#2421

Venkateswarlu Jasti

India 77 years old

Overview

Source of Wealth
Pharmaceuticals
Industry
Healthcare
Residence
Hyderabad

Assets

  • Suven Life Sciences
    153,231,000 shares @ -
    -
    530239-IN
  • Suven Pharmaceuticals
    25,200,000 shares @ -
    -
    543064-IN

Biography

Gets wealth from the sale of a substantial stake in listed Suven Pharmaceuticals in 2022 to global private equity firm Advent International.

He cofounded Suven Pharma with his wife Sudharani in 1989.

He is chairman and Chief Executive of Suven Life Sciences which he cofounded in 1989.

The Hyderabad company was demerged in 2020 when Suven Life Sciences, which focuses on neuroscience therapies, was spun off and listed separately.

About

Her son Venkateswarlu Jasti ran a chain six of community pharmacies in the states of New York and New Jersey in the U.S. in the 1970s and 1980s.