Rajan Raheja maintains a discreet presence. He hails from the Raheja real estate dynasty in Maharashtra.

Radhakishan Damani, one of India’s wealthiest individuals, acquired Health and Glow from the family offices of Rajan Raheja and Hemendra Kothari for a reported sum of Rs 750 crore. 

Who is Rajan Raheja?

Rajan Raheja is an entrepreneur. His businesses encompass cement, tiles, and automotive. He is also the proprietor of Exide Batteries. Furthermore, he divested a majority stake in Hathway to Mukesh Ambani’s Reliance. Meanwhile, Kothari founded DSP Investment Managers in 2008.

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Radhakishan Damani ranks among India’s richest men. In 2015, he purchased Bombay Swadeshi Stores for Rs 42 crore.

Radhakishan Damani holds 14 stocks and boasts an estimated net worth of Rs 1,66,949 crore. He possesses a 21 percent stake in India Cements.

Health and Glow was established in 1997, inaugurating its first store in Chennai. Presently, they operate 175 stores in major cities. The company’s anticipated revenue for FY 2023 is Rs 370 crore.

Rajan Raheja maintains a low profile, belonging to the Raheja real estate lineage in Maharashtra.

His son, Akshay Raheja, serves on the board of Raheja QBE, General Insurance.

According to Forbes, the combined net worth of the Raheja family is approximately Rs 24,609 crore.