Ameera Shah is an Indian tycoon and a prominent figure in the Indian healthcare industry, who is regarded as the Promoter & Managing Director of Metropolis Healthcare Limited (Metropolis Labs is a chain of diagnostic companies, with its central laboratory in Mumbai, Maharashtra). She is counted as one of the Most Powerful Women in Business by Fortune India for the three back-to-back years from 2017 to 2019. In 2018 and 2019, she was appreciated with the award ‘Most Powerful Women’ on the list of Business Today.
Wiki/Biography
Ameera Shah was born on Monday, 24 September 1979 (age 41 Years; as of 2020) in Mumbai, Maharashtra, India. [1]citation her zodiac sign is Libra. Ms. Shah has studied commerce at Junior college in H.R. College of Commerce and Economics, Mumbai, Maharashtra. Ameera has obtained a BBA degree in finance from the University of Texas at Austin, Texas, the United States and she has also completed the Owner-President Management Program at Harvard Business School, Boston, Massachusetts. [2]Ameera Shah’s LinkedIn profile
Physical Appearance
Height (approx.): 5′ 6″
Hair Colour: Black
Eye Colour: Black
Family
Parents & Siblings
Ameera’s father Dr. Sushil Shah is a Pathologist and her mother Dr. Duru Shah is a Gynaecologist. Her Sister Aparna Shah is a Geneticist.
Husband
Ameera is married to an Indian-origin man who was born and brought up in the United Kingdom. Her marriage place was a Resort in Goa, India.
Career
Board Membership(s)
Ameera Shah retains the board membership of Torrent Pharmaceuticals Ltd from August 2018 to the Present. Since June 2018, she has been a member of Shoppers Stop Ltd. Since September 2014, she has been a board member of Kaya Ltd. Ameera holds membership of the Indian Association of Pathology Laboratories.
Chairman
In 2012, Ameera was the Chairman of the Federation of Indian Chambers of Commerce and Industry (FICCI) Health Services Committee.
Advisor
Ameera holds the position of advisor at Baylor College of Medicine (University in Houston, Texas) and Indian Institute of Management Ahmedabad.
‘Dr. Sushil Shah’s Path Lab in Gamdevi, Mumbai’
In the 1980s, Dr. Shushil Shah (father of Ameera Shah), studied the methods and procedures of pathology on a fellowship program in the US. The medical facilities in India at that time were indifferent, which made him complete his studies in the US and start his own pathology laboratory, ‘Dr. Sushil Shah’s Path Lab in Gamdevi, Mumbai. Firstly, he started the Lab from his garage. During her summer and winter vacations, Ameera assisted her father at his Lab by writing the bills, replying to the patients on phone, and even cleaning the arms of the patients before compounders took blood samples. ‘Dr. Sushil Shah’s Laboratory’ was a well-known clinic after 20 years of its establishment. Ameera Shah came to light when she expressed her desire to be an entrepreneur. In order to avail of the benefits of the Liberalisation policy of the Indian government, she wanted to grow up the clinic of her father to the next level. Ameera held the charge to diversify the pathology Lab with the finest amenities.
The inception of Metropolis Healthcare
Ameera started hiring new talent, created new sections, and computerized communication systems, soon after joining her father’s Path Lab in Mumbai. She named the Laboratory Metropolis Healthcare. Amalgationas and tying up with the existing laboratories came under the umbrella of Metropolis healthcare.
Growth & Development
Metropolis follows the highest standards of corporate governance and ethical business policies. Under the authority and guidance of Ameera Shah, Metropolis earned extraordinary goodwill for its shareholders. Metropolis provided a 9% premium to its partners in 2019. The unique growth and developmental structure and competitive advantage of Metropolis allured the private equity investors in India to do 3 rounds of investment in Metropolis.
The Ministry of AYUSH and Ministry of Health and Family Welfare honored Metropolis with the ‘Best Diagnostic Laboratory in India’ award at the Women’s Health Conference in 2019, under the initiative and direction of Ameera Shah.
In terms of the initial public offering, Ameera said in an interview in 2020 that Metropolis Healthcare was one of the healthcare corporations that had not issued its shares to the general public. Ameera justified it by saying that IPO was just an event to create liquidity. Ms. Shah further winded up her statement on the initial public offering that IPO was a terminal figure to the stakeholders and hard-working employees, and outsiders who trusted the organization. She said-
It’s been a good ride for investors, and people have made money, and that’s important. But that is definitely not my biggest achievement for sure; it is the kind of institution that we’re all building together. It’s also the starting point for a new journey, which is of new investors, new employees, new people coming on board, and new belief and hope in the company.”
Under the supervision of Ms. Ameera Shah, Metropolis Healthcare had proclaimed itself as a multinational chain of diagnostic centers in India in 2020. It revealed that its branches exist in over six countries – India, Mauritius, Sri Lanka, Ghana, Zambia, and Kenya. According to the 2020 data analysis, Metropolis has 125 laboratories and 2000 plus patient service centers globally.
