PharmEasy-Thyrocare deal: This is the right time and right w

PharmEasy-Thyrocare deal: This is the right time and right way to exit, A Velumani says


It was the right time and right way to exit, Thyrocare's A Velumani says
PharmEasy is not an individual-run business but an institution, Thyrocare's founder A Velumani says, adding that he sees a lot of similarities between both the companies.
Synopsis
Arokiaswamy Velumani, who quit a government job at the Bhabha Atomic Research Centre to start Thyrocare in 1995, on why he decided to sell his company to PharmEasy and what he plans to do next.
Bengaluru | Kolkata: Arokiaswamy Velumani, promoter of Thyrocare Technologies Ltd., never once regretted quitting his job as a scientist at the Bhabha Atomic Research Centre in 1995, fascinated as he was by the success of entrepreneurs. Had he stayed on, Velumani—who was earning about Rs 5,000 a month then—would have retired this year, but the entrepreneurial urge beckoned and there was no looking back.

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