BillionaireNet
Parekh
Mrudula Parekh
Rank #1992
INDIAManufacturingAdhesives

Mrudula Parekh

Net Worth
$1.932B
+0.03% (24h)
Mrudula Parekh, a 77-year-old Indian billionaire, is a prominent figure in India's business landscape. Her wealth stems from her inheritance of a stake in Pidilite Industries, a leading adhesives and sealants manufacturer. Her net worth is estimated at $2.0 billion, as of 2024. Parekh's career began with the founding of GenNext Chemicals, which focused on sustainable chemical solutions. Beyond her business achievements, Parekh is known for her philanthropic endeavors through the Parekh Foundation, focusing on education, women's empowerment, and environmental conservation.

The Full Dossier

Early Life

Mrudula Parekh was born in Mumbai, India. She demonstrated exceptional academic skills and pursued a degree in Chemical Engineering from the Indian Institute of Technology (IIT) Bombay.

Rise to Success

Parekh's journey into the business world began with the founding of GenNext Chemicals, specializing in sustainable chemical solutions. Her focus on environmental sustainability and high profitability set her company apart. Under her leadership, GenNext Chemicals expanded rapidly, gaining a significant market presence both in India and internationally. She also forged strategic partnerships, further propelling the company's growth.

Key Business Strategies

Parekh's business acumen included a focus on research and development, leading to advancements in green chemistry. This forward-thinking approach distinguished her company in a competitive market. Strategic partnerships also played a crucial role in her business success.

Philanthropy

Beyond business, Mrudula Parekh is known for her philanthropic efforts. She established the Parekh Foundation, which focuses on education, women's empowerment, and environmental conservation. The foundation implements programs to provide quality education and foster entrepreneurial skills.

Career Timeline

Founded

GenNext Chemicals

Founded GenNext Chemicals, a company specializing in sustainable chemical solutions.

1959

Inherited Stake in Pidilite Industries

Inherited her late husband Sushilkumar Parekh's minority stake in Pidilite Industries, a leading maker of adhesives and sealants.

Philanthropic Impact

Education, Women's Empowerment, and Environmental ConservationUndisclosed

Parekh Foundation

Focuses on education, women's empowerment, and environmental conservation.

Wealth Trajectory