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Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart . Damani is referred to as the "retail king" of India.
Radhakishan Damani (RD) is a famous Indian businessman, who is termed as the Retail King of India. He is the fourth richest Indian as of 2021. [9] RD dropped out in the first year of his college to start his ball-bearing business, and his father and brother were stockbrokers on Dalal Street.
- Founding the supermarket chain DMart
- Mr. White and White [1]Business Today
- Retail King of India [2]Business Connect
- Businessman, Stockbroker, Investor
Oct 11, 2023 · Veteran Mumbai investor Radhakishan Damani became India's retail king after the March 2017 IPO of his supermarket chain Avenue Supermart. Damani got into retailing in 2002 with one store in...
- Keep an eye on the long term. Like Warren Buffett, Damani too has been a value investor who would take canny view of the long term. When he turned an entrepreneur, he retained the same approach and built D-Mart without relying on any quick shortcuts.
- Small is big. Damani started small and did not hurry to expand. Low scale gave him a better control of supply chain and allowed him to focus on profitability right from the beginning.
- Value your people. Damani began with buying a franchise of Apna Bazar. That was when he began building personal relations with vendors and suppliers. He values both and they never let him down.
- Buy low, sell cheap. Damani knew what he was doing: offering people consumer products of daily use at heavy discounts. That became his only goal. One of his methods was to pay his suppliers and vendors within days instead of weeks which was the industry norm.
Nov 15, 2022 · Radhakishan Damani is an Indian investor and entrepreneur, best known as the owner of the Indian retail giant ‘DMart.’. Check out this biography to know about his childhood, personal life, career, and achievements.
Radhakishan Damani is a renowned investor and retail pioneer in India. His investment strategies, particularly his emphasis on value investing and his astute business acumen, have garnered him widespread acclaim.
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Radhakishan Damani, currently the fifth wealthiest person in India, is the country’s leading self-made entrepreneur as well, according to the maiden IDFC FIRST Private-Hurun India Top 200 Self ...
