Ravi Modi's journey started when he started visiting his father's retail clothing store in Kolkata during his teens and learning the ropes of the business. The man behind “Manyavar” is a first-generation entrepreneur who started this venture with a meagre seed capital of INR10,000.
Under the umbrella of Vedant Fashions Limited (formerly known as Vedant Fashions Pvt. Ltd.), Manyavar transformed men's ethnic fashion wear into a signature statement.
Manyavar CEO Ravi Modi recently invested in Shark Tank India-featured men's fashion brand SNITCH. He participated in the company's Rs 340 crore funding round, which valued the brand at over Rs 2,500 crore.
In 2016, a well-known ethnic wear brand, Manyavar, declared Virat their brand ambassador to glorify Indian traditions through elegance and style, just as he does with his batting skills.
Virat Kohli renews bat sponsorship deal with MRF for over Rs 100 crore for 8 years. Bunty Sajdeh, CEO of Cornerstone Sport and Entertainment, the agency that manages Kohli's endorsements, said the deal with MRF has been renewed at a “significant jump” from the previous Rs. 8-crore three-year deal.
How did Manyavar become a 30,000 crore company? : Indian Business Podcast Ep 19
What is Anushka Sharma's net worth?
Since 2012, she has appeared in Forbes India's Celebrity 100, a list based on the income and popularity of Indian celebrities. In 2018, she peaked at the 16th position with an estimated annual earning of ₹45.83 crore (US$5.4 million), making her the third highest-paid actress and female celebrity in the country.
According to Vedant Fashions's latest financial reports the company's current revenue (TTM ) is ₹14.65 Billion. In 2024 the company made a revenue of ₹13.80 Billion an increase over the revenue in the year 2023 that were of ₹13.44 Billion.
Ravi Modi is the founder and managing director of Vedant Fashions Private Limited, a brand that has become synonymous with celebration wear. He started his journey at the tender age of 13, learning by doing at his father's store back in 1990. At 22, he moved forward to create his own path and founded Manyavar.
Determined to prove himself, Ravi borrowed ₹10,000 from his mother and started his own business with just 100 kurta-pajama sets. That was the start of Manyavar. Fast forward to today, Manyavar is India's largest player in men's wedding and celebration wear by both revenue and profit.
Ans: Yes, Manyavar fashion franchise is a highly profitable brand due to its strong market presence, premium pricing, and year-round demand driven by weddings and festivals. Franchisees benefit from an established business model, strong marketing support, and consistent sales.
Aditya is a founding member of TA Associates' India office, focusing on investments in India and other emerging markets. He co-founded TA's India office in February 2009 after relocating from TA's London office, bringing with him 14 years of investing experience.
Founded as a sister brand of Manyavar, Mohey shares the same commitment to embracing and celebrating the vibrancy of Indian craftsmanship. Since its inception, Mohey has embodied the spirit of elegance and grace, seamlessly merging traditional Indian aesthetics with contemporary design trends.
The owner of apparel retailer Manyavar surged to such levels again in December 2023 and a year later. It has since careened downhill, losing more than half its market cap. A fall in its profits in the March quarter has only hastened Vedant's plunge. Shares in the company are now trading well below their issue price.
Asha has been India's renowned jewellery designer for Bollywood and worked for movies like Devdas, Monsoon Wedding, Kamasutra, Zubeida, Ram Leela and Padmavati.
Shop Manyavar's Bestsellers for Men Online in USA. We're showing you items that ship to United States. To see items that ship to a different country, change your delivery address.
Manyavar was conceptualized in 1999 by Vedant Fashions Limited (formerly known as Vedant Fashions Pvt. Ltd.) and was incorporated as a company in 2002.
Other actresses include Anushka Sharma (₹665 Cr), Kareena Kapoor (₹705 Cr), Katrina Kaif (₹240 Cr), Kangana Ranaut (₹580 Cr), Deepika Padukone (₹400 Cr), Shraddha Kapoor (₹540 Cr) and Alia Bhatt (₹550 Cr). The actresses' wealth is attributed to their acting careers, business ventures and investments and more .
Virat Kohli is richer than MS Dhoni as of 2025, with an estimated net worth of $127 million, compared to Dhoni's $123 million. Kohli's consistent performance in cricket, top-tier endorsements, and successful ventures like Wrogn pushed his earnings higher.
The net worth of Alia Bhatt is estimated to be around ₹550 crore ($75 million) as of 2025. Her income comes from films, brand endorsements, and her sustainable clothing brand, Ed-a-Mamma. Alongside Ranbir Kapoor, their combined net worth is around ₹895 crore ($107.5 million).
