Women have been making remarkable strides in various industries, ranging from EdTech to the IT sector. Among the prominent women executives in today's business world, we find names like Falguni Nayar, Kiran Mazumdar-Shaw, and Isha Ambani.
Among these successful individuals stands Nilima Prasad Divi, who ranks as one of India's wealthiest women with an estimated net worth exceeding Rs 28,180 crore as of March 2023. The brain behind Divi's Laboratories, Murali Krishna Divi, proudly claims Nilima Prasad Divi as his daughter.
But who is Nilima Prasad Divi? Nilima Prasad Divi is an alumna of the University of Glasgow, where she earned her master's degree in international finance. At Divi's Laboratories, she currently oversees investor relations, corporate finance, and material sourcing and procurement. According to Financial Express, Nilima Prasad Divi witnessed a remarkable 51% increase in her wealth in 2021.
Her journey into the world of accounting, finance, and material requirements spanned five years before Nilima Prasad Divi joined Divi's Labs in 2012. As of now, she is reported to own a significant 20.34% stake in the company. Her father, Murali Divi, is globally recognized as one of the wealthiest scientists, and the combined net worth of their family stands at a staggering $6.4 billion.
Divi's Labs, a key player in the active pharmaceutical ingredients (API) sector, ranks among the top three producers. With a market capitalization of approximately Rs 1,000 billion, the company's success is undeniable. Nearly 90% of Divi's Laboratories' $1.1 billion annual sales come from international exports.
Murali Divi's humble beginnings paint a compelling picture. His father served the Andhra Pradesh government, sustaining the family with a meager monthly pension of Rs 10,000. In 1976, Murali Divi embarked on a life-altering journey to the United States, starting as a pharmacist. Forbes India tells a remarkable story of a 25-year-old Murali Divi, armed with just Rs 500, who defied the odds and forged his destiny in the land of opportunities.
