#7
Avenue Supermarts Group – Quiet Giants of Indian Retail
Key Person: Radhakishan Shivkishan Damani
Net Worth (INR)
₹244,924 Cr
Net Worth (USD)
$29,350Mn
Location
Mumbai
Industry
Radhakishan Damani’s Avenue Supermarts (DMart) revolutionised grocery retail with ruthless efficiency, value pricing, and customer-centricity. A master of frugality and foresight, Damani built an empire quietly, without advertising. Today, his family is scaling tech-driven retail while preserving the discipline that made DMart iconic. The Damanis prove that real disruption doesn't need noise—just consistent excellence.