Spend less to grow more? How Thyrocare founder Velumani did it

Any business seeking success often follows a predictable script: raise capital, spend rapidly and expand quickly. Dr Arokiaswamy Velumani, however, followed a different playbook. Born into a humble family in Tamil Nadu, he rose from a government research job to becoming the founder of Thyrocare, a diagnostics giant that disrupted the industry, not by raising funds, but by spending less.

This article was originally published on February 04, 2025.