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IN People ON 15 Sep, 2016
Baba Ramdev claimed that 'Patanjali' will change the fate of this country and established 'Patanjali Ayurveda Pvt. Ltd.' in the Indian market. Acharya Balkrishna is making billions of money in Indian market with the Patanjali's FMCG products range.
The mastermind behind Patanjali products, Balkrishna Suvedi or Acharya Balkrishna is now involved in a forgery case.
Balkrishna Suvedi is the mastermind behind Patanjali Ayurved products.
Balkrishna Suvedi also known as Acharya Balkrishna started his journey as the follower of Baba Ramdev.
Acharya Balkrishna left no stone unturned in making Patanjali Ayurveda a successful FMCG products company. The range of their products is huge.
Balkrishna Suvedi, CEO of Patanjali Ayurveda was declared a billionaire by Hurun India Rich List 2016. He has Rs. 25,600 Crore ($3.82 billion) under his belt.
Around 94% of the stakes of Patanjali Ayurveda are owned by no other than Acharya Balkrishna. Baba Ramdev doesn't have even 1% of the stake in Patanjali Ayurveda Pvt. Ltd.
Just like a business person, Acharya Balkrishna targeted the psyche of Indian audience by using the fan following of Baba Ramdev and making him the brand ambassador; he promoted Patanjali Products worldwide.
Baba Ramdev advertised the products for him saying, we should stop consuming foreign goods and should be dependent on swadeshi (indigenous) products.
The net sales of Patanjali for the year 2015 - 16 recorded Rs. 5,000 Crore. Actors like Jitendra came in front to support Patanjali FMCG products.
Patanjali Ayurveda Pvt. Ltd. donated Rs. 11,00,000 to Bhartiya Janta Party in 2009 elections. It is revealed in RTI response given by election commission.
Acharya Balkrishna was charged with some severe cases of forgery, cheating, and misguiding the police. Balkrishna's all degrees were found fake as there is no record of them in the university and high school which were mentioned by him.
He was also charged with criminal conspiracy for creating all the fake documents to get the Indian Passport. He went into hiding but was later arrested by Central Bureau of Investigation (CBI) in 2012. He also owned a Pistol without a License.
Patanjali owns the maximum number of market shares and is ahead of many established companies like Dabur, Zandu, and Baidyanath.
Patanjali even invested into joint ventures and started exporting their products to countries like USA, Canada, Middle East etc.
Balkrishna even claimed that he keeps his lifestyle low and works 15 hours a day and that too without taking any leaves.
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