Profil Financier
Ravi Modi occupe actuellement le rang #2646 du classement mondial StarFortune (secteur luxe, mode & beauté). Fortune nette estimée : $1.5 B (-$393 sur 24h).
Ravi Modi started Vedant Fashions, named after his only son, in Kolkata city in 2002 to manufacture traditional Indian garments.
Vedant's popular brand Manyavar is best known for its men's kurtas, sherwanis and jackets and women's lehengas, sarees and gowns, aimed at the Indian wedding market.
Modi's wife Shilpi has a board seat, while his son Vedant is the company's chief revenue officer.
The Kolkata company has more than 670 stores across 245 cities and 14 international stores.
Modi sold 10% of his stake in 2023 to increase the public holding in the company to 25% as required by the stock market regulator.
Modi opened the first international Manyavar store in Dubai in 2011.
In 2022, Modi took Vedant Fashions public.
Media-shy Modi did not attend his company's listing ceremony at the National Stock Exchange.