Puneet Kothapa, President of Narayana Group, Recognized in Fortune India’s 40 Under 40 List for 2023

Fortune India’s prestigious “40 Under 40” list annually honors exceptional young business leaders who have made significant strides in their respective fields. This year, Puneet Kothapa, President of Narayana Group, joins the ranks of distinguished personalities such as Akash Ambani, Nikhil Kamath, and Karan Adani, cementing his place among the country’s brightest young achievers.

Puneet, a Chartered Accountant by profession, embarked on his journey with Narayana Group in 2012 after spending five years at Ernst & Young. As President, he plays a pivotal role in shaping the group’s strategy, expanding its business footprint, launching new initiatives, and overseeing operations across finance, digital technology, general management, and supply chain functions. Despite being only 35 years old, Puneet’s leadership is characterized by careful planning and decisive action, ensuring that Narayana Group remains at the forefront of the education sector.

Founded 44 years ago in undivided Andhra Pradesh, Narayana Group has witnessed remarkable growth under Puneet’s leadership. The group now operates in 60 districts, 21 states, and two union territories, with Narayana Schools boasting 354 branches, Narayana Junior Colleges operating 241 branches, and Narayana Coaching Centers reaching 51 locations. Puneet’s goal is to expand the group’s reach to at least 500 districts, furthering its mission of providing accessible quality education across India.

A hallmark of the Narayana Group’s operations is its commitment to consistency and excellence in teaching. The group follows a meticulously standardized micro-schedule to ensure synchronized content delivery across all classrooms. With three zonal coordinators managing every 10 schools, the operational structure remains streamlined and efficient. The group’s dedicated R&D team, comprising 600 academicians, plans lesson plans in minute detail, offering teachers quarterly advanced resources to enrich the educational experience.

Supporting this massive operation is a central team of over 2,300 professionals in key departments, including academic R&D, operations, finance, marketing, technology, and HR. This workforce plays a crucial role in helping the group serve over 600,000 students across more than 640 institutions. With a presence in 21 states, the Narayana Group has emerged as one of Asia’s largest and fastest-growing educational organizations.

Backed by prominent investors like Morgan Stanley and The Banyan Tree, and with an impressive turnover of ₹3,500 crores, the Narayana Group is well-positioned for continued growth. Under Puneet Kothapa’s visionary leadership, the group’s trajectory remains upward as it continues to expand its impact on the education sector.

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