Meet Ambiga Subramanian, faced many problems, separated from husband, youngest self-made female millionaire in India, her business was…
Ambiga Subramanian was leading Mu Sigma as its CEO. She is the first woman to head this startup. The company is of $1.5 billion and has remained in profit since it was established.
She was born in Chennai and completed her bachelor's degree in Electrical engineering from Anna University, Chennai. After graduation, she went to USA and did MS in Computer Engineering from Wayne State University, Michigan.
She joined Motorola in 1998 as Research Lead in 1998. The she joined Mu Sigma, a data analytics firm which was started by her ex-husband, Dhiraj Rajaram in 2004.
There were several ups and downs in her personal life. She separated from her husband and left Mu Sigma in 2016 after working for several years as its CEO, COO.
After this she started working on a social networking application, hyphen.social in 2018, according to Business world.
After exiting from Mu Sigma she sold 24 percent of her stakes to Dhiraj after their divorce. She then started investing in a number of companies in the world like Box8, Piper Biosciences, Innov8, CarterX, ICE Creative Excellence and others.
Subramanian was ranked fourth after Kiran Mazumdar-Shawwhen her net worth was around Rs2,500 crore ($381 million). Subramanian and Rajaram first met in the early 1990s at the Engineering college. Rajaram worked with consultancies like Booz Allen Hamilton and PwC before starting his own business with Mu Sigma.
However, 2016 was not good as the company faced an internal crisis when Subramanian and Rajaram got divorced, and many employees left the company in the crisis. This led to a chaos to a business. In 2016, Mu Sigma's revenues fell to $165 million, from $184 million and the fall reduced when Rajaram bought out Subramanian's stake. Ambiga Subramanian is now working for her startup and not given much public appearance.
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