POWERFUL WOMEN
16
Prev Rank: NEW
Isha Ambani,
Director, Reliance Jio Infocomm and Reliance Retail Venturesage: 29
Despite her inherited wealth and enviable business lineage, Isha is carving out a place
for herself within the $87-billion Reliance Industries Limited (RIL), the oil-to-telecom conglomerate led by her father Mukesh Ambani, Asia’s richest man. Armed with
degrees from Yale and Stanford, she honed her business acumen by being on the boards
of Reliance’s retail and telecom companies. This year she rose to the forefront by raising
billions of dollars for Reliance Retail Ventures Ltd (RRVL). Between September and early
October, RRVL raised ₹37,710 crore (around $5 billion) from global investors, including
Silver Lake, KKR, General Atlantic, and TPG. She also played an active role in the acquisition of online pharmacy store, Netmeds, for ₹620 crore. While announcing RRVL’s acquisition of the retail and wholesale business, and the logistics and warehousing arm from the
Kishore Biyani-led Future Group for ₹24,713 crore, RIL issued a statement by her, and not
her father, a testimony of her growing importance in the retail business of RIL.
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