linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth
ET Prime
Deals

Seeking value in the house that Kishore Biyani built

The man who unlocked the potential of modern retail in India needs a large equity infusion. An analysis of Future Group’s main businesses reveals that a lack of category leadership strained finances, while the pandemic made things even tougher.
font size
FONT SIZE
save
SAVE
saved
SAVED
Gift this article
GIFT ARTICLE
By
8 Jul 2020 7 Mins Read 8 comments
Kishore Biyani, founder and CEO, Future Group Getty Images
Kishore Biyani, founder and CEO, Future Group
There was a time when Kishore Biyani used to be called the father of India’s modern retail. Well, his admirers may take objection to the use of the past tense here, but it doesn’t detract from the truth. The tide has turned. Biyani, the man who founded Pantaloons and Big Bazaar, is reportedly in talks to sell
in a similar situation. But this time around, he has two more roadblocks to clear— a pandemic and an economic recession. (With inputs from Pravin Palande and research support by Rochelle Britto) Disclaimer: Bennett Coleman & Company Ltd, ET Prime’s parent firm, is an investor in Future Group. ( Graphics by Sadhana Saxena)
There was a time when Kishore Biyani used to be called the father of India’s modern retail. Well, his admirers may take objection to the use of the past tense here, but it doesn’t detract from the truth. The tide has turned. Biyani, the man who founded Pantaloons and Big Bazaar, is reportedly in talks to sell in a similar situation. But this time around, he has two more roadblocks to clear— a pandemic and an economic recession. (With inputs from Pravin Palande and research support by Rochelle Britto) Disclaimer: Bennett Coleman & Company Ltd, ET Prime’s parent firm, is an investor in Future Group. ( Graphics by Sadhana Saxena)

The latest from ET Prime is now on Telegram. To subscribe to our Telegram newsletter click here.

Gift this story

YOU CAN GIFT 0 MORE STORIES THIS MONTH

Maximum 10 Email IDs allowed

300 characters remaining

Gift Sent Successfully

Limit Reached
Limit Reached

You’ve gifted all the 0 articles from your monthly gift bucket!

Please come back next month.

0 more articles will be waiting for you in your gift bucket.

CONTRIBUTORS WHO HAVE COMMENTED ON THIS STORY

test

user

test

user Soumya Gupta ET Prime, Senior Staff Writer

test

user Manas Vr

test

user B S Bhat

Current Edition

Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare
Space

Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare

Satellite pictures of the Galwan valley region shared by US-based Planet Labs exposed China backtracking on the agreement with India to disengage. While the images did help India foster its case in shaping global opinion, it also exposes the country’s unpreparedness in advanced technologies. The episode underlines the urgent need to nurture companies in satellite imaging and space technology.

[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]