The Indian Express was started by an Ayurvedic doctor, P. Varadarajulu Naidu, at Chennai,In 193, being published by his "Tamil Nadu" press. Soon under financial difficulties, he sold the newspaper to Swaminathan Sadanand, the founder of The Free Press Journal, a national news agency. In 1933 The Indian Express opened its second office in Madurai, launching the Tamil edition, Dinamani. Sadanand introduced several innovations and reduced the price of the newspaper. Faced with financial difficulties, he sold a part of his stake to Ramanath Goenka as convertible debentures. In 1935, when The Free Press Journal finally collapsed, and after a protracted court battle with Goenka, Sadanand lost ownership of Indian Express. Later Goenka bought the remaining 26% of the company held by Sadanand. The newspaper then came under Goenka's sole control.
In later years Goenka started the Mumbai edition with the landmark Express Towers as his office when he bought the Morning Standard in 1944. Two years later it became the Mumbai edition of The Indian Express. Later, editions were started in several cities; the Madurai edition in 1957, the Bangalore edition in 1965, and the Ahmedabad edition in 1968. The Financial Express was launched in 1961 at Mumbai, Kannada Prabha (Kannada Daily) at Bangalore in 1965 and a Bangalore edition of the Telugu Daily Andhra Prabha, and Gujarati dailies Lok Satta and Jansatta, from Ahmedabad and Vadodara in 1952. The Delhi edition started was when the Tej group's Indian News Chronicle was acquired in 1951, which in 1953 became the Delhi edition of Indian Express. In 1990 the group bought the Sterling group of magazines, along with it the Gentleman magazine.
After Ramanath Goenka’s demise in 1991, two of the family members split the group into Indian Express Mumbai with all the North Indian editions, while the Southern editions were grouped as Express Madurai Ltd. with Chennai as headquarters.
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