Crosswalk is going to be your favourite destination in Sector 93 Gurugram. Renowned brands like Domino’s , HDFC Bank, Giani, Nagpal’s and more are already there. Sodhi’s is opening soon. Visit Crosswalk and experience it for yourself. #JMS #JMSGroup #BuildingTomorrowTogether #Crosswalk #Dominos #Sodhi #supermarket #groceryshopping #realestate Virender Singh Anisha Tiwari KAVITA ADHIKARI Gur Asees Singh, CCPS - CSP Raghvendra Singh Vikas Kumar Singh Vishal Bhalla Kabir Bindra
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Building Zepto | Brand Solutions & Strategic Partnerships | E-Commerce | ex-Paytm | ex-nearbuy | ex-Groupon | St. Xavier's College | ICAI
If there ever would be a list made for the lowest of the lowest customer service quality / experience, FanCode and Delhivery will top the charts. I am stuck witha Knight Riders Sports - Kolkata, Trinbago, Abu Dhabi and Los Angeles Knight Riders merchandize that needs exchange. A return pickup is a basic thing facilitated by Ecom sites and the SOPs are to be well in order. For my Order Id 100661794, It has been well over a week now, there is no way to connect on phone calls, I have multiple ticket IDs open, escalated on DMS on social media, where no one is responding with a solution and just asking for my understanding. I hope this escalation post helps me get my solution. Yannick Colaco FanCode Delhivery you have lots of work to do. My experience has been really pathetic with how this has been going for me. Binda Dey Venky Mysore - you should really relook at your association with Fancode. I have been left hanging in the middle, and not an experience I would hope to have with such a studded franchise. #Fancode #Delhivery #CustomerService #KKR
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Breaking News: Delhi Khan Market Is Most Expensive Retail Market In India And 22nd Number In Global Ranking . . . #viralnews #viral #news #trending #viralpost #india #breakingnews #maharashtra #explorepage #tv #viralphoto #trendingnews #maharashtranews #viralcypher
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1. Radhakishan Damani, once a renowned figure in the stock market, is celebrated for his strategic investments in undervalued stocks like HDFC and Gillette. His sudden departure from the market in 2000 left many bewildered, but what followed was even more astonishing. 🤯 2. Initially, Damani took a seemingly modest step by acquiring a 5,000 sq ft Apna Bazar franchise in Nerul, Navi Mumbai. This move puzzled many until he revealed his grand plan two years later - the launch of his own retail store, Dmart, in 2002. 🚀 3. Damani's concept was straightforward yet revolutionary: offer everyday products at significant discounts. He achieved this by promising faster payments to vendors and, unlike his competitors, he chose to purchase rather than lease his store properties. The first Dmart opened in Powai, Mumbai in 2002, marking the beginning of a new retail era. 🙌 4. The initial focus for Dmart was on enhancing billing systems and establishing trust with vendors. Damani selected top-quality products from a limited range and guaranteed at least a 3% discount. This strategy quickly gained traction, leading to the gradual expansion of Dmart’s no-frills, high-value stores. 5. By 2007, Dmart had not only conquered Mumbai but had also branched out to Ahmedabad, achieving a staggering 260 CR revenue from just two stores. Expanding at a rate of about seven stores per year in cities like Pune, Baroda, Sangali, and Solapur, Dmart had successfully replicated its model across 25 stores in Western India by 2010. ✅ 6. 2013 was a milestone year for Dmart, with revenues hitting 3,334 CR, making it the third-largest retail chain in India after Reliance Retail and Future Group. Remarkably, Dmart achieved a profit of 100 CR in 2014 without relying on privately labeled products. 💪 7. Under Damani's profit-first strategy, the brand's growth was exponential. By now, Dmart's revenue had soared to 6450 CR, with a profit of 211 CR, surpassing both Reliance Retail and Future Retail. However, Damani knew the journey was far from over. �� 8. In a full-circle moment, Damani re-entered the stock market in 2017, not as an investor but as an entrepreneur. Dmart's IPO, valued at 1870 CR, was met with overwhelming response, being oversubscribed by 104 times. This success established Dmart as a 40,000 CR company. 📉 9. Continuing its phased expansion while maintaining a remarkable record of never closing a single store, Dmart operated 234 stores by 2021, owning 80% of them. ➡️Fast forward to the present, Dmart boasts 330 stores and has reached a market cap of 2,00,000 CR, ranking as the 603rd most valuable company globally. It's the first Indian retail chain to surpass the billion-dollar market profitably. Despite his low public profile, Radhakishan Damani, often seen in his signature white T-shirt and trousers, has earned the nickname "Mr. White and White," symbolizing his unique approach to business and life. ⬜ #dmart #india #startup #startupindia #casestudy
