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#87
Devi Prasad Shetty and Family
Narayana Hrudayalaya
Net Worth (INR)
₹20,756 Cr
Net Worth (USD)
$2,220 Mn
Location
Bengaluru
Industry
Healthcare Providers, Equipment & Services
The Shetty family’s pioneering logic is that life-saving healthcare is not a luxury, but a commodity that can be democratized through factory-floor efficiency and sheer scale.
The story is rooted in the deep humanitarian ethos of Dr. Devi Prasad Shetty. A brilliant cardiac surgeon who once served as Mother Teresa’s personal physician, Dr. Shetty returned to India from the UK with a radical vision: to apply the "Walmart model" to heart surgeries. In 2001, he founded Narayana Hrudayalaya, using economies of scale to slash the cost of complex bypasses, making world-class healthcare accessible to the masses. As the clinical visionary focused on the operating room, he needed an operational mastermind to scale the business. Enter his son, Viren Shetty. An engineer and Stanford MBA, Viren is the architect of the hospital’s digital transformation and corporate strategy. Serving as Executive Vice Chairman, Viren bridges his father’s medical genius with rigorous corporate systems, ensuring that the Shetty family’s mission of affordable, profitable, and compassionate healthcare continues to scale across India and the Americas.
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