Kishore Biyani

Founder, Future Group

Birth Details1961 | Mumbai, India

NationalityIndian

LeagueBusiness Leader

EducationGraduate, Bombay University

Net Worth$1.78 billion (As of October 9, 2019)

Kishore Biyani's Assets:

Future Group

Kishore Biyani's Journey so far ...

Hailing from a family of textile merchants, Kishore Biyani did his graduation in Science and Arts from the Bombay University
He left the family business to start selling stone-wash denim fabric. Known for his astute understanding of the Indian consumer, Biyani set up the Future Group in 1996
He inaugurated the first Pantaloons store in Kolkata in 1997. The brand was later sold to Aditya Birla Nuvo in 2012
From garments, Biyani expanded the group's presence into other segments with a wide portfolio of brands in food, FMCG, fashion and footwear
Widely credited as the pioneer of the modern retail industry in India, Biyani in 2001 launched Big Bazaar, a hypermarket chain, leading to the democratisation of shopping in the country
Many in the country compare Big Bazaar to Walmart of the US; however, Biyani says that the group missed the opportunity in the online space
Known as the retail king, Biyani runs India's second-largest retail chain by revenue, with more than 1,300 stores in over 400 cities and towns across the country
Biyani is acknowledged for bringing organized retailing to India, generally serviced by thousands of mom-and-pop kirana stores. The Future Group currently has multiple retail chains like FBB, Central, EasyDay and Foodworld
As one of India's most successful retailing pioneers, Biyani attracted investments into the group from major foreign firms like Amazon and Blackstone
Biyani has led the Future Group into successful joint ventures with British footwear marker Clarks, Italian insurer Generali Group, New Zealand's dairy group Fonterra and Middle East's Ramdas Khimji
The retail baron spent Rs 26 crore and produced two Bollywood films- ‘Na Tum Jaano Hum' in 2002 and 'Chura Liya Hai Tumne' in 2003, but both of them tanked at the box-office
In August 2020, Biyani had reached a deal to sell Future's retail, wholesale, logistics and warehousing divisions to Reliance for $3.38 billion, including debt. The deal was challenged by Amazon before the Singapore International Arbitration Centre (SIAC) accusing Future of violating contracts by agreeing to the sale

Before you go ...

In 2007, Biyani authored the book, 'It Happened in India.' He said his next book if he writes one, will be on technology
In an interview with ET, Biyani said that he studied typing, created some unique yarns, and started disco dandiya, an improvised version of the dance form which became popular in his building

