Meet man, who bought Rs 1200000000 farmhouse in Delhi, took family business to Rs 2 lakh crore, he is…, his net worth is Rs…
GH News February 07, 2025 05:06 PM
Varun Jaipuria promoter and full-time director of Varun Beverages Limited (VBL) has made significant strides in taking his family business to new heights. In 2023 his company was honored with PepsiCos prestigious Bottler of the Year award. VBL listed on the Indian stock market is PepsiCos largest bottling partner in India producing popular beverages like Pepsi Mountain Dew 7UP Sting Mirinda Slice Tropicana and Aquafina. Early Life And Family Legacy Born into a family with business Varun is the son of Ravi Kant Jaipuria founder of RJ Corp which operates brands like PepsiCo KFC and Pizza Hut in India. After completing his schooling at Millfield School in England Varun earned a degree in International Business from Regent’s University London and later completed a leadership program at Harvard Business School. In 2009 at the age of 22 Varun joined the family business and was entrusted with managing a new acquisition in Sri Lanka. His sharp business acumen and leadership helped VBL achieve over 90% of PepsiCo’s beverage sales in India. Varuns Net Worth Under Varun’s leadership VBL grew into a business with a market capitalization of Rs 1.93 lakh crore as of December 2024. Varun personally holds a 15.40% stake in the company giving him a net worth of approximately Rs 28000 crore. His father Ravi Kant Jaipuria holds 16.70% while RJ Corp controls 25.69% of the shares. In 2023 VBL received PepsiCo’s Bottler of the Year award recognizing the company’s operational excellence governance practices and sustainability initiatives. Varun’s efforts have been instrumental in transforming VBL into PepsiCo’s largest franchise outside the United States. Varun Beverages Milestones  Varun’s strategic vision has propelled VBL into new territories. The company has recently expanded production capacities by setting up new plants in Gorakhpur (Uttar Pradesh) Khurda (Odisha) and the Democratic Republic of Congo (DRC) boosting production by 45% compared to 2022. VBL is also acquiring a Pepsi bottling unit in Ghana to strengthen its foothold in the African market. Record-Breaking Farmhouse Purchase Varun Jaipuria made headlines when he purchased a Rs 120 crore farmhouse in Delhi’s posh Westend Greens area. The property spans 2.5 acres and previously belonged to jewelers Manoj Kumar Samdaria and Sarla Jain. Registered on June 20 2024 the deal is one of the most expensive real estate transactions in Delhi. Looking ahead VBL is actively working to raise Rs 7500 crore to further its expansion plans in domestic and international markets. The company is focused on solidifying its position in emerging markets and continuing its growth trajectory.
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