Balkrishna Explained

Acharya Balkrishna
Birth Date:4 August 1972
Birth Place:Haridwar, Uttarakhand, India
Nationality:Indian[1] [2]
Occupation:Ayurvedacharya, businessman
Known For:Patanjali Ayurved
MD/CEO, Patanjali Ayurved

Balkrishna (known as Acharya Balkrishna,[3] born 4 August 1972) is an Indian billionaire businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by Forbes to have a net worth of billion .[4] [5] [6] According to Ashish Kumar of Arya Samaj, Balkrishna has successfully established and managed a global business without a formal education.[7]

Early life

Balkrishna was born on 4 August 1972 in Haridwar, Uttarakhand (then Uttar Pradesh) to Nepalese immigrants, Sumitra Devi and Jay Vallabh Subedi originating from Syangja, Nepal. He spent his childhood in Nepal. He returned to India and studied at Khanpur Gurukul in Haryana, where he met Ramdev.

Career

On 5 January 1995,[8] Balkrishna, Ramdev, and Acharya Karamveer founded Divya Yoga Mandir Trust which was set up at the Kripalu Bagh Ashram in Haridwar.[9] This was followed in 2005 by the establishment of the Patanjali Yogpeeth Trust, which was given responsibility in 2022 for the establishment and management of the Bharatiya Shiksha Board.[10] [11] In 2006, they founded Patanjali Ayurved,[12] a fast-moving consumer goods (FMCG) company involved in the manufacturing and trading of FMCG, herbal, and ayurvedic products.[13] Followers of Ramdev, NRIs Sunita and Sarwan Poddar, helped kick-start the business with a loan. According to Balkrishna, he had taken out a ₹50–600 million loan at a time when he had never held a personal bank account in his name.[14] In 2012, the company posted a turnover of which by 2015–2016 had risen to .[15] Patanjali Ayurved's revenue from operations increased marginally to ₹9,022.71 crore in the year up to 31 March 2020, Revenue stood at about ₹8,522.68 crore in FY19.[16]

While Ramdev does not hold a stake in Patanjali Ayurved, he is the face of the firm and endorses its products to his followers across his yoga camps and television programmes. Balkrishna owns 94% of the company and serves as its managing director.[17] He is a close aide of Ramdev.[18] Acharya Balkrishna listed in India's 50 most influential personalities 2020.[19] He was reported India's third-youngest billionaire by Forbes India Rich List 2020.[20] He is also second billionaire of Nepalese Origin.[21]

In March 2024, Balkrishna filed an unconditional apology before the Supreme Court for airing misleading advertisements on medicinal cures.

Personal life

Balkrishna lives in Haridwar, Uttarakhand, and is unmarried.[4]

Posts

Awards

Literary career

Acharya Balkrishna published more than 330 research articles in various national and international journals has authored more than 200 books on yoga and Ayurveda and edited many unpublished ancient Ayurveda manuscripts. [42]

