Viren A. Merchant is a Mumbai-based entrepreneur, best known as the CEO and Vice Chairman of Encore Healthcare Pvt. Ltd., a pharmaceutical manufacturing and export company founded in 2002.Under his leadership, Encore Healthcare has expanded its product range, export footprint (including to the United States, Europe, and Africa), and has built a robust infrastructure including R&D and quality assurance.He belongs to a Gujarati Hindu business family; his parents are Ajit Kumar Gordhandas and Indu Gordhandas.Viren is married to Shaila Merchant, who is Managing Director of Encore and holds directorships in related ventures. They have two daughters: Anjali Merchant and Radhika Merchant, the latter of whom is married to Anant Ambani.As of mid-2024-2025, Viren Merchant’s net worth is variously estimated at ₹ 750-755 crore (roughly USD 90 million) largely tied to his stakes in Encore and associated companies.Encore Healthcare itself has a valuation reported around ₹ 2,000 crore.Despite this wealth, he is said to maintain a relatively low public profile.