This Man Couldn’t Afford Basic Necessities Like Slippers, Later Built Rs 3000 Crore Company

Velumani, founder of Thyrocare Technologies, was born to a landless farmer. His family struggled financially, to the point where they couldn’t afford basic necessities like slippers for their children.

Despite the hardships, Velumani pursued education. He earned a degree in Chemistry and Biochemistry, followed by a PhD in Thyroid Physiology, which later became the foundation for his thriving diagnostics business.

Velumani spent 15 years at BARC Mumbai, honing his expertise in the medical field. This experience helped him lay the groundwork for starting his own business, which would later revolutionize diagnostics in India.

With limited resources, Velumani founded Thyrocare Technologies, a network of diagnostic and preventive care laboratories. His vision was to make healthcare affordable and accessible to the masses.

Starting from humble beginnings, Velumani’s relentless hard work transformed Thyrocare into a billion-dollar enterprise. As of April, the company’s market value soared to Rs 3300 crore, a testament to his leadership.

Despite his success, Velumani admitted to losing Rs 1400 crore in a startup investment. Instead of letting it hold him back, he used it as a lesson in resilience, continuing to push forward with his ventures.

Velumani’s journey from poverty to building a business empire is a true inspiration. His story highlights that with persistence and determination, anyone can overcome challenges and achieve extraordinary success.