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At the age of 13 years, he began functioning as a salesman in his papa’s garments store. A couple of years later on, he took a lending of Rs 10,000 from his mommy to begin his very own service, at some point establishing Vedant Fashions
Today, Vedant Fashions runs in 248 cities throughout India, with 662 shops and 16 global electrical outlets. (News 18 India)
The wedding celebration period remains in full speed throughout the nation, and Indian wedding events are indivisible from standard outfit. When considering wedding events, the photo of the Manyavar brand name frequently enters your mind. This distinguished brand name was started by Ravi Modi, that developed a realm in standard Indian style with his firm, Vedant Fashions.
The Rise of Vedant Fashions
Vedant Fashions was developed in Kolkata in 2002 and has prominent brand names such as Manyavar, Mohey, Manthan, Mebaz, andTwamev Under Modi’s management, the firm got to brand-new elevations and came to be a success tale, finishing in an effective IPO in 2022. This accomplishment not just reinforced the brand name’s prestige yet likewise made Modi among the wealthiest people in India.
Ravi Modi’s business trip started in a really moderate fashion. At the age of 13 years, he began functioning as a salesman in his papa’s garments store. A couple of years later on, he took a lending of Rs 10,000 from his mommy to begin his very own service, at some point establishing Vedant Fashions.
His vision brought about the development of ‘Manyavar‘, now a renowned name for wedding and festival wear. Manyavar is known for its exquisite kurtas, sherwanis, jackets, lehengas, and saris. The brand gained even more popularity through endorsements by Bollywood celebrities like Virat Kohli, Anushka Sharma, Ranveer Singh, Alia Bhatt, and Kartik Aaryan.
Today, Vedant Fashions operates in 248 cities across India, with 662 stores and 16 international outlets. The company is currently valued at Rs 32,000 crore, and Modi’ s individual total assets has actually climbed to around Rs 28,000 crore. As of April 2023, he is placed 64th on the listing of India’s wealthiest people and 1,238 th on Forbes’ World Billionaires listing.