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📈 In 2023 alone, a whopping 12,409 housing units were sold in Dwarka Expressway micro-market, representing a remarkable 66% of the overall sales in Gurugram. 💰 This surge, amounting to a staggering Rs 25,000 crore in sales, marks a substantial 67% increase compared to the previous year, a prominent real estate advisory firm, has unveiled the data indicates surge in sales and launches along the Dwarka Expressway! 📊 These impressive figures underscore the evolving consumer preferences and market dynamics, presenting a golden opportunity for astute investors to capitalize on the thriving real estate market along the Dwarka Expressway. 🏡 Don't miss out on this unprecedented growth - seize the opportunity to invest in your future today! 💼 #DwarkaExpressway #RealEstate #InvestmentOpportunity #Gurugram
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Earlier this week Nitin Chhabra, CEO and co-founder of our portfolio company in India, ace turtle was invited to NYSE where he was interviewed by Judy Khan Shaw on the transformative impact that Ace Turtle has had on the Indian retail industry. Ace Turtle is a technology-driven SaaS platform company enabling at-scale omni-channel retail for brands focusing on optimising inventory and supply chain. Nitin shared that their journey hasn't been all smooth sailing and that the pandemic posed an existential threat to the company as they had to operate on virtually no revenue. He was thankful to have had the support of Vertex Ventures Southeast Asia & India who gave them a credit line to help them weather the storm. As the pandemic receded, Nitin and his entrepreneurial team sprang into action, positioning their platform as a service to empower retail companies by making sales and clearing their inventory through adopting technology. Watch the full interview below to learn more about how Ace Turtle did not rest after the pandemic ended and they went to seize the opportunities available to them. Vertex Ventures Southeast Asia & India invested in Ace Turtle's series A round back in 2017 and we continue to back them for future rounds. Congratulations to the team once again! #CoCreatingChampions #VC #VentureCapital #Vertex #VertexVentures #Investors #Founders #Entrepreneurs
Nitin Chhabra, CEO of ace turtle, talks with Judy Khan Shaw about the company’s journey and how it’s transforming the retail sector in India. #NYSEFloorTalk
NYSE Floor Talk with Nitin Chhabra, CEO of Ace Turtle
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#retailstore #Indianretailbrand #Dmart Meet the man who beat Reliance and created a 2,00,000 CR Shopping Brand. 1. Radhakishan Damani was a well-known figure in the stock market. Who can forget his investments in HDFC and Gilette when they were undervalued stocks? However, he shocked everyone when he quit the markets in 2000. What he did next was even more shocking. 2. He purchased a 5,000 sq ft franchise of a convenience retail store - Apna Bazar in Nerul, Navi Mumbai. When people couldn't understand what he was doing, Damani finally showed up his cards two years later. He wanted to launch his retail store. In 2002, Dmart was born. 3. The idea was simple Offer people daily use products at heavy discounts. To execute this, he promised to pay his vendors in 11 days instead of 21 days to get products cheaply. When everyone was leasing its stores, Damani decided to buy. In 2002, Dmart opened for the first time in Powai, Mumbai. 4. The early days of Dmart were improving billing systems and building trust with vendors. He chose the best products from limited categories and offered a minimum 3% discount. The idea picked up, and Dmart's no-frill, high-value stores started opening up slowly. 5. After capturing Mumbai, Damani opened a new outlet in Ahmedabad in 2007. It touched revenues of 260 CR from just two stores. He added seven stores yearly in Pune, Baroda, Sangali and Solapur. By 2010, Dmart had replicated the model in 25 stores in the Western belt. 6. Dmart's revenue soared to 3,334 CR in 2013. It became the third-largest branded retail chain after Reliance Retail and Future Group. Without selling privately labelled products, Dmart made a profit of 100 CR in 2014. 7. Damani's profit-first approach had scaled the brand massively. It soared to revenues of 6450 CR. It booked a profit of Rs. 211 CR and beat Reliance Retail (159 CR) and Future Retail (153 CR) at half their stores. Damani knew the game wasn't over. One final move was left. 8. Radhakishan Damani was back in the Stock market. Not as an investor but as an entrepreneur this time. Dmart went public with an IPO of 1870 CR on March 21, 2017. Its IPO, subscribed by a whopping 104 times, showed confidence in the model. By the time markets closed, Dmart was a 40,000 CR company. 9. Even post-IPO, it kept expanding in a phased-wise manner. Damani never shut down a single Dmart store to date. By 2021, Dmart operated 234 stores in India. Interestingly, Dmart owned 80% of them. Today, Dmart has 330 stores and a market cap of 2,00,000 CR. It is the World's 603 most valuable company and the first retail chain in India to cross the billion-dollar market profitably. Radhakishan Damani rarely comes out in the open, but for his traditional white T-shirt and white trousers attire, he is called " Mr. White and White.
