Over the years, the contribution of women to the wealth of the nation has been growing. According to a report by Hurun and Kotak Private Banking last year, four women in the top 10 Richest Women in India list more than doubled their wealth, with one new entrant into the list last year.
Falguni Nayar
IANS
Rank: #2
Wealth: ₹57,520 crore
Sector: E-commerce
After the initial public offer of her company Nykaa, the wealth of this investment banker turned entrepreneur soared 963% in 2021. She displaced Kiran Mazumdar-Shaw from her position to occupy the second place. She is also India’s richest self-made woman and the world’s tenth richest self-made woman.
Kiran Mazumdar-Shaw
IANS
Rank: #3
Wealth: ₹29,030 crore
Sector: Pharma
With a degree in brewing, Kiran Mazumdar-Shaw was hoping to make a name in the alcohol industry in India, until she went into the business of affordable innovations – that made her company receive a USFDA approval to manufacture cholesterol drugs. Her riches swelled after the successful IPO of her company, Biocon. Last year, the company acquired the biosimilars business of Viatris in the US, for $3 billion.
Nilima Motaparti
Divi’s Laboratories
Rank: #4
Wealth: ₹28,180 crore
Sector: Pharma
Nilima Motaparti is the daughter of Murli Krishna Motaparti, who founded Divi’s Laboratories. Armed with a Master’s in international finance from Glasgow University, Motaparti oversees all of the pharma company’s material sourcing and procurement, corporate finance and investor relations. Her wealth went up 51% in 2021.
Radha Vembu
Zoho
Rank: #5
Wealth: ₹26,260 crore
Sector: Tech
Radha Vembu is one of the co-founders of Zoho, the Chennai-based technology company which creates web-based tools and software. Her designation as the product manager of Zoho Mail hasn’t changed since 2007. In the meanwhile, the company grew by leaps and bounds as its revenues crossed $1 billion in 2021. Subsequently, her wealth went up by 127% in the same year.
Leena Gandhi Tewari
USV
Rank: #6
Wealth: ₹24,280 crore
Sector: Pharma
Leena Tewari is the chairperson of USV – a pharma company founded by her grandfather Vithal Balkrishna Gandhi. The media-shy billionaire is also known for extensive philanthropic work, and has also authored a book called ‘Beyond Pipes and Dreams’, a biography of her grandfather.
Anu Aga & Meher Pudumjee
Thermax
Rank #7
Wealth: ₹14,530 crore
Sector: Capital goods
Anu Aga started working at Thermax, an engineering company in the 1980s with her husband. She took over its reins in 1996, after he passed away. In 2004, she stepped down from the top job, allowing her daughter Meher Pudumjee to take over. Anu Aga has been a member of the parliament and also co-founded the non-profit, Teach for India.
Neha Narkhede
IANS
Rank #8
Wealth: ₹13,380 crore
Sector: Tech
The Pune girl who studied at Georgia Institute of Technology, worked at LinkedIn before she co-founded the cloud company, Confluence. As her company went public in 2021, her wealth swelled and she made her debut on the Hurun rich list, directly entering the Top 10. She is also counted among the world’s top women in tech.
Vandana Lal
Dr Lal Pathlabs
Rank #9
Wealth: ₹6,810 crore
Sector: Healthcare
Vandana Lal is the executive director of Dr Lal Pathlabs, and is also a new entrant to the top 10 list. The pandemic, which increased the need for various kinds of tests and health checkups, has also increased the value of her company. Her wealth grew 102% in 2021, says Hurun. She is also the fourth woman on the list who belongs to the pharma and healthcare sectors.
Renu Munjal
Hero Group
Rank #10
Wealth: ₹6,620 crore
Sector: Auto
Renu Munjal is the wife of the late Raman Munjal – the eldest son of Brijmohan Lall Munjal, the legendary founder of Hero Group. She has held many positions in the group after her husband passed away in the prime of his life. She is currently the managing director of Hero FinCorp. She is involved in many humanitarian efforts, and is also one of the founding members of BML Munjal University.