Early Life
Ravi Kant Jaipuria was born in 1954 to a Marwari family with a business background in Delhi, India. He completed his schooling in India and later pursued a degree in business management in the United States.
Rise to Success
Jaipuria returned to India in 1985 and joined his family's business as a bottler for PepsiCo. Following a family division in 1987, he received a bottling plant, which became the foundation of his empire. He founded Varun Beverages in 1995. Under his leadership, Varun Beverages has become the second-largest bottling partner for PepsiCo outside the US. In addition to beverages, Jaipuria expanded his business interests by establishing Devyani International, the largest franchisee of Yum! Brands in India, operating KFC, Pizza Hut, and Costa Coffee outlets. He also holds a minority stake in Medanta, a healthcare firm.
Key Business Strategies
Jaipuria's success stems from strategic foresight and operational excellence. He expanded Varun Beverages' operations across numerous countries, including India, Nepal, Sri Lanka, and parts of Africa. His focus on quality, sustainability, and innovation has been instrumental in VBL's growth. He also diversified into fast food, dairy, and healthcare to create a robust business portfolio.
Philanthropy
Beyond his business ventures, Jaipuria is involved in philanthropic efforts, particularly in education and healthcare.