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This man built a ₹2,50,000 Cr retail brand that beat Reliance and Big Bazaar. When he was young, R.K. Damani's family used to live in a one-room apartment in Mumbai. Studies were never his strong suit, and he dropped out of college to try and build his own business. However, his life turned upside down because of his father's sudden death, forcing him to join his brother's stockbroking business. In the 1990s, he made huge profits through short-selling stocks, to the point that he rose to become the largest shareholder of HDFC bank. When thousands of people lost money to Harshad Mehta, Damani made huge profits. However, money wasn't what interested him, business did. In 2000, he purchased a franchise of Apna Bazaar, and decided to build it into something of his own, After two years, Damani started D-Mart in a small room in Powai. Unlike his competitors, his priority was to give the best to their customers. Damani purchased products in bulk at low prices and sold them all together at DMart, adopting the "High Volume-Low Margin" concept. Additionally, he focused on its core food and grocery business without diversifying it. With this vision, D-Mart today has 341 stores, across 14 states, and ended up clocking in over ₹10,000 crores every quarter in 2023. From being a stock broker to building the most successful shopping brand, Damani's journey proves that humble beginnings don't restrict you from achieving big things. Entrepreneurs like him are a force to be reckoned with. #business #growth #resilience #entrepreneurship
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An excellent illustration of creating a sustainable business and competitive advantage through related diversification-Getting into new business by keeping “Tech” capability at the core , Trade-off: Deciding on what not to do, Customer centricity: Circular flow of data( From customer to customer) and Inventory optimization through integration of inventory pools for different verticals.
Nitin Chhabra, CEO of ace turtle, talks with Judy Khan Shaw about the company’s journey and how it’s transforming the retail sector in India. #NYSEFloorTalk
NYSE Floor Talk with Nitin Chhabra, CEO of Ace Turtle
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Hey Folks 🤩 Just A general Opinion 😝 it's been 2 years waiting for the day to start a multiplex in Bhagalpur city , I have been waiting for it just because I want to see that how services works in these multiplex I will conclude in 4 to 5 points what i observed when I visited multiplex. 1- Place : It is the core factor in multiplex/mall business industry. while choosing the place for it investor always look for crowded area or main point of the city ,but what i observe sometime it's also built in side area apparently both generates a good amount of money.🌆 2- Company Franchise : You must heard about V- Mart, 1 India Mart and many more so these brands in mall industry matters a lot. Investor only invest money they don't take care about the markets and all , but if you start individually you have to invest and stress about marketing.💸 3 - Customer Support : "Customer is god" you have must heard this line, I consider it's 💯 true , because without customer any public sector is nothing. so These malls give you best luxury and comfort whatever nowadays you can visit mall like it's a park, but be careful with your wallet😂. 4 - Offers : You've must heard about Flipkart big billion days it attract more customers and make a regular customer.And these kind of offers make a company known people start recommending to others and business grow like hell. 🚀 That's what I feel has to say more but may be later ,Pure love ❤️ if u read it throughout. #TMBU
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Meet the man who beat Reliance and created a 2,00,000 CR Shopping Brand. 1. Radhakishan Damani was a well-known figure in the stock market. Who can forget his investments in HDFC and Gilette when they were undervalued stocks? However, he shocked everyone when he quit the markets in 2000. What he did next was even more shocking. 🤯 2. He purchased a 5,000 sq ft franchise of a convenience retail store - Apna Bazar in Nerul, Navi Mumbai. When people couldn't understand what he was doing, Damani finally showed up his cards two years later. He wanted to launch his retail store. In 2002, Dmart was born. 🚀 3. The idea was simple ⏩ Offer people daily use products at heavy discounts. To execute this, he promised to pay his vendors in 11 days instead of 21 days to get products cheaply. When everyone was leasing its stores, Damani decided to buy. In 2002, Dmart opened for the first time in Powai, Mumbai. 🙌 4. The early days of Dmart were improving billing systems and building trust with vendors. He chose the best products from limited categories and offered a minimum 3% discount. The idea picked up, and Dmart's no-frill, high-value stores started opening up slowly. 5. After capturing Mumbai, Damani opened a new outlet in Ahmedabad in 2007. It touched revenues of 260 CR from just two stores. He added seven stores yearly in Pune, Baroda, Sangali and Solapur. By 2010, Dmart had replicated the model in 25 stores in the Western belt. ✅ 6. Dmart's revenue soared to 3,334 CR in 2013. It became the third-largest branded retail chain after Reliance Retail and Future Group. Without selling privately labelled products, Dmart made a profit of 100 CR in 2014. 💪 7. Damani's profit-first approach had scaled the brand massively. It soared to revenues of 6450 CR. It booked a profit of Rs. 211 CR and beat Reliance Retail (159 CR) and Future Retail (153 CR) at half their stores. Damani knew the game wasn't over. One final move was left. 👇 8. Radhakishan Damani was back in the Stock market. Not as an investor but as an entrepreneur this time. Dmart went public with an IPO of 1870 CR on March 21, 2017. Its IPO, subscribed by a whopping 104 times, showed confidence in the model. By the time markets closed, Dmart was a 40,000 CR company. 📉 9. Even post-IPO, it kept expanding in a phased-wise manner. Damani never shut down a single Dmart store to date. By 2021, Dmart operated 234 stores in India. Interestingly, Dmart owned 80% of them. ➡️ Today, Dmart has 330 stores and a market cap of 2,00,000 CR. It is the World's 603 most valuable company and the first retail chain in India to cross the billion-dollar market profitably. Radhakishan Damani rarely comes out in the open, but for his traditional white T-shirt and white trousers attire, he is called " Mr. White and White. ⬜ #dmart #india #startup #startupindia #casestudy
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