Draft:Ravi Modi
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Submission declined on 31 August 2024 by Theroadislong (talk). This submission's references do not show that the subject qualifies for a Wikipedia article—that is, they do not show significant coverage (not just passing mentions) about the subject in published, reliable, secondary sources that are independent of the subject (see the guidelines on the notability of people). Before any resubmission, additional references meeting these criteria should be added (see technical help and learn about mistakes to avoid when addressing this issue). If no additional references exist, the subject is not suitable for Wikipedia. Declined by Theroadislong 5 days ago. | ![]() |
Ravi Modi | |
---|---|
Born | 1977 (age 47)[1] |
Alma mater | Bachelor in Commerce, St. Xavier's College, Kolkata |
Spouse |
Shilpi Modi (m. 1987) |
Children | Vedant Modi (son) |
Website | https://manyavar.com/ |
Ravi Modi is an Indian billionaire businessman, who is the founder and chairman of franchise-based apparel company Vedant Fashions.[2][3]
According to the IIFL Hurun India Rich List 2022, Modi's net worth is ₹32,400 crore with 41 on the list.[4]
Early life and education
[edit]Modi was born and raised in Kolkata, West Bengal, India. He is the third child alongside three sisters.[5] His father was a businessman and ran a 140-sq-ft retail store inside AC Market in Kolkata in 1975.[6] He was good in Mathematics & resides in a society on the outskirts of Kolkata which is away from the metropolis bustle.[4] He did his bachelor's degree from St. Xavier's College, Kolkata.[7]
Career
[edit]In 2001, Modi took ₹10,000 from his mother as a seed capital.[7]
In 2002, he started Vedant Fashions in Kolkata, to manufacture traditional Indian garments and he named the business after his son Vedant.[8]
In 2008, he set up first standalone exclusive brand outlet (EBO) store as Manyavar.[9]
In 2016, he moved to a franchise model from company-owned and company-operated stores.[10]
Personal life
[edit]Ravi Modi married Shilpi Modi in the year 1987. They have a son, Vedant who is the chief marketing officer (CMO) of Vedant Fashions.[10]
Awards
[edit]- Winner of the entrepreneur of the year 2022 under the category Consumer Products and Retail.[11]
References
[edit]- ^ "How Ravi Modi built the Manyavar empire". Forbes.com. 6 Dec 2022. Retrieved 19 March 2024.
- ^ "How Ravi Modi Built The Manyavar Empire". Forbes India. Retrieved 2024-03-19.
- ^ "Manyavar: The Indian Ethnic Wear Disruptor | CEOInsights Vendor". www.ceoinsightsindia.com. Retrieved 2024-03-19.
- ^ a b "Hurun Rich List 2022: Who is Ravi Modi, whose net worth grew 376%?". Hindustan Times. 2022-09-25. Retrieved 2024-03-19.
- ^ "Meet Ravi Modi, The Man Who Gave Indian Weddings A Classy Touch With His Brand Manyavar | His Net Worth and More". TimesNow. 2023-07-05. Retrieved 2024-03-19.
- ^ "The Untold Story Of How Ravi Modi Built Vedant Fashions—the Makers Of Manyavar—into A $3.5 Billion Behemoth". Forbes India. Retrieved 2024-03-19.
- ^ a b "मां से 10 हजार लेकर बना दी 32,000 करोड़ की कंपनी, रवि मोदी ने आखिर कैसे किया यह कमाल!". Navbharat Times (in Hindi). Retrieved 2024-03-19.
- ^ "The 45-year old founder of Manyavar is worth over Rs 30,000 crore". CNBCTV18. 2022-11-28. Retrieved 2024-03-19.
- ^ "Weekly Wrapup: The Extraordinary Manyavar & Mohey". Finshots. 2022-10-08. Retrieved 2024-03-19.
- ^ a b Raghunathan, Anu. "This Billionaire Made His Fortune Selling Affordable Fashion For Big Fat Indian Weddings". Forbes. Retrieved 2024-03-19.
- ^ "Ravi Modi". www.ey.com. Retrieved 2024-03-19.
External links
[edit]