13 Facts About Subrata Roy

Subrata Roy was an Indian businessman who founded the business conglomerate Sahara India Pariwar in 1978.

Subrata Roy was born into a Bengali Hindu family in Araria on 10 June 1948 to Sudhir Chandra Roy and Chhabi Roy.

Subrata Roy studied at Holy Child Institute in Kolkata and later studied mechanical engineering at Government Technical Institute, Gorakhpur.

Subrata Roy joined Sahara Finance, a struggling company, in 1976, that ran a chit fund and took it over.

Subrata Roy now has interests in financial services, education, real estate, media, entertainment, tourism, healthcare, and hospitality.

Subrata Roy was planning to foray into online education in India, which was targeted at small towns and villages.

Subrata Roy put a team in place which consists of members from top universities and colleges across India, and even abroad.

In June 2019, Subrata Roy announced his foray into the automobile sector under the brand name 'Sahara Evols'.

Subrata Roy rejected allegations of misconduct and accused the Indian National Congress of a witch hunt due to his opposition to Sonia Gandhi becoming the country's prime minister.

Subrata Roy was granted his first bail in May 2017 for four weeks to perform the last rites for his deceased mother, later extended to 24 October.

Subrata Roy claimed that the company's fundamentals were intact and assets were greater than the liabilities.

Subrata Roy died due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension and diabetes on 14 November 2023, at age 75.

Subrata Roy featured regularly in the India Today list of 50 Most Powerful People of India since 2003 and was named its tenth-most influential businessmen in 2012.