Roshni Nadar Malhotra, Chairperson of HCL Technologies, has been named the wealthiest woman in India, with a net worth of Rs 54,850 crore, according to a report released by Kotak Wealth Management and Hurun India.
She is the first woman chairperson of an IT service company in India and succeeded her father in this role. She started out as a news producer in the UK but quit at the age of 27 to join her father. Roshni also chairs HCL’s Corporate Social Responsibility Committee and launched The Habitats Trust, a foundation dedicated to preserving India’s natural resources and wildlife, in 2018.
The second wealthiest person is Kiran Mazumdar-Shaw, Chairperson and Managing Director of Biocon, who has a net worth of Rs 36,600 crore. She had founded Biocon, a bio-enzymes company in 1978 in the garage of her rented house in Bengaluru, with only two employees and USD 500. Just a year later, Biocon became the first Indian company to export enzymes to the US and UK, and today is a leader in the biotechnology sector in Asia.
The report titled Kotak Wealth Hurun Leading Wealthy Women 2020 listed the 100 richest women in India. The report also features 69 wealth custodians and 31 self-made women.