NEW DELHI: Ravi Jaipuria is a billionaire Indian businessman and promoter of two listed corporations – Varun Beverages Ltd and Devyani International Ltd. Ravi Jaipuria, presides over RJ Corp. which is into all the pieces from drinks and quick meals to healthcare and schooling. Ravi Jaipuri is also referred to as the ‘Cola King’ of India.
Background
Born in 1953, Ravi Jaipuria accomplished his schooling within the nation and later went to the US to pursue enterprise administration. The youngest of three brothers, Jaipuria returned house in 1985 to hitch the household enterprise as a bottler for US mushy drink maker Coca-Cola. Following a division of the household enterprise in 1987, Jaipuria obtained one bottling plant as his share and subsequently switched to working with PepsiCo – Coca-Cola’s rival American mushy drink maker. Ravi Jaipuria is married and has two kids – son Varun Jaipuria, who’s the Executive Director of RJ Corp, and daughter Devyani, who manages Devyani International Ltd.
Ravi Jaipuria’s Business Ventures
The enterprise tycoon cemented his maintain over the drinks market in India ever since he took over his brother’s profitable Pepsico Delhi franchise for an undisclosed quantity. Jaipuria’s firm – Varun Beverages, which he named after his son – is without doubt one of the American Beverages large PepsiCo’s largest bottlers exterior the United States. Devyani International Ltd is ‘Yum’ Brands’ largest franchisee in India and one of many nation’s largest chains of fast service eating places. It additionally operates manufacturers like KFC, Pizza Hut, and Costa Coffee in India. Devyani International Ltf, which received listed in August 2021, has considerably contributed to his rising fortune. Several notable manufacturers like Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices, and PepsiCo are manufactured and distributed by Jaipuria’s firm RJ Corp. He additionally additionally holds minority stakes in listed funds lodge chain Lemon Tree and in healthcare agency Medanta.
Winner Of Several Prestigious Awards
He is the recipient of a number of prestigious awards. He was given PepsiCo’s award for International Bottler of the Year in 1997. The industrialist was additionally acknowledged on the PHD Annual Awards for Excellence 2018, the place he obtained the ‘Distinguished Entrepreneurship Award’.
Net Worth
With over Rs 73000 crore internet value, Ravi Jaipuria is India’s 18th and the world’s 333rd richest particular person, in accordance with Forbes. As of April 2023, Jaipuria’s internet value was estimated to be round USD 8.9 billion.
