Dr. B. R. Shetty is the Founder and Chairman of Unimoni, NMC Healthcare, Finablr, Neopharma and BRS Ventures.
Leader, visionary and consistent value creator, Dr. Shetty is a professional entrepreneur, pillar of the community and social servant, who follows his heart and intuition. He has explored untapped markets and paved new paths in his successful entrepreneurial journey in the UAE, starting multiple businesses and learning the nuances of different industries, quickly and expertly.
He started his innings in 1975 with the launch of New Medical Centre (NMC), the first private healthcare facility in UAE. His distinctive capabilities and foresight have transformed the healthcare industry in the region. His commitment to provide state-of-the-art facilities enabled NMC to be listed on the London Stock Exchange and to be included in the coveted FTSE100 index. NMC has also been inducted into the exclusive club of the MSCI Global Index.
The burgeoning expatriate population in UAE triggered the need for a formal and safe money transfer channel. Dr. Shetty sensed an opportunity in that challenge and ventured into the remittance sector by launching UAE Exchange; which is now a leading global remittance, foreign exchange and payment solutions brand. He identified an opportunity in the currency exchange business and acquired Travelex, the world’s leading foreign exchange specialist. With this acquisition, he was successful in bringing two category leaders under a single umbrella. All these leading brands are now a part of the recently formed holding company – Finablr.
In a step towards backward integration into the healthcare sector, Dr. Shetty set-up Neopharma in 2003. Neopharma is a state-of-the-art manufacturing facility and has collaborations with multinational companies like Pfizer, Merck, Abbot Laboratories, Hetero Pharmaceuticals and Biocon, to name a few. Recently, Neopharma acquired an antibiotic manufacturing facility in the USA.
The diversified business interests of Dr. Shetty, led him to open quality institutions in the education, hospitality, and environment sectors. He recently acquired the Assam Tea Company in India.
As a part of the strategy to provide innovative solutions across varying verticals, Dr Shetty has recently established BRS Ventures. The company has already earned itself the reputation as one of the leading and premium business groups in the UAE. The company has also established a global presence with successful acquisitions and strong partnerships.
With the belief of giving back to the country, Dr. Shetty has established a leading healthcare services brand – BR Life. Headquartered in Bengaluru, BR Life currently operates multi-specialty healthcare facilities in India, Nepal, Africa and Middle East. The Seven Hills Hospitals, located in Mumbai and Visakhapatnam, are the latest additions to BR Life.
Dr. B. R. Shetty’s business accomplishments and exceptional social work have earned him the Order of Abu Dhabi, the highest civilian honour bestowed by the Government of Abu Dhabi. He is a recipient of the prestigious Padma Shri award, one of the highest civilian honours of the Government of India. The former President of India, the late Dr. APJ Abdul Kalam conferred upon him the Pravasi Bharatiya Samman Award, for his outstanding contribution towards the betterment of the NRI community.