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Co-founder of data-streaming technology business Confluent, Neha Narkhede is the richest newcomer to join the list of India’s richest women.
The 38-year-old woman, who has an estimated net worth of Rs 1,338 billion, ranked eighth in the top ten, beating out the only other new member, Vandana Lal of Dr Lal PathLabs, by one. According to research firm Hrun.
In June 2021, Confluent climbed 25% on the Nasdaq, reaching a market valuation of US$11.4 billion. Before launching Confluent, Narkhede worked as a software engineer at LinkedIn. There she contributed to the development of Apache Kafka, an open source messaging system designed to handle large amounts of data entry for network sites.
Roshni Nadar Malhotra, Chairman of HCL Technologies with a net worth of Rs 84,330 crore, topped the Hurun list for the second consecutive year. According to the list, FSN e-commerce promoter Falguni Nayar has overtaken Biocon’s Kiran Mazumdar-Shaw to become India’s richest self-made woman with a fortune of Rs 57,520.
Kotak Private Banking Hurun Leading Wealthy Women List 2021, published by Hurun Report, is the third annual list of India’s richest female entrepreneurs and professional managers. The wealth calculation is as of December 31 last year and covers her 97 Indian women in 29 cities in 4 countries. With 25 female entrepreneurs, New Delhi overtook Mumbai to become the top living city. Their total assets stood at her Rs 416 crore, up 53% year-on-year. Increased from 10 to her 48, worth more than 1,000 kroner.
Pharmaceuticals, healthcare and consumer goods were the sectors with the highest number of listed individuals. Among the eight founders, BYJU’s Divya Gokulnath (36) and OfBusiness’ Ruchi Kalra (38) have registered assets of Rs 455 crore and Rs 260 crore respectively. 9 out of 20 women under 40 made their own. Her 33-year-old Kanika Tekriwal from JetSetGo is the youngest self-made woman on the list.
“The Kotak Private Banking Hurun Leading Wealthy Women List serves as a barometer to understand the progress of women-led wealth creation in India and this year’s list highlights the unstoppable power of India’s leading female wealth creators. About 25% of the list has been replaced by new entrants,” said Anas Rahman Junaid, Principal Scientist at Hurun India.
Four unicorns co-founded by women are also included in the list. Lenskart.com co-founder Neha Bansal, 40, has a net worth of Rs 154 billion and comes in at number 35 on the list. did. Lenskart acquired Hyderabad-based DailyJoy in April 2021 to expand its engineering and technology operations. Co-founder of LEAD School, her 44-year-old Smita Deorah ranked her 39th with a net worth of Rs 1,390 crore. LEAD School has raised her Rs 760 crore in Series E funding in January 2022. Saumya Singh Rathore, 34, has a wealth of Rs 520 crore and is one of the youngest girlfriends to join the list. She is the co-founder of her WinZo, a social game her app that offers players financial benefits and prizes.
Disclosure: The Kotak family controlled entity has significant holdings of Business Standard Pvt Ltd
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