We are sure you are familiar with Yoga guru Baba Ramdev’s infamous ayurveda brand, called Patanjali. Well, he may be the face of the brand, the brains behind is another one of our youngest billionaires, Acharya Balkrishna. In fact, Balkrishna owns 98.6% of the privately held company, which he co-founded with Baba Ramdev.
Did not know Baba Ramdev had a co-founder.
The initial investment came from NRI followers of Baba Ramdev, Sunita and Sarwan Poddar.
Poddars own 7.2% of Patanjali. (Times Of India)