Early Life
Ravi Jaipuria was born in Delhi, India, in 1954, into a Marwari Hindu family with a background in business. He completed his schooling in Delhi and pursued business management studies in the United States.
Rise to Success
After returning to India in 1985, Jaipuria joined the family business as a bottler for Pepsi-Cola. In 1987, following a family division, he received a bottling plant as his share. He then founded Varun Beverages in 1995, which became one of PepsiCo's largest bottling partners outside the U.S.. Jaipuria expanded his empire further by establishing Devyani International, the largest franchisee of Yum! Brands in India, operating KFC, Pizza Hut, and Costa Coffee outlets.
Key Business Strategies
Jaipuria's business acumen is evident in his strategic decisions. He transformed Varun Beverages into a major player by focusing on efficient operations and strategic partnerships with PepsiCo. He also expanded his portfolio through Devyani International, capitalizing on the growing demand for fast food in India. He led both Varun Beverages and Devyani International to successful IPOs.
Philanthropy
Beyond his business ventures, Ravi Jaipuria is actively involved in philanthropic activities. He has supported education, healthcare, and community development through various initiatives. He founded the Jaipuria Charitable Foundation and the Jaipuria Institute of Management.