Last Updated: 27/02/2021

Kishore Biyani News

Abki baar..: Amid low turnout buzz, Prashant Kishore makes a big prediction for BJP, NDA and oppositionIn a recent interview, political analyst Prashant Kishor anticipates no significant decline in BJP's Lok Sabha tally, foreseeing gains in states like Bengal, Odisha, Telangana, Tamil Nadu, and Andhra. While dismissing the likelihood of a 400-seat win, he emphasizes the need for a nuanced understanding of electoral dynamics amid political discourse.
Officer's Choice whisky maker Allied Blenders gets Sebi's nod for Rs 1,500-crore IPOAllied Blenders and Distillers Ltd, which filed preliminary IPO papers with Sebi in January, obtained its observations on May 10, the update showed.
Allu Arjun to be arrested? ‘Pushpa’ star faces FIR for violating poll code of conductOn Saturday, officials in Nandyal, Andhra Pradesh, pressed charges against Tollywood actor Allu Arjun for visiting the home of his friend, YSRCP MLA Silpa Ravi, causing a massive gathering of thousands of people on the streets, which directly violated the MCC. Allegedly, the MLA invited the 'Pushpa' actor without securing permission from the RO Nandyala for such a public assembly.
Viral Video: Allu Arjun and Ram Charan encounter overwhelming fan crowd during public appearancesRam Charan and Allu Arjun, popular stars with large fan bases, received overwhelming receptions during public events. Allu Arjun supported Ravi Chandra Kishore Reddy in Nandyala, while Ram Charan visited the Kukkuteswara Swamy temple in Pithapuram, where both were mobbed by excited fans. Their encounters were captured in viral videos and photos on social media.
Delhi Court refuses to extend Supertech Chairman RK Arora's Interim bail, directs him to surrender on May 13The Enforcement Directorate (ED) has registered 26 FIRs against Supertech Limited and its group companies for various offenses including criminal conspiracy, breach of trust, cheating, and more. These allegations involve cheating over 670 home buyers for Rs 164 crore. ED also accuses Supertech of diverting funds to purchase properties, often at lower values, resulting in illegal gains.
Neeraj Chopra finishes second in Doha Diamond LeagueDespite a last-ditch effort, Indian superstar Neeraj Chopra was unable to retain the title he had won the year before when his final round throw was 2 cm short of Vadlejch's mark. With a best throw of 86.62 meters, two-time world champion Anderson Peters won the third sport. After three throwing rounds, Kishore Jena was eliminated, ending his disappointing Diamond League debut with a best throw of 76.31 meters. He started with a 75.72-meter throw, fouled his second
And it begins: Neeraj Chopra set to start Olympic build-up at Diamond league along with Kishore JenaThe 26-year-old Indian javelin superstar, who is also the reigning world and Asian Games champion, will be up against the likes of former world champion Anderson Peters of Grenada and Olympic and world-medallist Jakub Vadlejch of Czech Republic. Asian Games silver-medallist and his compatriot Kishore Jena will also be in the fray as he makes his Diamond League debut. Jena has a personal best of 87.54m while Chopra's all-time best is 89.94m, which is also the national record.
Meet na mila re mann kar D Burman, Majrooh Sultanpuri, Kishore KumarAbhimaan's song features Kishore Kumar's emotive rendition, blending joyful tunes with melancholic lyrics about seeking a companion. The music by R D Burman creates a poignant contrast, enhancing the emotional depth of the track.
Akhilesh Yadav defends Salman Khurshid's niece booked over 'vote jehad' remarkAkhilesh Yadav supports Maria Alam's 'vote jehad', promoting Naval Kishore Shakya against BJP. Controversy arose over her remarks, sparking police action and reactions from political figures like Keshav Prasad Maurya.
K Raheja Corp to redevelop country’s first mall SOBO Central into luxury residencesSpread over 1.3 acres in prime Haji Ali locality, the mall is expected to make way for an around 50-storey sea-view superstructure with nearly 250,000 sq ft development potential. Based on the current property prices in the vicinity, the project is estimated to fetch over Rs 2,000 crore revenue.
Sai Kishore stars in Gujarat Titans' comfortable win over plummeting Punjab KingsGujarat Titans secured their fourth win in the 2024 IPL, defeating Punjab Kings by three wickets. Spinners R Sai Kishore, Rashid Khan, and Noor Ahmed shone, dismissing Punjab Kings for 142. Liam Livingstone took crucial wickets for Punjab Kings, but Rahul Tewatia's unbeaten 36 off 16 balls ensured Titans' victory. Despite a brisk start, Punjab Kings collapsed against the spin trio. Prabhsimran Singh's 35 off 21 was in vain as Titans chased down the target comfortably.
From backroom boys to consultants: Poll strategists turn campaign makers in India's political war roomsAs Indian elections evolve, strategists play pivotal roles, leveraging technology, data, and targeted messaging for winning campaigns. Prashant Kishor's influence, from 'Chai pe charcha' to grassroots organizing, signifies this shift. Political consulting grows, with experts aiding parties in digital outreach, data analysis, and strategy formulation. Elections witness a blend of tradition and innovation, shaping the future of Indian politics.
