Radha Vembu, a co-founder of Zoho Corp., has surpassed Falguni Nayar, the founder and CEO of the online beauty and fashion shop Nykaa, to become the richest self-made Indian woman at this time.
In a report named "India Rich List 2023: 360 One Wealth Hurun" was made available on October 10. According to the article, the 50-year-old businesswoman, whose net worth is estimated to be £3.6 billion, has become the richest self-made Indian woman.
Among the 100 richest people in India, Falguni Nayar came in at number 86 with a net worth of £2.25 billion, while Radha Vembu came in at number 40. Hurun India Rich List 2023 states that Reliance Industries Chairman Mukesh Ambani topped the list with a total worth of over £80 billion. According to the rich list, Ambani has surpassed Adani Group Chairman Gautam Adani.
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 Radha Vembu's incredible journey to become India's richest self-made lady, Kaivalya Vohra, the 20-year-old co-founder of the grocery delivery service Zepto, has become the nation's youngest wealthy self-made person.
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.