Early Life
Abhay Soi, born in Delhi, comes from a family with a strong emphasis on education. His great-grandfather was an engineer with a PhD in hydropower, and his grandfather set up a neon signage business. Soi graduated from St. Stephen's College, Delhi, with a Bachelor of Arts degree. He later pursued an MBA from European University, Belgium.
Rise to Success
Soi began his career as a restructuring professional, working at Arthur Andersen, EY, and KPMG. In 2010, he took over a struggling 650-bed hospital in Delhi, turning it into Radiant Life Care. This was a turning point, leading to the merger with Max Healthcare in June 2020 and its subsequent listing. Soi is credited with transforming Max Healthcare into one of India's leading healthcare providers.
Key Business Strategies
Soi's strategies include a focus on advanced medical technology and quality patient care. He has overseen significant expansion, including the acquisition of several hospitals. The company's expansion strategy includes partnerships, acquisitions, and investments in technology. He is looking to double the number of hospital beds by 2029. The biggest savings have so far come from changing systems and processes, with 3,400 beds they can now command the best rates on everything from medicines to equipment.
Philanthropy
Soi is committed to social responsibility, with Max Healthcare reserving 7.5% of its beds for free services to economically weaker sections of society. He has set up the Soi family foundation with his wife Taruna to focus on healthcare and education for the underprivileged.
