37 C
Mumbai
Wednesday, March 12, 2025

Ameera Shah: A doctor’s daughter who built Rs 6478 crore healthcare business after quitting Goldman Sachs

Dr. Sushil Shah’s daughter, Ameera Shah, launched Metropolis Healthcare Limited, a Rs 6478 crore diagnostic facility network. She created a Rs 6478 crore diagnostic powerhouse using her commercial skills and her father’s medical knowledge.  

Ameera Shah is one of the people who founded Metropolis Healthcare Limited and currently serves as the firm’s managing director. Metropolis Healthcare Limited is a company that operates a network of diagnostic centers. Her father’s name is Dr. Sushil Shah, and he is a pathologist. Gynecologist Dr. Duru Shah is
Ameera Shah’s mother.

When she made the decision to go into business for herself,  Ameera Shah was an experienced financial expert who had been employed by Goldman Sachs for some time. She received her education in a country other than the United States. She used her understanding of business and merged it with her father’s medical expertise, and the result was the creation of a diagnostic giant with a market valuation that was an astounding Rs 6478 crore.

Ameera Shah received her degree in commerce and economics from the HR College of Commerce and Economics in Mumbai. After that, she continued her education in a different country. She attended the University of Texas in Austin, where she earned a degree in finance. Her entire family is comprised of medical professionals. Her sister is a geneticist. After having much success in getting her business off the ground, she enrolled in the Owner-President Management Program at Harvard Business School.

In a previous interview, Ameera Shah mentioned that despite the fact that she worked at Goldman Sachs, she never found her job to be enjoyable. She didn’t even care for the business of providing financial services. After that, she gave up her job and began working on her new company alongside just five other individuals. When she first began working on her company, she was just 21 years old. She listened to the counsel of her father and traveled all the way to India so that she might make an effect with her career.

Upon her return, she learned that her father’s laboratory was experiencing a number of difficulties. There were no systems, computers, or emails available. It was a significant operation that took place in South Mumbai. Her father had the idea of starting a network of diagnostics centers, but there was no clear plan. After that, she got to work on making her father’s dream a reality.

Ameera Shah’s first priority was to bring operations up to date. According to Your Story, she recruited more employees, established new sections to manage operations in a seamless manner, and formulated policies and procedures to ensure the laboratory ran efficiently.

Her father was always there for her. She assumed some of the responsibilities of the CEO of her firm. Her strategy was to work her way up from the bottom. She turned so that she was facing the customers at the customer service counter. In addition to this, she started finding solutions to day-to-day issues. In addition to that, she changed the name of the firm, which had previously been known as Dr. Sushil Shah’s Laboratory, to Metropolis. They began forming alliances with several other research facilities. The initial collaboration took place in Chennai with a physician who specializes in pathology named Dr. Srinivasan.

The expansion of the corporation began rather quickly. They were successful in securing their first outside funding in the year 2006. They did this by reinvesting the money that they had gained via the firm back into it. In 2002, they just had one laboratory, which brought in 7 crores of rupees in revenue. In the year 2023, their income was 1148 billion rupees. Their net profit amounted to Rs 33 crore just for the March quarter alone. At this time, the business operates more than 125 laboratories and more than 1500 collection centers. They have operations in seven different nations.

The World Economic Forum bestowed its honor for her in the year 2015. In addition to that, Forbes included her on their list of India’s Tycoons.

Taushif Patel
Taushif Patelhttps://taushifpatel.com
Taushif Patel is a Author and Entrepreneur with 20 years of media industry experience. He is the co-founder of Target Media and publisher of INSPIRING LEADERS Magazine, Director of Times Applaud Pvt. Ltd.

Related Articles

Latest Articles