Acharya Balkrishna was in Haridwar. His parents are natives of Nepal, but his father was working in Haridwar when Balkrishna was born. He joined Kalwa Gurukul, Haryana in 1988. Here he met the person widely known today as the Yoga Guru Swami Ramdev. They soon developed a bond that shaped their destiny. After Balkrishna completed his post-graduation in Varanasi, he travelled across India to study plants and their medicinal value, a key element of Ayurveda.
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In the year 1993 he and Ramdev were living in the Himalayan caves of the Hindu pilgrim town of Gangotri, a popular haunt among holy men and ascetic near the source of India’s holiest river, the Ganges. Because of his knowledge of herbs, Balkrishna started getting frequent requests from visitors for medicines for common ailments. This planted the seed for the establishment of charitable organizations of ayurvedic medicines and treatments. The duo founded an Ayurvedic Medicine-manufacturing unit named Divya Pharmacy in Haridwar in 1995. Later Balkrishna helped Ramdev to set up a number of other businesses. They had the mission to make good medicines available at fraction of their market price. As per Ramdev, they didnt have the money for registration. For the initial three years, till 1998, medicines were distributed for free. Starting from purchasing raw materials to grinding, mixing and packaging used to be done by both of them. Later in 2003 when money started pouring in, Ramdev made Acharya Balkrishna as head of the pharmacy. Today the pharmacy is run like a business venture having two dozen vaids to inspect patients by minute and prescribing medicines. Patanjali Ayurved, an FMCG company, was founded by Baba Ramdev and Balkrishna in 2006. Followers of Ramdev helped kick-start the business with a loan. According to Balkrishna, he had taken out a 50–60 thousand loan at a time when he had never held a personal bank account in his name.