This conceptual paper indicates the status of the women entrepreneurs in India in the 21st century. The main objective of this paper to find out the features of women entrepreneur with the successful story of Vandana Luthra the most successful Indian women entrepreneur in beauty products, who is founder of world renowned company VLCC. Women of 21st century are not bound to behind the four walls of the house even they come forward to the society and accept each and every challenge given to them. This paper also highlights the India’s rank compare with other countries in women entrepreneurship and also shows some recommendations and steps taken by government to promote a spirit of women entrepreneurship.