Setting up a Non-profit organization
In 2017, Ameera started a non-profit organization and named it- ‘Empoweress.’ It was et up for the budding and amateur businesswomen who wanted to seek assistance on setting up new ventures and those who needed micro-funding. Ameera had the passion to empower the Indian businesswomen which paved the way towards the establishment of the ‘Empoweress.’ This organization has invested and supported more than 50 women-led business ventures in India where Ameera actively participates as a business mentor and financial supporter.
A motivational speaker
Ameera is an outstanding public speaker who preferably speaks on women’s empowerment. She notably spoke on various national and international business meetings and gatherings, industry events, and conferences organized by FICCI, IIM, TedX, Harvard Business School, CII, Twitter, and others.
Ameera Shah prompted and influenced enormous young and budding women entrepreneurs in India through a video in 2020 and advised them to follow the right ideas and thoughts while pursuing the way to set up a new organization or venture.
Ameera Shah, apart from encouraging and motivating the young women in India, often focussed on the family members of the women entrepreneurs and family role to design their future. She sought the help and assistance of the husbands of the budding women entrepreneurs in India. In a conversation with a media house, she said-
Why are men still playing a secondary role in the upbringing of their own child? The woman’s total involvement in the family leaves little or no energy and time to devote to the business. Support and approval of husbands is a necessary condition for women’s entry into the business, owing to the current status quo. So, until that is fixed, it is crucial that men everywhere, rather than being a hindrance, act as a fulcrum for women who wish to pivot from family to career.”
Contribution amid COVID-19
Ameera actively participated in promoting the vaccination campaign on behalf of Metropolis and Healthcare that was started by the Government of India through her social media amid the COVID-19 pandemic in Mumbai. In one of her social media posts in February 2021, Ameera Shah stated that the COVID-19 vaccine was the key to suppress the disease and its side effects.
Under the supervision of Ms. Ameera Shah, Metropolis and Healthcare had conducted more than half a million RT-PCR tests in India in 2020 and provided abundant assistance to the Indian government and its fight against COVID-19.
Awards, Honours, Achievements
- 2020- ‘The Entrepreneur of the Year’ award in 2020 in the Life sciences and Health Care category
- 2021- Veerni Award in ‘Health care services’ and ‘Fields of Women Entrepreneurship
- 2019- CNBC-AWAAZ CEO Awards
- 2019- India’s Most Powerful Women in Business (ranked at no. 28) by Fortune India Magazine
- 2018 and 2019- Business Today’s Most Powerful Women list
- 2018- Tycoons of Tomorrow by Forbes India
- 2018- India’s Most Powerful Women in Business (ranked at no. 36) by Fortune India Magazine
- 2017- India’s Most Powerful Women in Business (ranked at no. 46) by Fortune India Magazine
- 2015- Asia’s Power Business Women, Forbes
- 2015- Young Global Leader, World Economic Forum
- 2015- Women Leadership Award at the CMO Asia Awards
- 2014- Exemplary Women Leadership Award, World Women Leadership Congress & Awards
- 2014- 40 Under 40 Business Leaders by The Economic Times
- 2011- Young Achiever of the Year, CMO Asia Awards
- 2011- Young Entrepreneur of the Year Award, by Entrepreneur India & Bloomberg
Favorite Things
- Book: Atlas Shrugged by Ayn Rand
- Beverage: Green Tea
- Leader: Mahatama Gandhi
- Businessmen: Warren Buffet and Bill Gates
Net Worth
Ameera Shah’s net worth is approximately $1bn. [3]Financial Times
Facts/Trivia
- Ameera’s full name is Ameera Sushil Shah. [4]Archives NSE India
- Ameera changed her name after marriage to Ameera Shah Patel. [5]India Today
- Ameera loves to play tennis in her leisure time. She has goodwill towards dance specifically Kathak. She adores trekking. Mostly, she keeps herself occupied with her own self.
- Ameera enjoys doing evening workouts and reading Fiction and Non-Fiction books.
- Ms. Shah admires sailing and hiking.
- Metropolis raised the quality of diagnostic accuracy, customer experience, empathetic service, technological equipment, and research under the authority and supervision of Ameera Shah.
- At the age of 21, Ameera was working in a much-admired position at Goldman Sachs in New York; however, after some time she didn’t enjoy the work of the financial services and consequently, quit the position. She returned to India in 2012 and her father guided her if she wanted to be an entrepreneur or an executive. He explained to her-
In the first, you can have a great career, prestige and money. If that’s what you want to do then you should stay in the US because that’s where the best opportunities are. But if you want to create impact, if you want to be the heart and soul of a company where the work you do matters, then you need to be an entrepreneur. And for that you need to come back to
- Ameera Shah wanted to expand the business of her father on a much larger scale. Dr. Sushil Shah’s Laboratory was individual entrepreneurship with no computers, emails, systems, and processes with 1500 square feet working area when Ameera connected with the Lab in 2001.
