Zoho Corp. co-founder Radha Vembu has become the richest self-made Indian woman surpassing Falguni Nayar, founder and CEO of online beauty and fashion retailer Nykaa, according to a report by Hurun India.

Share Market Live

NSE

The report titled “360 One Wealth Hurun India Rich List 2023” was released on October 10. As per the report, the 50-year-old entrepreneur has become the richest self-made Indian woman with a net worth of Rs 36,000 crore.

Radha Vembu ranked 40th among India’s 100 richest persons while Falguni Nayar ranked 86th with a net worth of Rs 22,500 crore. Reliance Industries Chairman Mukesh Ambani topped the list with a total wealth of more than 8 lakh crore, according to Hurun India Rich List 2023. Ambani has surpassed Gautam Adani, the Chairperson of Adani Group in the latest Hurun India Rich List.

On the other hand, among India’s top five software entrepreneurs, Vembu ranked third while HCL’s Shiv Nadar and family topped the list.

In addition to the remarkable journey of Radha Vembu to become the richest self-made woman in India, the 20-year-old co-founder of the grocery delivery app Zepto, Kaivalya Vohra has emerged to become the youngest self-made wealthy individual in the country.

Who is Radha Vembu?

Radha Vembu is the co-founder of software company Zoho Corporation and her journey as an entrepreneur has been phenomenal. She has been a strong support to her brother and Zoho Corp. CEO Sridhar Vembu.

Along with her brothers Sridhar Vembu and Sekar Vembu, Radha Vembu co-founded the software developing company Zoho Corp. in 1996. The company was initially named as AdvenNet but was later renamed to Zoho Corporation.

Apart from being the co-founder of Zoho Corporation, Vembu is also the director of an agricultural NGO named, Janaki Hi-Tech Agro Pvt. Ltd. and a real estate company named Highland Valley Corporation Pvt. Ltd.

Radha Vembu was born in 1972 in Chennai. She completed her primary education at the National Higher Secondary School in Chennai and completed her graduation in industrial management from the Indian Institute of Technology (IIT) Madras.

(Edited by : Sudarsanan Mani)

First Published:Oct 10, 2023 6:14 PM IST