Ravi Jaipuria

Ravi Jaipuria is an Indian billionaire business magnate and chairman of RJ Corp.^[4][5] Under his company, RJ Corp, he manages Varun Beverages which is the largest bottling partner for PepsiCo's soft drink brands outside the US, and Devyani International, which is India's largest franchisee of Yum! Brands and operates KFC, Pizza Hut, Costa Coffee and TWG Tea outlets.^[6][7] He is referred to as India's cola king.^[8][1]

Ravi Jaipuria
Born	Ravi Kant Jaipuria[1]
Nationality	Indian
Occupation	Businessman
Organization(s)	RJ Corp, Devyani International, Varun Beverages, Creambell,[2] J-Mart[3]
Children	2
Father	Chunilal Jaipuria

Education and career

Jaipuria studied business management in the United States and returned to India in 1985. He joined the family business as a bottler for Pepsi-Cola.^[5] He also holds a minority stake in Medanta, a health care firm.^[9] In 2013, Jaipuria, through his company Varun Bevrages, took over his brother CK Jaipuria’s Pepsi products manufacturing and marketing business in Delhi.^[10]

Varun Beverages got listed on BSE and NSE after an initial public offering in 2016.^[11] Devyani International got listed on the BSE and NSE after its IPO in 2021.^[12] In October 2024, Jaipuria was ranked 14th on the Forbes list of India’s 100 richest tycoons, with a net worth of $17.3 billion.^[13]

Personal life

His wife's name is Dhara Jaipuria.^[5][14] He has two children, one son named Varun and a daughter named Devyani.^[6] He hails from a Marwari Hindu family.^[5]

Recognition

• Ravi Jaipuria was awarded the Bottler of the Year by PepsiCo in 1999. He received the award from former US President George H. W. Bush.^[15][1]
• According to Forbes, Ravi Jaipuria ranked #83 in Forbes's India Rich List in 2016.^[9]
• He was placed #73 in Forbes's India Rich List in 2015, #60 in Forbes's India Rich List 2014 and #47 in Forbes's India Rich List 2013.^[9]

References

1. Gupta, Surajeet Das (19 June 2004). "The bottling king of India". Rediff.com. Archived from the original on 26 May 2023. Retrieved 19 May 2020.
2. Sarkar, John (16 December 2015). "Billionaire Ravi Jaipuria set to enter dairy business". The Economic Times. Archived from the original on 26 May 2023. Retrieved 19 May 2020.
3. Bailay, Rasul; Bhushan, Ratna (28 March 2019). "Ravi Jaipuria to exit loss-making grocery retail business". The Economic Times. Archived from the original on 14 September 2019. Retrieved 19 May 2020.
4. Karmali, Naazneen (26 March 2013). "Ravi Jaipuria: India's Bottler-Billionaire". Forbes.
5. Karmali, Naazneen (5 February 2013). "Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire". Forbes. Archived from the original on 9 December 2021. Retrieved 19 May 2020.
6. Sounak, Mitra (17 August 2016). "Ravi Jaipuria's $5-billion dream". Livemint. Archived from the original on 14 February 2021. Retrieved 19 May 2020.
7. Balachandran, Manu (27 November 2019). "India's Richest 2019: KFC's Ravi Jaipuria chicken wings-bet". Forbes India. Archived from the original on 7 August 2020. Retrieved 19 May 2020.
8. Pinto, Viveat Susan (12 April 2014). "Ravi Jaipuria: Cola king of bottling operations". Business Standard. Archived from the original on 27 April 2018. Retrieved 19 May 2020.
9. "Ravi Jaipuria -Rich list". Forbes India. Archived from the original on 3 February 2020. Retrieved 19 May 2020.
10. "Pearl sells Delhi Pepsi business". Law.asia. 22 March 2013. Retrieved 5 February 2025.
11. "#908 Ravi Jaipuria - Billionaires 2020". Forbes. 2020.
12. Dhanjal, Swaraj Singh (3 August 2021). "Jaipurias sell ₹250 cr stake before Devyani IPO". mint. Archived from the original on 26 August 2022. Retrieved 26 August 2022.
13. "India's 100 Richest". India’s 100 Richest. 9 October 2024. Archived from the original on 3 November 2024. Retrieved 6 February 2025.
14. Bhushan, Ratna (4 November 2019). "Living in fast lane is not so tough for Ravi Jaipuria". The Economic Times. Archived from the original on 12 September 2022. Retrieved 19 May 2020.
15. Gupta, Surajeet Das (22 February 2019). "No bottling up: What makes Ravi Jaipuria take new challenges in business". Business Standard. Archived from the original on 28 February 2019. Retrieved 19 May 2020.