People: Piramal Enterprises Ltd (PIRA.NS)
24 May 2019
Mr. Anand Piramal serves as Additional Director of the company. Mr. Piramal founded Piramal Realty in 2012. Piramal Realty aspires to be one of India’s most admired developers and has acquired a land bank of over 10 mn square feet in Worli, Byculla, Kurla, Thane and Mulund. The Company seeks to set a new benchmark of design, quality and customer centricity in our country. In 2015, Warburg Pincus and Goldman Sachs committed to invest US$434 million for an entity level stake in the Company. Prior to his stint at Piramal Realty, Anand founded a rural healthcare start-up called ‘Piramal eSwasthya’. At eSwasthya, he spearheaded the acquisition of HMRI (Health Management Research Institute). Today, the merged entity, ‘Piramal Swasthya’, is India’s largest private primary healthcare initiative, with 3,500 employees, 450 doctors, serving 70,000 patients daily, across 11 states through its health hotlines, mobile medical units and telemedicine centres. In 2015, it won the ‘Times Social Impact’ Award and in 2013 the Forbes Philanthropy Award. A Harvard Business School case study written about the initiative ‘Piramal e Swasthya: Attempting Big Changes for Small Places’ is taught at many leading academic institutions such as Harvard and IIM. Mr. Piramal graduated in Economics from the University of Pennsylvania, and earned an MBA from Harvard Business School in 2011. He is the youngest President of the Youth Wing of the 100-year-old Indian Merchant Chambers.
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