What is Kishore Biyani's net worth?

Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India's biggest brick-and-mortar retailers. He is also the founder of retail businesses such as Pantaloon Retail and Big Bazaar. According to Forbes magazine, he had a net worth of US$1.78 billion in 2019.

What is the debt of Kishore Biyani?

Future Group promoter Kishore Biyani has reportedly settled dues worth Rs 571 crore to lenders of Bansi Mall Management Company by making a one-time settlement of Rs 476 crore.

Which companies are owned by Kishore Biyani?

Kishore Biyani

Over the past two decades he has created and leads some of India's most popular retail chains like Big Bazaar, Central, Brand Factory, Foodhall, fbb, among others. Over time, various retail chains like Nilgiris, Aadhaar, Easyday, Heritage, HyperCity and others have also become part of Future Group.

What is the personal life of Kishore Biyani?

Kishore Biyani was born in August, 1961 and is married to Sangita and they have two daughters. He recently authored a book, 'It Happened In India' that captures his entrepreneurial journey and the growth of modern retailing in India.

What is the debt of Biyani?

In a surprising turn of events, retail tycoon Kishore Biyani has made a ₹476-crore offer to lenders led by Canara Bank for a one-time settlement (OTS) of the ₹571 crore debt owed by Bansi Mall Management Co Pvt. Ltd. (BMMCPL), which owns the SOBO Central Mall in Mumbai.

How Ultra-Rich Indians Spend Their Money - Kishore Biyani Explains India 1, 2, 3

Who is the king of retail in India?

New Delhi: Retail mogul Kishore Biyani stands as a prominent figure in Indian entrepreneurship, credited with pioneering the concept of retail supermarkets.

How much is Kishore Biyani worth?

Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India's biggest brick-and-mortar retailers. He is also the founder of retail businesses such as Pantaloon Retail and Big Bazaar. According to Forbes magazine, he had a net worth of US$1.78 billion in 2019.

Who is the new owner of Big Bazaar?

In February 2022, Reliance Industries took control of over 200 Future group stores and rebranded Big Bazaar as Reliance's Smart Bazaar Stores and rest of them were shut down.

Who is the owner of Biyani Financial Services Private Limited?

Current board members & directors are VINOD BIYANI HARDATTRAI, BHARAT HARDATRAI BIYANI and SANTRADEVI HARDATTRAI BIYANI . Company is registered in Mumbai (Maharashtra) Registrar Office.

Who is the father of retail in India?

Abstract. Kishore Biyani, the head of Future Group, also referred to as the Father of Modern Retail in India and the maverick businessman, has evolved as one of the most successful businessman of the country.

Why did Big Bazaar fail?

Lack of Adaptation towards altering Customer Preferences: One of the key factors resulting in decline of Big Bazaar was its inability to adapt to the altering choices of customers. The rapid growth of e-commerce and digital shopping domains disrupted the old retail landscape.

How is nikunj biyani related to Kishore Biyani?

Biyani, who is a nephew of Indian businessman Kishore Biyani, has spent more than half of his career in the FMCG space. He started his professional life in Future Group as a fresh graduate and served in multiple roles where he gained experience in understanding consumer behaviour, sales, and operations.

What is the revenue of Big Bazaar?

For example, EasyDay had 1007 stores across India and includes standalone stores not part of Big Bazaar. Overall, Future Retail (the company that owned Big Bazaar) generated an annual revenue of ₹20,000+ crore and operated around 1,511 stores in 428 cities, covering approximately 16.14 million sq. ft.

Who is Isha Biyani?

- Dynamic Fashion Brand Manager with a proven track record of success in leading and optimizing the performance of Luxe, Home-grown labels/Hidden Gems, and National brands in the women's Western wear category.

Will the Future Group survive?

NEW DELHI: Kishore Biyani's debt-laden Future Group can survive on its own with the help of banks and lenders, albeit at a reduced scale if Amazon wins the legal battle against the Big Bazaar parent, an independent director on the board of Future Retail (FRL) said on Tuesday.

Who is Kailash Biyani?

About Kailash Biyani

Kailash Biyani is an Angel Investor from Mumbai. Prominent investment areas are Professional Services, Sales and Marketing, Fin-Tech and has invested in startups like Patilkaki, Banksathi, & Banksathi Technologies And Insurance Corporate Agency.

Who is the CEO of Money Mart?

"We aim to provide clarity in our service offerings and provide Canadians with innovative financial products and the support they need to meet their unique needs," says Peter Kalen, CEO, Money Mart^®.

What happened to Kishore Biyani?

The fall of Kishore Biyani

After conquering the retail industry, Kishore Biyani desired to venture into every business which directly dealt with the consumer, but this proved to be downfall because his unplanned expansion resulted in mounting debt which ultimately swelled to over Rs 12000 crore.

Who is the owner of DMart?

Radhakishan Damani. Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart.

Who is Rakesh Biyani?

Rakesh Biyani is a Joint Managing Director of Future Retail Limited. He has been associated with the company for over 20 years. In his executive role as the Joint Managing Director, Rakesh Biyani leads the management and expansion of the company's flagship formats, Central, Big Bazaar and Food Bazaar.

Why did Reliance acquire Big Bazaar?

Reliance says it has taken over the stores after Future failed to pay rentals for years, and it is merely taking back its properties after cancelling the sub-leases for default. Two Future Group companies had confirmed to the bourses that they had indeed received termination notices for 893 leased outlets.

How much is Nikhil Kamath worth?

As of March 2025, Kamath is worth $2.6 billion, according to Forbes.

Who is the retail king of India?

Radhakishan Shivkishan Damani, born on March 15, 1954, in Bikaner, Rajasthan, is a name that resonates with success in the Indian business world. As the founder and chairman of Avenue Supermarts Limited, which operates the popular DMart chain of hypermarkets, Damani has earned the title of “Retail King of India”.

Who is the CEO of future company?

Kevin Li Ying Appointed Chief Executive Officer

Kevin joined Future over 20 years ago and has been a key contributor to the successful transformation of the company from a traditional print publisher into a leading global digital media platform of today.