“Persevere, stay resilient and be trustworthy while keeping an eye on the end goal!”
MR MANCHANDA
Om Manchanda wins the EY Entrepreneur of the Year - 2019 Award Life Sciences & Healthcare
Dr Om Manchanda has steered Dr Lal PathLabs from a small Delhi-based pathology laboratory to be India’s largest diagnostic service provider.
He has not only transformed the company but changed the face of the entire industry by making it as a consumer facing service. Under his leadership as a CEO, and then as Managing Director, the company valuation has moved up over 225 times from just over Rs. 100 Cr in may 2005 to over Rs. 25000 Cr in Dec 2024.
PAST DOES NOT EQUAL THE FUTURE
At 15, Om had little idea about building a career. But he knew
joining the agricultural university at Hisar would be the ticket out of his tiny village.
Follow the inspiring journey of this village teenager who embarked
on a path of self-discovery to make it to the top.
A leap of faith
It was the summer of 2005. Om, then with Ranbaxy, was vacationing
with his family in Kashmir when he got a call from a global headhunter about a lucrative role in
a family-owned pathological lab based in Delhi.
Discover how the young corporate executive left a secure job with
a pharma giant to bet on a little-known, homegrown diagnostics company.
Finding inner peace in nature
Om’s love for nature prompted him to join the mountaineering club
in college. At 17, he trekked the Milam Glacier in the Himalayas. Over the years, his passion
transcended boundaries. In 2022, he climbed the mighty Mt Kilimanjaro.
Peek into his stunning memoirs and experience his sojourn in the
mountains.
Words of Wisdom
“I used to read and ponder over books on Jack Welch and how he
transformed GE. Then I realized that he managed an American company in an American way. We Indians
have a different paradigm of leadership wherein our people are willing to go that extra mile when
they believe their leader genuinely cares for them.”
“In the long run, I don’t see many MNCs succeeding in India except
those in the technology space. Time is right for native Indian companies to flourish provided they
are able to delink between financial control and management control.”
Build lasting institutions and brands
Trusted by Industry Professionals
We all know how difficult it is to scale up a healthcare venture in India. You have showed how it can be done ethically with long term focus and solid brand building.
Vikram Vuppala
Founder & CEO, NephroPlus
We share common bonds to when we were all little birds on a branch. I am so proud of how well you have done in life – not your material success but your kindness of heart and humility.”
Suresh Narayanan
Chairman and Managing Director, Nestle India
When I met you for the first time, I saw the passion, the energy and the sharp intellect you possessed coupled with a team which was capable of handling a business +10x your size at that time. Clearly, you were living your values all the way.
Ari Sarker
President (Asia Pacific), Mastercard
You have achieved amazing success and yet remained your humble self. It is a privilege for me to call you one of my closest friends.
Kanwaljit Singh
Founder and Managing Partner, Fireside Ventures
I am extremely proud to see what you have achieved without compromising your Core Values and Beliefs and remaining grounded.
JV Raman
Operating Advisor, Multiples Alternate Asset Management
Despite achieving tremendous standing in his professional career, Om remains a humble man and an exemplary leader.
Dr Shailesh Ayyangar
Value Accelerator Sector Advisor, Goldman Sachs Asset Management (Healthcare)