J&K assembly polls soon, statehood to be restored: PM ModiPrime Minister Narendra Modi, speaking at an election rally in Jammu and Kashmir's Udhampur constituency, pledged the restoration of statehood and assembly elections in the union territory. He criticized the opposition, especially Congress, challenging them to promise the reinstatement of Article 370, which he described as a barrier he had demolished. Modi emphasized J&K's development and urged voters to choose BJP candidates. He accused Congress and others of dynastic politics, alleging they had misled people about Article 370.
Kishore Biyani settles lenders’ dues by selling SOBO mall to K Raheja CorpThe settlement was backed by realty developer K Raheja Corp., which acquired SOBO Central Mall. Earlier known as Crossroads, SOBO Central is the country’s first mall, having opened in late 1990s in south Mumbai's Haji Ali locality.
Don't comment on consultants' remarks: Congress on Prashant Kishor's statementCongress avoided responding to poll strategist Prashant Kishor's criticism of the grand old party. Kishor suggested structural issues under Rahul Gandhi's leadership and further recommended that Waynad MP should step back if election results won't come good for Congress. When asked about Kishor's remarks, Congress spokesperson Supriya Shrinate said, "I do not answer on remarks by consultants. Talk about political people, what is there to answer on consultants?"
Bihar has 'maximum anti-incumbency', lot of space for a new political party: Prashant KishorAsked if Bihar, with two strong regional parties in Yadav-led RJD and Kumar-led Janata Dal (U) besides the formidable BJP, the Left and the Congress, has space for one more political party, Political strategist Prashant Kishor told PTI that the state has more space than other states.
Rahul Gandhi should step aside if Congress does not get desired poll results: Prashant KishorKishor suggests Rahul Gandhi step back if Congress falters in polls, criticizing his leadership approach. Gandhi's resistance to delegation despite past failures is seen as anti-democratic and detrimental to the party's success.
Prashant Kishor makes big prediction for BJP in south & east, says you would be surprisedPrashant Kishor, a well-known political strategist, corroborated the BJP's assertions regarding its potential growth in seats and vote share in southern and eastern India, areas where it has historically had minimal presence. He specifically pointed out Telangana, Odisha, West Bengal, and Tamil Nadu as states where the BJP is anticipated to experience notable advances. However, he expressed skepticism regarding the party's chances of reaching its ambitious goal of securing 370 seats in the forthcoming Lok Sabha elections.
'Highly shameful' even if only 1 pc of Sandeshkhali allegations true: Calcutta HCCalcutta High Court expressed concern over sexual assault allegations in Sandeshkhali, emphasizing West Bengal's image at stake if even one percent of claims are true. BJP's Priyanka Tibrewal submitted around 100 affidavits of alleged victims. The court is considering transferring cases to the CBI. West Bengal's Advocate General Kishore Dutta opposed the transfer, citing lack of trust in central agencies. The court reserved judgment after hearing submissions. The matter arose from a suo motu motion on sexual assault and land grabbing in Sandeshkhali.
Lok Sabha elections: BSP releases list of 12 candidates, Nand Kishore Pundir to contest from GhaziabadThe Bahujan Samaj Party (BSP) announced its list of 12 candidates for the upcoming Lok Sabha elections. Led by Mayawati, the party has nominated Nand Kishore Pundir for the Ghaziabad seat. Sarwar Malik will contest from Lucknow, and Suresh Singh from Mathura. Hitendra Kumar and Gulshan Dev Shakya have been selected to run in the Aligarh and Mainpuri constituencies, respectively.
Spiritual app Vama makes senior leadership appointmentsDivick Kishore will be responsible for driving technological innovation, enhancing product offerings, and accelerating the platform's evolution in the digital spiritual services landscape.
Anurag Thakur slams Congress for supporting Delhi CM, says 'standing with dishonest Arvind Kejriwal…'Union Minister Information and Broadcasting Minister and BJP leader Anurag Thakur on March 30 joined election campaign of BJP Jammu candidate Jugal Kishore before his nomination. During the address, he hit out at the Congress for supporting Delhi CM Arvind Kejriwal."Congress is a political party that living with arrogance and is continuing to violate the law...Corruption by Congress is clearly visible. They are also standing with dishonest Arvind Kejriwal," said Anurag ThakurAnurag Thakur slams Congress for supporting Delhi CM, says 'standing with dishonest Arvind Kejriwal…'
Kishore Biyani offers Rs 476 cr for a Mumbai mall after Runwal's winThe Biyani offer comes just days after creditors had approved a Rs 475-crore bid from Runwal Group for the asset through an auction process, multiple people familiar with the development said.
Kishore Biyani's daughters Ashni and Avni to re-enter retail spaceFoodstories will be an 8000-sq ft retail format dining café that will also sell a wholly organic estate-to-cup coffee program, a single-origin chocolate experience, bespoke cheese, single-origin spices and dry fruits, farm-sourced fruits and vegetables. Avni Biyani said, “We’re building a community and platform for the dedicated entrepreneurs, growers, farmers, artisans, and food lovers.”
NCLT allows 45-day extension for Future unit resolutionThe resolution professional of the BSE-listed Future Supply Chain Solutions, Rajan Rawat, sought an extension of 45 days, pleading that two prospective resolution applicants have submitted their bids and lenders have already requested them to increase the value of their plans.
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