Ravi Jaipuria, a prominent figure in India's business landscape, is widely recognised as India's cola king. With a diverse portfolio of businesses under RJ Corp, he has made a profound impact on India's beverage, food, and healthcare industries. Let's delve into the life and achievements of this billionaire business magnate.
Ravi Jaipuria's journey to becoming an influential business leader began with his educational pursuits.
After studying business management in the United States, he returned to India in 1985, armed with knowledge and a vision for the future. His education laid the foundation for his future success in the business world.
Jaipuria's entrepreneurial journey took a significant turn when he entered the family business as a bottler for Pepsi-Cola. This marked the beginning of his remarkable career in the beverage industry.
Over the years, he transformed RJ Corp into a conglomerate with interests in various sectors, including beverages, fast food, healthcare, and education.
Under RJ Corp's banner, Ravi Jaipuria oversees Varun Beverages, a major bottling partner for PepsiCo's soft drink brands outside the United States. This partnership has solidified his reputation as a key player in the global beverage industry.
One of Ravi Jaipuria's most notable achievements is his role as the chairman of Devyani International.
This company is India's largest franchisee of Yum! Brands, which include iconic brands like KFC, Pizza Hut, Costa Coffee, and TWG Tea. Through Devyani International, Jaipuria has contributed significantly to the growth of fast food culture in India.
In 2016, Varun Beverages, Jaipuria's flagship company, made its debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) through an initial public offering (IPO). This milestone reflected the company's substantial growth and market presence.
Similarly, Devyani International achieved a significant milestone with its IPO in 2021. These public listings highlighted Ravi Jaipuria's acumen in building successful businesses and creating value for shareholders.
In his personal life, Ravi Jaipuria has faced both triumph and tragedy. He is married to Dhara Jaipuria, his second wife after his first wife tragically passed away in a plane crash.
Together, they have two children, Varun and Devyani, who continue to contribute to their family's legacy of business excellence.
Ravi Jaipuria's contributions to the business world have earned him numerous accolades.
In 1999, he was honoured as the Bottler of the Year by PepsiCo, an award presented by former U.S. President George H. W. Bush. This recognition underscored his exceptional achievements in the beverage industry.
According to Forbes, Jaipuria consistently ranked among the wealthiest individuals in India. He secured a spot on Forbes' India Rich List in various years, solidifying his reputation as a prominent figure in India's business elite.
Ravi Jaipuria's legacy extends beyond his success in business. His commitment to innovation, entrepreneurship, and the growth of his companies has left an indelible mark on India's corporate landscape.
As he continues to navigate new ventures and expand his business empire, his influence remains a driving force in India's economic growth.