He is known as India’s ‘Cola King’. A net-worth of $10 billion, he is the owner of multi-baggers like RJ Corp, Varun Beverages, and Devyani International! It’s none other than Ravi Jaipuria and here’s how he built a business empire from a family division👇
With #Marwari trading lineage in his genes, his father, Chunilal Jaipuria was the man behind Bank of Rajasthan and owner of a bottling franchise for Coca Cola.
Driven by a desire to start a career in the West, Ravi left for a business management program in New York and then later on settled in Montreal to pursue his interests in textiles and real estate.
But fate had something else in store for him.
1985 turned out to be a difficult year as he lost his wife in a plane crash who had set out to bring back their daughter from India.
This incident made him return to India where he has continued to be ever since.
1987 was another difficult year as his family business was divided and he was left with just a single bottling plant in Agra.
This did not deter his will.
He took to bottling for Pepsi and expanded into fast food business.
He picked up franchises of KFC and Pizza Hut.
Went on to establish critical partnerships with Costa Coffee, Vaango, and Swensen.
With businesses named after his two children – Varun Beverages and Devyani International, he is working on a global mission as it spreads its footprint in Asia, Africa, and the Western world.
Here’s how both the major subsidiaries of RJ Corp performed Y-o-Y:
▶️ Devyani International: Revenue jump of 44.2% at INR 3030 cr.
▶️ Varun Beverages: Revenue jump of 75.5% at INR 3903 cr.
With a firm based on a clear vision, RJ Corp is poised to take on the world!
P.S.: This post is in no way promotional in nature of any product type.
-------------------------------------------------------------------
Follow Devan Bhalla for your business x brand content 😊 (+ Join a community of 5k+ learners here: https://lnkd.in/giPzpjWm )
#Pepsi #entrepreneurship #FMCG #business #DBytes