Early Life
C.C. Paarthipan's journey began from a modest background. He hails from a family of farmers in a village near Gummidipoondi in Tiruvallur district. He started his career in the pharmaceutical industry in 1985 as a medical representative after completing a BA degree in history.
Rise to Success
Paarthipan founded Caplin Point Laboratories in 1990. The company was listed in 1994, and its initial public offering (IPO) was oversubscribed 117 times. Paarthipan steered Caplin Point towards the less-charted markets of Latin America and Africa, which proved to be a pivotal strategic move, differentiating the company from competitors. The move was a success, with revenues growing substantially and earning the company recognition on the Forbes Asia's Best Under A Billion list for two consecutive years.
Key Business Strategies
Paarthipan's key business strategies include a focus on emerging markets, particularly in Latin America and Africa. He established an end-to-end business model, controlling manufacturing, importing, and distribution. He has built a business model focused on the “bottom of the pyramid.”
Philanthropy
While specific philanthropy amounts are unavailable in the search results, Paarthipan's commitment to societal contributions is evident through his establishment of Caplin Point Meenakshi CSR Trust, demonstrating his dedication to corporate social responsibility.
