Thyrocare founder A Velumani’s contrarian PF funda has worked for him, check it out

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In an Indian middle-class set-up, buying a house is considered to be the ultimate achievement in life. So, it does come as a surprise when A Velumani, even after striking gold with the Thyrocare journey, has not bought a house.

As stunning as it may sound, it shows that Velumani has not been swayed by the stereotypes created by our society and continues to enjoy the unassuming facets of life.

In the news after selling 66% stake in Thyrocare Technologies to PharmEasy’s parent company API Holdings  for Rs 4,546 crore, Velumani remains committed to help the society address challenges and serving it until his last breath.

Risng from a humble background, Velumani revealed in an interaction with Money9 listed the reasons why buying a house never appealed to him.

“I continued to stay in a PG accommodation even after getting married in Mumbai. My wife was working with State Bank of India at that time. So, we had two good salaries and everyone at that time would have had gone to buy a house but I opted against it. At that time, I felt EMIs won’t let me achieve financial freedom. I think people buy a big house only to show how rich they are but I never felt the need to do so,” he told Money9 in an interaction.

Watch the video for the full interaction