Patanjali Ayurved

Patanjali Ayurved
Company typePrivate[1]
IndustryConglomerate
Founded13 January 2006; 18 years ago (2006-01-13)
Founder
Headquarters
Haridwar, Uttarakhand
,
India
Area served
[2]
Key people
Balkrishna
(chairperson, managing director & CEO)
Products
RevenueIncrease₹9,872 crore (US$1.2 billion) (2021)[3]
Increase₹485 crore (US$58 million) (2021)[3]
OwnerBalkrishna (94%)
Number of employees
6,395 (November 2023)[4]
Subsidiaries
Websitepatanjaliayurved.net Edit this at Wikidata

Patanjali Ayurved is an Indian multinational conglomerate holding company, based in Haridwar. It was founded by Ramdev and Balkrishna in 2006.[5] Its office is in Delhi, with manufacturing units and headquarters in the industrial area of Haridwar.[6] The company manufactures cosmetics, ayurvedic medicine, personal care and food products.[7] The CEO of the company, with a 94-percent share hold, is Balkrishna. Ramdev represents the company and makes strategic decisions.[8][9][10] The company has faced various controversies over its misleading promotions and false claims for COVID-19 treatment.[11]

  1. ^ "Patanjali CEO Acharya Balkrishna Among India's Richest: ChaMagazine". NDTV. NDTV. 18 September 2016. Archived from the original on 27 September 2022. Retrieved 10 January 2017.
  2. ^ "Patanjali to launch 'Swadeshi' jeans soon, exploring global markets with FMCG". Firstpost. 12 September 2016. Archived from the original on 7 May 2023. Retrieved 4 December 2016.
  3. ^ a b "Patanjali Ayurved clocked 14% jump in profit in FY21: Tofler data". 2023.
  4. ^ "Patanjali Ayurved". Tracxn. 4 May 2024. Retrieved 9 May 2024.
  5. ^ Bahree, Megha (26 October 2016). "India's Baba Ramdev Billionaire Is Not Baba Ramdev". Forbes. Retrieved 16 February 2017.
  6. ^ Aradhak, Purusharth. "430 acres allotted to Patanjali". The Hindu. Archived from the original on 20 January 2023. Retrieved 26 February 2017.
  7. ^ Worth, Robert F. (26 July 2018). "The Billionaire Yogi Behind Modi's Rise". The New York Times. ISSN 0362-4331. Archived from the original on 5 June 2023. Retrieved 13 July 2021.
  8. ^ Vyas, Jwalit (29 February 2016), "Baba Ramdev's Patanjali starts to take a toll on some FMCG firms", The Economic Times
  9. ^ "Baba Ramdev is just the face, it's Acharya Balakrishna who is behind Patanjali's Rs 10,561 cr turnover". Business Today. 4 May 2017. Archived from the original on 3 October 2020. Retrieved 30 May 2021.
  10. ^ Findlay, Stephanie; Singh, Jyotsna (6 August 2020). "India's yogi tycoon angers critics with coronavirus 'cure' kit". Financial Times.
  11. ^ Cite error: The named reference BBC Coronil was invoked but never defined (see the help page).