Velumani doesn’t own a car. He makes do with a small living quarters above his large lab in Navi Mumbai, but still ends up sleeping in the lab most nights.
Born to a poor landless farmer in a nondescript and obscure village of Appanickenpatti Padur in Tamil Nadu, Arokiaswamy Velumani found himself at the bottom of the ‘ten slices of the pyramid’.
He started his career as a shift chemist at Gemini Capsules, a small pharmaceutical company in Coimbatore, in 1979 and earned a measly sum of ₹150 every month. The curtains came down on the company three years later and Velumani found himself without a job.
After 14 years of servitude at BARC, Velumani put in his papers. He decided to channel his expertise in thryoid biochemistry to set up testing labs that detected thryoid disorders. With Rs. 1,00,000 from his provident fund, Velumani, at the age of 37, opened a shop in Byculla, South Mumbai.
Thyrocare is worth ₹3,377 crore ( on may 2016 ) and has made its debut on Indian bourses! Velumani owns a 64% stake in the company, which makes him worth ₹2,158 crore!