BRS Ventures makes headlines in its entrepreneurial journey, building trust and expanding growth opportunities. Here's a look at some of them.
Guided by the belief that education provides opportunity, B.R. Shetty’s family foundation is building schools in his home country. His focus is shared by quite a few other philanthropists. B.R. Shetty built a fortune in healthcare, starting more than four decades ago with a single pharmacy in Abu Dhabi that has grown into a chain of hospitals across the United Arab Emirates. To give back, the Indian billionaire is putting his philanthropic efforts toward education.
Dr BR Shetty is founder and non-executive chairman of Abu Dhabi-based NMC Healthcare, one of the largest private healthcare providers in the UAE. Now Dr Shetty has set his eyes on the Indian subcontinent through BR Life, a part of BRS Ventures, to roll out hospitals and health centres.
BR Life entered India in 2013. However, it’s only in the last two years that the group has come into prominence with a series of acquisitions. What is the reason for this renewed thrust in India?
In February, Indian Prime Minister Narendra Modi embarked on an official tour of the Middle East, including Palestine, Oman and the UAE.
The Indian community is the most populous expat community in the Gulf, and probably the most successful too. Many are long time residents of the region, having come to the Gulf much before the advent of oil that prospered the local economies.
The company plans to pump in more funds to the GCC’s largest economy with $136 million earmarked for investment in the next two years. Billionaire B.R. Shetty, who founded both UAE Exchange and NMC Health, is investing millions in education and healthcare within the Middle East and in India through public private partnerships model.
Dubai has enjoyed the fastest growth of any city in the region over the past 20 years, on the back of urbanisation and building a financial system.
A Q&A with Mr. Binay Shetty, Vice Chairman and CEO, BRS Ventures on BR Life’s plan and the healthcare market in India – with the Medical Buyer Magazine.
23 April 2018: Noted UAE-based businessman and philanthropist, Dr. Bavaguthu Raghuram Shetty announced the creation of “Finablr”, a new holding company which, subject to regulatory approvals, will consolidate his global portfolio of financial services brands under one single umbrella. Incorporated in the UK, Finablr will provide strategic direction and oversight for the category-leading brands across […]
Despite the abysmal doctor-patient ratio in India, healthcare is one of the largest sectors in India in terms of revenues and employment according to India Brand Equity Foundation. Elaborating on how access to quality healthcare is one the biggest challenges in India currently, Abu Dhabi-based Indian billionaire B.R. Shetty, founder and chairman of BRS Ventures, says that the healthcare system in the UAE is “well regulated with ethical practices in place”.
Forbes released its list of the world’s billionaires on March 6, 2018. Out of the 2,208 billionaires world-wide, India had 121 entries putting the South Asian country just behind the U.S. and China, with the third largest group of moneyed individuals. Reliance Industries Chairman Mukesh Ambani is the richest Indian on the globe with a net worth of $40.1 billion, making him the 19th richest person in the world.