Dr. Arokiaswamy Velumani’s life is like a novel, which is written with discipline and unwavering belief that systems can be improved if one is willing to improve them. Known as the founder of Thyrocare Technologies, Dr. Velumani is a self-made entrepreneur whose journey from rural life to building one of India’s most efficient diagnostic institutes has inspired many people.
Who is Dr Velumani ?
Dr Velumani is an Indian entrepreneur and the founder of Thyrocare Technologies, a leading diagnostic healthcare company. Dr. Velumani was born in April 1959 in a small village in the Coimbatore district of Tamil Nadu, his childhood was marked by struggles. His father was a farmer and the family lived in a small thatched-roof hut with no electricity for many years.
As a young boy, Velumani walked several kilometres to go to school, he studied under kerosene lamps.
In these early years he learned the value of discipline and self-reliance. Unlike many success stories that are based on early privilege or access to resources, Velumani’s story is grounded in deprivation and poverty, which gave him a will to build something meaningful in life.
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Education Qualification of Dr Velumani
Although there was financial hardship but Velumani was excellent in academics. He did his schooling from Sri Venkateswara High Schook, Coimbatore. Then he earned a bachelor’s degree in chemistry from Sri Ramakrishna Mission Vidyalaya College of Arts and Science, Coimbatore and later completed a Master’s degree in Thyroid Biochemistry from the Bhabha Atomic Research Centre (BARC), Mumbai.
He also did his Doctor’s degree in Thyroid Biochemistry from Bhabha Atomic Research Centre (BARC), Mumbai. During his college years Dr. Velumani also did many part-time jobs life milk vendor, newspaper vending and giving tuitions to support his family financially.
Education, for Velumani, was not merely about degrees, it was about acquiring problem-solving skills and building confidence. His scientific training laid the foundation for his later work in diagnostics, while his life experience taught him efficiency and cost-consciousness.
Dr. Velumani’s Career Beginnings & Inspiring Journey
After completing his postgraduation, Dr. Velumani joined the Bhabha Atomic Research Centre (BARC) in Mumbai as a laboratory assistant, it was a stable and prestigious government job.
Dr. Velumani during his years in BARC realised that diagnostic tests were expensive, slow and inaccessible to large sections of the population. This problem sparked a sense of responsibility in him towards making diagnostic tests affordable for public.
Dr. Velumani Entrepreneurship
In 1995-1996, taking a risk, Dr. Velumani resigned from BARC. With personal savings of roughly Rupees 2 lakh and no external funding, he started Thyrocare. He worked in a small rented space, personally handled operations, marketing and sometimes even sample collection.
His vision was to make a fully automated diagnostic laboratory that focused on preventive health tests delivered at an affordable market price.
Career Highs & Building Thyrocare
Dr. Velumani built Thyrocare keeping three things in mind, i.e., technology-driven automation, standardized processes and cost control. Tests that costed hundreds or thousands of rupees became accessible to middle and lower-income families with the help of Thyrocare.
Over the years, Thyrocare grew into one of India’s largest diagnostic service providers, processing many samples daily from across the country. The company went public in 2016. Dr. Velumani’s rise from a lab assistant to a company founder became a symbol of dedication and hard work. In 2021, Dr, Velumani decided to sell 66% stake of Thyrocare to PharmEasy.
Dr. Velumani’s Wife & Family Details
Behind the public figure, Dr. Velumani is a deeply family-oriented man. Dr. Velumani was married to Sumathi Velumani, who was the main source of emotional strength and support throughout his journey. Sumathi Velumani worked for BARC and later worked for State Bank of India.
Unfortunately, Sumathi Velumani passed away in February 2016, while battling pancreatic cancer. The couple has two children named Anand Velumani and Amruta Velumani; Dr. Velumani has often emphasized the importance of raising them with values of humility, independence and respect for money. Despite his wealth, Dr. Velumani is known for his simple and grounded lifestyle.
Conclusion
Dr. Velumani’s story is not just about building a company; it is about changing the system and making diagnostic tests accessible to all. He showed that healthcare in India could be affordable without compromising quality and that great businesses can emerge from the humblest beginnings.
Dr. Velumani stands as a reminder that success does not require perfect conditions, it only needs clarity of purpose, hard work and the courage to walk away from comfort.
FAQs
Who is Dr Velumani?
Dr Velumani is an Indian entrepreneur and the founder of Thyrocare Technologies, a leading diagnostic healthcare company.
What is Dr Velumani famous for?
He is famous for building Thyrocare from scratch and making diagnostic tests affordable across India.
What is Dr Velumani’s net worth?
Dr Velumani’s net worth is estimated to be in thousands of crores after selling a major stake in Thyrocare.
Is Dr Velumani self-made?
Yes, Dr Velumani is completely self-made and rose from poverty to become a successful businessman.
What business advice does Dr Velumani give?
He often advises discipline, cost control, honesty, and long-term thinking for success in business and life.
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