Radha Vembu, the sister of Zoho CEO and co-founder Sridhar Vembu has managed to climb a whopping 103 ranks over the last year and has become the second richest self-made woman in the world from software and services. The list includes 247 self-made women, with 81 percent of them from China.
Zoho is an Indian software development company – In 1996, the company was co-founded by Vembu siblings Radha and Sridhar Vembu. Radha owns the majority of the company’s stakes and Zoho was able to make a profit of over Rs 2700 crore, the highest for a bootstrapped company. The Vembu family owns over 80 per cent of the company’s stakes.
Born on December 24, 1972, in Chennai to Sambamurthy Vembu, a stenographer in Madras high court Radha Vembu went to the Indian Institute of Technology, Madras in 1997 to pursue a degree in industrial management. She completed her primary education at National Higher Secondary School in Chennai.
While Radha Vembu was still pursuing her higher education in 1996, she started a company along with her brother Sridhar, who has a Ph.D. in electrical engineering from Princeton. The company was initially called AdvenNet but was later renamed Zoho Corporation. Her other brother Sekar is also a stakeholder in Zoho but keeps a low profile.
That’s not all, Radha Vembu is also the director of Janaki Hi-Tech Agro Pvt Ltd, an agricultural NGO and Highland Valley Corporation Pvt Ltd, a real estate company.
She has a net worth of $4 billion, as per the 2023 M3M Hurun Global Rich List released on March 22. She gets most of her wealth from her stake in Zoho.2023-03-24T04:02:44Z dg43tfdfdgfd