External links

Notes and References

  1. Web site: 4 August 2011. Nepal followers celebrate Ramdev Aid Acharya Balkrishna's birthday with pomp. live. https://web.archive.org/web/20200807153705/http://www.daijiworld.com/news/newsDisplay.aspx?newsID=110863. 7 August 2020. 28 May 2021. www.daijiworld.com. en.
  2. Web site: 8 January 2021. बाबा रामदेव से कम नहीं है आचार्य बालकृष्ण का रुतबा अरबपतियों की लिस्ट में है शामिल; ऐसी है लाइफस्टाइल. live. https://web.archive.org/web/20210115135711/https://www.jansatta.com/lifestyle/baba-ramdev-close-aid-balkrishna-is-millionaire-his-power-is-no-less-than-baba-ramdev-know-how-both-meet-each-other/1609674/. 15 January 2021. 28 May 2021. jansatta.com. hi.
  3. Web site: A Billionaire With Fake Degrees And Passport - This Is Patanjali's CEO Acharya Balkrishna. dead. https://web.archive.org/web/20180317035927/https://www.indiatimes.com/news/india/a-billionaire-with-fake-degrees-and-passport-this-is-patanjali-s-ceo-achrya-balkrishna-261720.html. 17 March 2018. indiatimes.com. 16 March 2018.
  4. Web site: Forbes profile: Acharya Balkrishna . Forbes . 28 May 2021.
  5. News: Billionaire Baba: What makes Patanjali's Acharya Balkrishna one of India's richest. 26 September 2017. 16 March 2018. The Economic Times.
  6. Web site: How Acharya Balkrishna built a multi-crore company - Billionaire Baba. The Economic Times. 16 March 2018.
  7. News: 5 August 2017. आचार्य जी गुरुकुलीय परम्परा के गौरव हैं. Hindustan. 31 May 2021.
  8. Book: Gandhi, A. K. . The Rise and Rise of Baba Ramdev and Patanjali . 2021-01-01 . . en.
  9. Book: Sarbacker, Stuart Ray . Gurus of Modern Yoga . 2014 . Oxford University Press USA . 978-0-19-993872-8 . Singleton . Mark . en . Swami Ramdev: Modern Yoga Revolutionary . Goldberg . Ellen.
  10. Web site: establishment of Bharatiya Shiksha Board ]. 2024-05-19.
  11. Web site: responsibility for Bharitiya Shishka Board handed over to Patanjali Yogpeeth Trust . 2024-05-19.
  12. News: 26 September 2017 . Billionaire Baba: What makes Patanjali's Acharya Balkrishna one of India's richest . 17 March 2018 . The Economic Times.
  13. News: 1 July 2015 . Ramdev turns his Ayurved enterprise into an FMCG empire . 29 December 2017 . Business Standard.
  14. Web site: The man who owns 94% of Patanjali Ayurved . The Times of India.
  15. Web site: Singh . Kanishka . 14 September 2016 . How our craze for Patanjali made Ramdev aide Acharya Balkrishna one of the wealthiest Indians . 17 September 2016 . Indian Express.
  16. News: Patanjali revenue up marginally in FY20, net profit rises 22% . Financial Express.
  17. News: 19 September 2016 . Should Patanjali's Dizzying Growth Worry the Competition? . 13 October 2016 . The Wire.
  18. News: 14 September 2016 . Ramdev's close aide and Patanjali CEO Acharya Balakrishna now worth Rs 25,600 crore . 13 October 2016 . DNA.
  19. News: India's 50 most influential personalities 2020 . Yahoo News.
  20. News: Forbes India Rich List 2020: These are India's youngest billionaires . CNBC TV 18.
  21. Web site: Baba Ramdev's Patanjali CEO Acharya Balkrishna's alleged Nepal connection faces Twitter ire, #BoycottPatanjali trends . 2022-01-17 . Newsd.in . en.
  22. News: Ramdev turns his Ayurved enterprise into an FMCG empire. .
  23. News: Acharya Balkrishna receives 'UNSDG 10 Most Influential People in Healthcare Award . .
  24. http://dainiktribuneonline.com/2013/02/%E0%A4%86%E0%A4%9A%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%AF-%E0%A4%AC%E0%A4%BE%E0%A4%B2%E0%A4%95%E0%A5%83%E0%A4%B7%E0%A5%8D%E0%A4%A3-%E0%A4%AA%E0%A4%A4%E0%A4%82%E0%A4%9C%E0%A4%B2%E0%A4%BF-%E0%A4%B5/
  25. Web site: संग्रहीत प्रति . 16 September 2020 . https://web.archive.org/web/20141121095939/http://www.divyayoga.com/grapatanjali-gramodhyog-trust/aims-a-objectives-of-pgtrust.html . 21 November 2014 . dead .
  26. Web site: संग्रहीत प्रति . 17 September 2020. https://web.archive.org/web/20141216092359/http://www.divyayoga.com/divya-yog-mandir/b-undertakings-a-departments/yog-sandesh.html . 16 December 2014 . dead .
  27. Web site: संग्रहीत प्रति . 19 September 2020. https://web.archive.org/web/20160416010439/http://www.patanjaliresearchfoundation.com/patanjali/ . 16 April 2016 . dead .
  28. News: Scholars should promote and strengthen Sanskrit: Lt-Gen Singh. GarhwalPost.
  29. News: Pioneer . The . Acharya Balkrishna receives Champions of Change Award . The Pioneer . en.
  30. News: आचार्य बालकृष्ण को 'चैंपियंस ऑफ चेंज' अवार्ड, पूर्व राष्ट्रपति प्रणव मुखर्जी ने किया सम्मानित . Amar Ujala.
  31. News: Acharya Balkrishna receives UNSDG 10 Most Influential People in Healthcare Award . Business Standard.
  32. News: Acharya Balkrishna (Patanjali Ayurved): Best Wellness Impact Global 2019 . cfi.co.
  33. News: आचार्य बालकृष्ण भीष्म पुरस्कार से सम्मानित . Hindustan Hindi News.
  34. News: आचार्य बालकृष्ण बन गए 'बिजनेस लीडर', मिला एक और अवॉर्ड. .
  35. News: आचार्य बालकृष्ण शालीन मानवरत्न पुरस्कार से सम्मानित . .
  36. News: आचार्य बालकृष्ण के नाम जुड़ी एक और उपलब्धि, इस काम के लिए डी.लिट की उपाधि से हुआ सम्मान. अमर उजाला Hindi News.
  37. News: CNN-News18 Indian of the Year – Indian of the Year in Business – Acharya Balkrishna . news18.
  38. News: News 24 honours man who scares MNCs- Acharya Balkrishna . न्यूज़२४.
  39. News: आचार्य बालकृष्ण लोकमान्य तिलक अवार्ड से सम्मानित . .
  40. News: PATANJALI AYURVED LIMITED. IBEF : India Brand Equity Foundation.
  41. News: Haryana Guv presents Balkrishna 'Bharat Gaurav' award . The Pioneer.
  42. News: Bhaskar. RN . Clinical trials for Ayurvedic cure of COVID-19 are underway, says Patanjali's Acharya Balkrishna . 1 June 2020 . . 9 August 2020.
  43. News: Acharya Balkrishna's birthday celebrated as Herbs Day in Patanjali. TheStatesman.
  44. News: आचार्य बालकृष्ण: धर्म व संस्कृति, आधुनिक, विश्व विख्यात, योग आर्युवेदाचार्य . panchjanya .