Metropolis Founder Ameera Shah Net Worth Biography, Family, Age In 2023
Ameera Shah received her degree from the HR College of Commerce & Economics in Mumbai. Then she left for additional study overseas.
Updated: May 29, 2023, 22:15 IST
The promoter and managing director of Metropolis Healthcare Limited, a business that manages a network of diagnostic institutes, is Ameera Shah. Dr. Sushil Shah, a pathologist, is her father. Gynaecologist Dr. Duru Shah is her mother. She herself is a finance professional with international training who was employed by Goldman Sachs prior to deciding to launch her own business. She coupled her understanding of business with her father's expertise in medicine to develop a diagnostic colossus with a staggering market worth of Rs 6478 crore.
Ameera Shah received her degree from the HR College of Commerce & Economics in Mumbai. Then she left for additional study overseas. She graduated from the University of Texas at Austin with a degree in finance. She comes from a medical family. Geneticist is her sibling. She completed the Owner-President Management Programme at Harvard Business School after successfully launching her business.
Even though she worked for Goldman Sachs, Ameera Shah claimed in a previous interview that she never felt fulfilled by her position. Even the financial services industry didn't appeal to her. She subsequently left her job and hired just five employees to work on her startup. When she began working on her startup, she was only 21 years old. She followed her father's advice and moved to India since she wanted to make an impact with her career.
When she returned, she discovered that her father's lab had a number of issues. Computers, emails, and systems were nonexistent. In South Mumbai, there was a sizable operation. There was no concept for the diagnostics chain her father sought to build. She subsequently began working towards fulfilling her father's wish.
Ameera Shah began by streamlining operations. According to Your Story, she hired more employees, established new departments to manage the operations smoothly, and developed policies and procedures to ensure the lab ran efficiently.
She had her father's backing. She effectively took over as CEO of her business. She proceeded from the bottom up. On the customer service desk, she turned to face the patients. She also began to find solutions to everyday issues. Additionally, she renamed the business Metropolis instead of Dr. Sushil Shah's Laboratory. They started collaborating with other labs. The initial partnership was with Dr. Srinivasan, a pathologist in Chennai.
The business quickly began to expand. They obtained their initial outside funding in 2006. They put the money they made from the business back into it. They just had one lab in 2002, and it brought in Rs 7 crore. Their income in 2023 was Rs 1148 crore. Their net profit for the March quarter alone was Rs 33 crore. The company currently has over 125 laboratories and over 1500 collecting centers. They have operations in seven nations.
She received recognition from the World Economic Forum in 2015. She was also listed among India's tycoons on the Forbes list.