Radhika Merchant, who got engaged to the younger son of the richest man in India, Mukesh Ambani is the daughter of Viren Merchant. Viren Merchant is the CEO and vice-chairman of Encore Healthcare, a global contract manufacturer in the pharma industry. Viren Merchant is considered one of the top players in the healthcare industry. Radhika’s mother Shaila Merchant is a successful businesswoman who co-founded Encore Healthcare and is now the managing director of the company. While Radhika herself is making waves as an emerging businesswoman and socialite, her father’s wealth is a topic that often piques interest. Let’s delve into the details to decode Viren Merchant’s net worth.
Viren Merchant’s net worth
Viren Merchant is a prominent figure in the Indian business community, with a career spanning several decades. He has been involved in various business ventures, primarily in the realm of finance and investment. Over the years, with his hard work and dedication, Viren has turned Encore Healthcare into one of the biggest healthcare industries. Despite being a billionaire Viren Merchant maintains a low profile. The projected net worth of Viren is estimated to be Rs 755 crore, while the total worth of Encore Healthcare is Rs 2000 crore, as reported by Forbes.
As per Forbes, Viren is also the director of many leading companies in India, including Encore Business Centre Private Limited, Encore Natural Polymers Private Limited, ZYG Pharma Private Limited, Sai Darshan Business Centres Private Limited, and Encore Polyfrac Products Private Limited.
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According to Forbes, Radhika’s mother Shaila Merchant also holds directorial positions in several other companies like Atharva Impex Private Limited, Haveli Traders Private Limited, and Swastik Exim Private Limited.
Viren Merchant’s assets
Viren Merchant along with his wife Shaila Merchant founded Encore Healthcare together in 2002. By building a resourceful ecosystem of service providers, the innovative online healthcare platform ENCORE connects everyone to the full range of healthcare services and solutions.
The company calls itself a ‘people-oriented organisation’ and its goal is to provide accurate and efficient healthcare services by connecting healthcare service providers, patients, and consumers in one network despite the wide range of both online and offline healthcare services. Later in 2008, Encore Healthcare expanded with a special Research and Development (R&D) department.
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