Kotak Wealth Management – a division of Kotak Mahindra Bank (Kotak), and Hurun India today announced the launch of the 2nd edition of ‘Kotak Wealth Hurun – Leading Wealthy Women’ – a compilation of the wealthiest women in India. The listing is based on the net worth of women as on 30th September 2020. The 2020 edition of the report focuses exclusively on women who play an active role in their family business, entrepreneurs and professionals.
The report is a data-driven attempt to understand wealth creation among Indian women and celebrate the success of the top 100 entrepreneurs, professionals and businesswomen in India. The average wealth of the women on this list is about INR 2,725 crore. The threshold for the ranking is INR 100 crore.
Oisharya Das, CEO – Wealth Management, Kotak Mahindra Bank said, “One of the defining developments over the last couple of decades is the giant strides that women have taken as wealth creators. The Kotak Wealth Hurun – Leading Wealthy Women 2020 report reveals an interesting and inspiring trend of more and more trailblazing women leading the way and scripting success stories across a wide variety of industries and encompassing cities & towns pan India. For India to achieve its aspirational target to be a US$5 trillion economy by 2025, women will continue to play a crucial role as wealth creators in order to achieve that goal.”
Anas Rahman Junaid, MD & Chief Researcher, Hurun India said, “The women on the Kotak Wealth Hurun – Leading Wealthy Women 2020 list are the most successful women leaders in India. Their stories deserve to be shared and studied. What is it that makes them successful? How did they do it? I hope this list can inspire more women to become entrepreneurs, run businesses or lead companies.”