- Initially, people believed that Ameera was the boss’s daughter and having fun, and pursuing entrepreneurship as a hobby. In an interview, Ameera explained-
People assume that you’re privileged, that you don’t actually have to be responsible and follow any rules. But the minute you are not those things, people see it. In the first few months people realized that I was there for building a business. I was working longer hours than everybody else. I was taking standing at the front desk and talking to patients and taking the shouting and firing when necessary. I was not running away from anything or sitting in a comfortable cabin; I was willing to lead from the front.”
- Ameera Shah told in an interview in 2011 that she admired and followed the principles and ideology of Mahatama Gandhi. She added that she received the motivation from the unique contributions of Warren Buffet and Bill Gates towards society. Ameera said-
I admire different characteristics in different leaders. I admire Mahatma Gandhi for his principles and dedication, Warren Buffet and Bill Gates for their actions to give back to society, my mother and father for being professionally successful and wonderful parents, and all sports achievers for their determination and passion.”
- Ms. Shah at a conference explained the ethical values and empathy towards humans while she was addressing 70 managers who had come from all over India, Sri Lanka, Ghana, and Mauritius. She said-
We are not dealing with soap, which was half in size when you bought it; we are dealing with life and death, where a lab result determines somebody’s treatment. If that treatment goes wrong because of your diagnosis, then there should be a very heavy price to pay.”
- In 2017, Ameera in an interview revealed that on the internet, the most searched thing about her was her husband’s name. She said,
Do you know what the most-searched-for string on my name often is? It’s Ameera Shah’s husband.”
- Ameera Shah attended the Women in Pharma 2017 Summit, which was to motivate, lead, and inspire amateur businesswomen in India.
- Ameera explained the traits of a spectacular business world. At the Empower enclave 2019, Ameera said-
If you as an entrepreneur are risk-averse then the company will be risk-averse, if you are not organized, the business will not be organized. So it is important to work on yourself as an entrepreneur parallel to building the business, find your weakness and make them stronger and do the same for the company.”
- In an interview, Ameera Shah admired spending outdoor weekends and evenings. The recreational activities she adored were explained by her in an interview. She said,
I don’t like spending too much time in salons or shopping—shopping doesn’t figure on my list at all. I’m happiest outdoors. I spend weekends and evenings playing volleyball at the Breach Candy Club. We have a bunch of guys and sometimes a few women and we have great camaraderie. The other top choice for my weekends is going sailing.”
- Ameera shah was inspired by the ideologies and techniques of Muhammed Yunus, a Bangladeshi social entrepreneur, and the Nobel Peace Prize Winner. In an interview in 2020, Ameera said that due to the teachings of Muhammed Yunus she changed her mind and inclined towards patriotism that brought her back to India from the US. She said,
Personally, I have been hugely inspired by Muhammed Yunus, the Nobel Peace Prize Winner who changed the lives of thousands of people through his idea of Grameen Bank. In my own way, I wanted to do something for my country and thus started my journey with Metropolis in the year 2001. It was a sense of patriotism that brought me back to the country and the sense of purpose in healthcare where there is a huge opportunity to positively impact the lives of people.”
- Ameera in 2020 shared a story about the funniest mistake she had ever made since she started her business. She narrated the incident-
When I was about 11–12 years old, I used to go to my dad’s lab during the summer holidays (Dr Sushil Shah’s path lab at Gamdevi, Mumbai). I used to be at the lab from eight in the morning to eight in the evening. One of my jobs during that time apart from manning the phone or drawing up customer receipts was to give a lab tour to the guests. At that time, we had a room called the serum collection room. Serum, as we know is a part of blood and is used for certain tests. At that time, these medical words confused me and at one point during a lab tour referred to it as the semen collection room, much to the amusement of everyone in the room.”
- Ameera Shah was elected as the secretary of NATHEALTH, a healthcare body in Delhi in April 2021.
- Ameera Shah is a dog lover. She often posts pictures of her pet dogs, Ginger and Lilo on social media.
- Ameera Shah loves to eat sweets. In an interview, Ms. Shah revealed her obsession with sweets. She said,
I have a sweet tooth, and eat a minimum of two sweets or chocolates a day! But I am trying to moderate that.’
- Ameera Shah is an active member of the ‘Women Economic Forum.’ [6]Women Economic Forum
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- Ameera often writes articles to boost women’s inner courage and essence. Some of her famed articles include ‘Facing The Cockroach: How Entrepreneurship Makes You Confront Your Fears,’ ‘Challenges faced by women-led startups,’ and ‘How much is too much?’
References