challenges but believed in her vision.
Her products became popular for their quality and traditional values.
A big company, Estée Lauder, invested in her brand.
Today, Forest Essentials is worth ₹8,300 crore and sells in over 120 countries.
Mira's story shows how hard work and belief in oneself can lead to great success.
Mira Kulkarni founded Forest Essentials in 2000 with ₹2 lakh.
The brand is now valued at ₹8,300 crore with annual revenues of ₹432 crore.
Forest Essentials operates over 130 stores in India and exports to 120+ countries.
Estée Lauder acquired a minority stake, boosting global visibility.
Mira faced skepticism but succeeded by blending tradition with modern luxury.
- Who
- Mira Kulkarni, founder of Forest Essentials
- What
- Built a luxury Ayurvedic skincare brand
- When
- Founded in 2000, current valuation in 2026
- Where
- India, with global exports
- Why
- To create luxury skincare products rooted in Ayurvedic traditions
- Founder
- Mira Kulkarni
- Company
- Forest Essentials
- Founded
- 2000
- Initial Investment
- ₹2 lakh
- Current Valuation
- ₹8,300 crore
- Annual Revenue
- ₹432 crore
- Global Reach
- 120+ countries
- Key Partner
- Estée Lauder
