Ranjan Pai

Dr Ranjan Pai (born 11 November 1972) is an Indian medical doctor, businessperson and the chairman of the Manipal Education and Medical Group (MEMG), which runs six universities and twenty eight hospitals across the globe.[1][2][3][4]

Dr Ranjan Pai
Born (1972-11-11) 11 November 1972
Manipal, Karnataka, India
NationalityIndian
CitizenshipIndian
EducationMedical graduate from Kasturba Medical College, Manipal and Fellowship in Hospital Administration in the United States
Occupation(s)CEO and MD of the Manipal Education and Medical Group (MEMG)
Parent

Early life and education

Ranjan Pai was born to Ramdas Pai who is a Padma Bhushan awardee 2011 and chancellor of the Manipal Academy of Higher Education (MAHE).[5] His grandfather, T. M. A. Pai (Tonse Madhava Ananth Pai), set up the Kasturba Medical College, the country’s first private, self-financed medical college in 1953.[6]

Pai completed his graduation from Kasturba Medical College, Manipal and his fellowship in Hospital Administration in the United States[7]

Career

Ranjan Pai began his career as the managing director of the Melaka Manipal Medical College in Malaysia.[3][8] He initially planned to continue with the family’s not-for-profit education trust, Manipal Academy of Higher Education (MAHE), but later changed his mind and joined MEMG’s business. He started MEMG in the year 2000 out of a rented house in Bengaluru with a capital of $200,000. Now the entity is valued at around $3 billion.[9]

References
  1. "Paradise Papers: Ranjan Pai of Sikkim Manipal University used offshore vehicles to fuel credit". The Indian Express. 9 November 2017.
  2. "dr ranjan pai: Latest News & Videos, Photos about dr ranjan pai | The Economic Times - Page 1". The Economic Times.
  3. "Ranjan Pai: Building a healthcare empire". www.fortuneindia.com.
  4. "Forbes India - How Ranjan Pai Is Striving To Make Manipal Hospitals India's Biggest Health Care Player". Forbes India.
  5. "Ranjan Pai tops list of India's star entrepreneurs after Fortis-Manipal deal". Hindustan Times. 29 March 2018.
  6. "Ranjan Pai Investor Profile: Portfolio & Exits | PitchBook". pitchbook.com.
  7. "Q&A: Ranjan Pai, The Billionaire Entrepreneur Who Broke The Jinx Of Buying A Healthcare Chain. What Next - An IPO?". Moneycontrol.
  8. "Ranjan Pai: The Benevolent Investor". Forbes India.
  9. "Dr Ranjan Pai - Managing director & Chief Executive Officer Manipal University in Jaipur". jaipur.manipal.edu.
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