Radhakishan Damani Investments
14
Radhakishan Damani has made 14 investments.
| Date | Company | Sector | Round | Investments | Co-Investors |
|---|---|---|---|---|---|
| Retail | Secondary | ₹ 1992 Cr | |||
| Manufacturing | Secondary | - | |||
| Hospitality | Secondary | - | |||
| Education | Secondary | ₹ 540 Cr | |||
| Utilities | Secondary | ₹ 25 Cr | |||
| Logistics | Secondary | ₹ 36 Cr | |||
| Cement | Secondary | ₹ 29 Cr | |||
| Finance | Secondary | ₹ 212 Cr | |||
| Beverages | Secondary | ₹ 1190 Cr | |||
| Chemicals | Secondary | ₹ 1157 Cr | |||
| Retail | Secondary | ₹ 626 Cr | |||
| Finance | Secondary | ₹ 6 Cr | |||
| Telecommunications | Secondary | ₹ 198982 Cr | |||
| Healthcare | Secondary | ₹ 102 Cr |
Radhakishan Damani Frequently Asked Questions (FAQs)
Who is Radhakishan Damani?
Radhakishan Damani is the founder of DMart and a billionaire investor with a net worth of $15.5 billion (₹165,437.7 crore) as of December 2024.
Why is DMart so successful?
- Offering competitive prices through bulk purchasing and efficient supply chain management.
- Targeting middle-income customers and their everyday needs.
- Maintaining a low-debt, high-cash-flow operational model.
What is Radhakishan Damani’s contribution to Indian business?
He has revolutionised the retail industry in India with DMart, inspired countless investors with his disciplined approach to stock market investments, and set an example of how simplicity and focus can lead to monumental success.
What is the net worth of Radhakishan Damani?
Radhakishan Damani’s net worth is $15.5 billion (₹165,437.7 crore), primarily from DMart and his stock market investments.
How did Radhakishan Damani become rich?
Radhakishan Damani quit the stock market in 2000 to start DMart, a hypermarket chain. The company grew rapidly, went public in 2017, and made him the fourth-richest Indian with a net worth of $16.5 billion in 2020.
Who bought the ₹1001 crore house in India?
Radhakishan Damani and his brother Gopikishan Damani purchased a ₹1001 crore property in Mumbai, one of the most expensive real estate deals in India, paying a significant stamp duty for the transaction.
Is DMart owned by Adani?
No, DMart is owned by Radhakishan Damani's Avenue Supermarts Limited (ASL), not by Adani.
What is the story of DMart?
DMart was founded by Radhakishan Damani to offer quality products at affordable prices, revolutionizing retail in India with its customer-centric approach and efficient operations.
What is the net worth of DMart in 2024?
As of September 2024, DMart's net assets were ₹208.67 billion, reflecting its strong growth and market presence.
What are Radhakishan Damani’s real estate investments?
Damani owns a ₹1,001 crore bungalow in Malabar Hill and 28 luxury apartments in Mumbai worth ₹1,238 crore.
What is Radhakishan Damani’s investment strategy?
Radhakishan Damani focuses on long-term growth, investing in high-conviction stocks with strong fundamentals. His portfolio is concentrated in quality companies like DMart, VST Industries, and India Cements, while diversifying across retail, finance, hospitality, and education sectors to manage risk.