Anand Piramal

After graduation, Piramal founded Piramal eSwasthya, a rural-health initiative in Rajasthan that later became part of the Piramal Foundation’s primary-care work. In 2010, he acquired the Health Management Research Institute (HMRI) and merged it with eSwasthya; the combined programme adopted the name Piramal Swasthya.^[9] Following the merger, the initiative expanded through public–private partnerships with state governments, operating across 20 Indian states, and was described as India’s largest private primary healthcare initiative. In 2012, Piramal stepped down as CEO, after which the organisation emphasised maternal health among vulnerable populations.^[1] A Harvard Business School case study uses the experience to illustrate how cross-sector collaboration can support innovation at scale.^[10][11]

In 2012, he founded Piramal Realty, the group’s real-estate business.^[2] In July 2015, Warburg Pincus agreed to invest about US$284 million for a minority stake, followed in August 2015 by Goldman Sachs investing ₹900 crore; the deals were reported among the larger private-equity bets in Indian real estate at the time.^[12][13] Piramal has also served as an executive director of the Piramal Group / Piramal Enterprises.^[4][14]

• The Economic Times 40 under 40 – 2024^[15]
• Fortune India 40 under 40 – 2024^[16]