RJ Corp runs PepsiCos second-largest bottler outside the US, Varun Beverages (VBL), as well as Devyani International (DIL), which is the operator of KFC, Pizza Hut and Costa Coffee outlets in India. Both companies, named after the founders children, Varun and Devyani, are listed. The group is also involved in healthcare and education.
Ravi Jaipuria has formalised the succession plan at the $3-billion RJ Corp, with his son getting the food & beverages business, and his daughter taking charge on the healthcare and education side.
Ravi Jaipuria: RJ Corp runs PepsiCo’s second-largest bottler outside the US, Varun Beverages (VBL), as well as Devyani International (DIL), which is the operator of KFC, Pizza Hut and Costa Coffee outlets in India. Both companies, named after the founder’s children, Varun and Devyani, are listed. The group is also involved in healthcare and education.