Who owns Future Group in India?

Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India's biggest brick-and-mortar retailers.

Who is the owner of Future Group?

Future Group was an Indian conglomerate founded by Kishore Biyani and based in Mumbai.

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.

Why did Reliance acquire Future Group?

Reliance Retail, the subsidiary of Reliance Industries Limited (RIL), is buying Kishore Biyani's Future Group in a deal of Rs 24,713 crore. With this acquisition deal, Reliance Retail is all set to expand its retail business and compete with the e-commerce giant Amazon.

What happened to Future Group in India?

Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm.

India's Retail Industry: A Perspective From Future Group

Who is the promoter of Future Group?

Kishore Biyani is the founder and Group CEO of Future Group. Widely credited as the pioneer of modern retail industry in India, Kishore Biyani is a mentor and role model for many Indian entrepreneurs and a thought leader in Indian business.

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 buying Future Group?

In August 2020, Future Group's listed entities including Future Retail, Future Lifestyle and Future Consumer merged into Future Enterprises Limited (FEL). Reliance Retail, a subsidiary of the umbrella Reliance Industries Limited (RIL) group then entered an agreement to buy Future Enterprises.

Who owns Reliance Group now?

The promoter group, the Ambani family, holds 50.39% of the total shares whereas the remaining 49.61% shares are held by public shareholders, including FII and corporate bodies. Life Insurance Corporation of India, public sector company, is the largest non-promoter investor in the company, with 6.49% shareholding.

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 many brands does Future plc own?

We've built a powerful portfolio of 200 specialist media brands, spanning key industries - technology, gaming, entertainment, fashion, lifestyle, sports, finance, B2B and beyond. Explore our key brands and industries we serve below.

Who is the CEO of Future Family?

Claire Tomkins. Claire Tomkins, CEO and Founder of Future Family. Claire is a veteran fintech executive with a history of leading in Frontier Markets for consumer financing, first Solar and now Fertility.

Who is the founder of future startup?

Earlier this month, Elfuturis' founder Dmitry Kozlov attended Coimbra Invest Summit 2025 - not as a speaker, not with a booth, but simply as a listener.

How rich is Kishore Biyani?

Kishor Biyani net worth

At the peak of his business success, Kishore Biyani had net worth pegged at USD 1.78 billion in 2019, according to Forbes. However, after bankruptcy, his current wealth is believed to be a fraction of the fortune he once owned.

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 big is Future Group?

views. Future Group is one of India's leading business groups headquartered in Mumbai with over 30,000 employees. It operates over 1,000 stores across 61 cities under brands like Pantaloons, Big Bazaar, and Food Bazaar.

Who is the owner of Zudio?

Trent Limited. Trent Limited (portmanteau of Tata Retail Enterprise) is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa.

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.

Is Big Bazaar owned by Tata?

About Big Bazaar

It is one of the largest and oldest chains of departmental stores in India, which is owned by Future Group. In 2020, Big Bazaar was acquired by Reliance Retail, the retail arm of Reliance Industries, as part of a ₹24,713 crore ($3.36 billion) deal for the Future Group.

Who purchased Future Group?

Chartered Accountant | Certified Public Accountant | Founder Stockify Worked as CFO in many MNC companies. Reliance Retail, the subsidiary of Reliance Industries Limited (RIL), is buying Kishore Biyani's Future Group in a deal of Rs 24,713 crore.

Who is the CEO of Future Founders?

Scott Issen (he/him) is an entrepreneur and President & CEO of Future Founders, a non-profit that is building the nation's largest inclusive community of intentional young entrepreneurs and entrepreneurial-minded leaders.

Who is the MD of Future Group?

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.

Who is the CEO of Big Bazar?

Retailing pioneer Kishore Biyani is the founder and group CEO of the $4.6 billion (revenue) retail giant Future Group. The group includes hypermarket chain Big Bazaar, food retailer Food Hall and convenience store chain EasyDay.

Who founded Big Bazar?

Big Bazaar, founded by Kishore Biyani in 2001, quickly became one of India's largest retail chains. The business model of Big Bazaar was centered on offering a wide range of products at affordable prices, targeting the middle and lower-middle-class segments of Indian society.

What is the business model of Big Bazaar?

Big Bazaar leverages social media campaigns as its main channel for online marketing and e-commerce. It has tie-ups with various E-Wallets (PhonePe, GooglePay, Paytm) to offer additional discounts and cashback to its loyal customers. For increasing brand loyalty, value-added cards and coupons are given to consumers.