P rem Kumar Arora is an Indian billionaire who derives his wealth from a significant stake in Mankind Pharma, one of India's leading pharmaceutical companies. The company was founded in 1995 by his wife's brothers, Ramesh and Rajeev Juneja. Mankind Pharma is best known for its affordable generic medicines and popular consumer healthcare brands like Manforce condoms and Prega News pregnancy test kits.
Arora's fortune is tied to the company's immense growth in the domestic market, where it focuses on low-cost, high-volume products in tier-2 and tier-3 cities. Mankind Pharma generates over $1 billion in annual revenue and has attracted investment from major private equity firms like Capital International and ChrysCapital. Following the company's blockbuster IPO in 2023, the value of Arora's holding surged, placing him among India's wealthiest individuals.
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Prem Kumar Arora is an Indian businessman whose wealth is primarily derived from his stake in the Indian generics maker Mankind Pharma (NSE: MANKIND).
The company was founded in 1995 by his wife's brothers, Ramesh and Rajeev Juneja. Mankind Pharma is a low-cost generics champion generating most of its $1 billion revenue in India.
Prem Kumar Arora's fortune is secured by his large stake in the highly profitable generics company Mankind Pharma. The company's structural contribution is tied to its position as a low-cost generics champion in the massive domestic Indian healthcare market.
The company has attracted major backing from private equity firms, including Capital International and ChrysCapital.
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Mankind Pharma is founded by his wife's brothers, Ramesh and Rajeev Juneja.
Continues to hold a significant stake in the company.
Prem Kumar Arora's wealth is concentrated in his family's substantial stake in the publicly traded pharmaceutical giant, Mankind Pharma.
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+0.21% | +$6.66M
+9.8% | +$201.56M
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