#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.

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