Ravi Jaipuria is an Indian billionaire industrialist and chairman of RJ Corp. Under his company, RJ Corp, he manages Varun Beverages which is one of the largest bottling partner for PepsiCo's soft drink brands outside the US, and Devyani International, which is India's largest franchisee of Yum! Brands and operates KFC, Pizza Hut, Costa Coffee and TWG Tea outlets. He is referred to as India's cola king.
Jaipuria studied business management in the United States and returned to India in 1985. He joined the family business as a bottler for Pepsi-Cola. He also holds a minority stake in Medanta, a health care firm. In 2013, Jaipuria, through his company Varun Bevrages, took over his brother CK JaipuriaâÂÂs Pepsi products manufacturing and marketing business in Delhi.
Varun Beverages got listed on BSE and NSE after an initial public offering in 2016. Devyani International got listed on the BSE and NSE after its IPO in 2021. In October 2024, Jaipuria was ranked 14th on the Forbes list of IndiaâÂÂs 100 richest tycoons, with a net worth of $17.3 billion.
He is married to Dhara Jaipuria. They have two children, a son Varun and a daughter Devyani. He hails from a Marwari Hindu family.