Archive · 22 Jan 2026
India's Under-40 Business Leaders Dominated by Men
A new report shows that only 8% of the top business leaders in India who are under 40 years old are women.
Out of 436 entrepreneurs, only 36 are women.
This shows a big difference between men and women in business.
The report also says that most of these entrepreneurs started their own businesses, not inherited them.
The biggest group of entrepreneurs comes from Bangalore, and many of them studied at top engineering schools like IIT.
The most common type of business is in software.
The youngest woman on the list is 36 years old and works in solar energy.
The youngest entrepreneur overall is also 36 years old and works in energy technology.
These entrepreneurs lead companies worth a lot of money, almost one-eleventh of India's total economy.
The report was made by Avendus Wealth and Hurun India.
Only 8% of India's under-40 business leaders are women, with 36 out of 436 entrepreneurs being female.
The youngest woman on the list is Shreya Mishra, 36, co-founder of SolarSquare.
First-generation entrepreneurs dominate the list, accounting for nearly 80% of the entrants.
Bengaluru leads in geographic distribution with 109 entrepreneurs, followed by Mumbai and New Delhi.
Software products and services is the dominant sector, with 77 entrants.
- Who
- Entrepreneurs under 40 leading companies valued at over $950 billion
- What
- Only 8% of the list are women entrepreneurs
- When
- Published on January 21, 2026
- Where
- India
- Why
- The report highlights the gender gap and societal challenges faced by women entrepreneurs
- Total Entrepreneurs
- 436
- Female Entrepreneurs
- 36
- Percentage of Women
- 8%
- Youngest Woman
- Shreya Mishra, 36
- Youngest Entrepreneur
- Sanjay Byalal Jagannath, 36
- Top Sector
- Software Products and Services
- Total Employees
- Over 1.2 million
- Largest Employer
- Reliance Retail (247,782 employees)
- Cut-off Date
- September 1, 2025
- Total Funding Raised in 2025
- $22 billion
- Total Enterprise Value
- $357 billion (Rs 31 lakh crore)