In an inspiring turn of events, Radha Vembu, the co-founder of Zoho Corporation, has secured her place as the wealthiest self-made Indian woman on the "360 One Wealth Hurun India Rich List 2023." This remarkable achievement places her ahead of Falguni Nayar, the founder and CEO of Nykaa, an online beauty and fashion retailer.
The much-anticipated report, "360 One Wealth Hurun India Rich List 2023," was unveiled on October 10. In this report, we learn that Radha Vembu, who is 50 years old, is the wealthiest Indian woman who made her fortune herself. Her money is an amazing Rs 36,000 crore! Her accomplishments have positioned her at the 40th spot among India's 100 wealthiest individuals.
Notably, Falguni Nayar is not far behind, ranking 86th on the list with a net worth of Rs 22,500 crore. However, Radha Vembu's incredible journey has propelled her to the forefront of self-made Indian women entrepreneurs.
Mukesh Ambani, the Chairman of Reliance Industries, emerged as the undisputed leader in the "Hurun India Rich List 2023," amassing a staggering wealth exceeding Rs 8 lakh crore. His remarkable wealth surpassed that of Gautam Adani, the Chairperson of Adani Group.
In an intriguing revelation, Radha Vembu secured the third position among India's top five software entrepreneurs. Topping the list are HCL's Shiv Nadar and his family, showcasing the prominence of software moguls in the Indian business landscape.
Adding a youthful touch to the list, Kaivalya Vohra, the 20-year-old co-founder of the grocery delivery app Zepto, emerged as the youngest self-made wealthy individual in India. His impressive journey reflects the opportunities and dynamism of the Indian entrepreneurial landscape.
So, who is Radha Vembu, the richest self-made Indian woman? Her entrepreneurial journey has been nothing short of phenomenal. Radha Vembu helped start a big software company called Zoho Corporation along with her brothers, Sridhar Vembu and Sekar Vembu, back in 1996. Her brother, Sridhar, is the head of the company. She has been a significant support for him in running the company. Initially named AdvenNet, the company later rebranded as Zoho Corporation. Beyond her involvement in the software industry, Vembu also serves as 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 Chennai in 1972. She started her schooling at the National Higher Secondary School in Chennai. Later, she pursued industrial management at the famous IIT Madras after completing her initial education.
Radha Vembu's journey to becoming the richest self-made Indian woman shows how hard work and smart business decisions can inspire other Indian women to chase their dreams in the business world. Her journey reflects the ever-evolving landscape of success and innovation in the Indian business arena.