Terms of the offer
Renowned as the Retail King of India, Damani has carved an indelible mark through his visionary leadership as the founder and chairman of Avenue Supermarts Limited. With an illustrious career spanning decades, this Mumbai-based veteran investor has founded and nurtured the iconic D - Mart retail chain into a household name nationwide. DMart owner name, Radhakishan Shivkishanji Damani, commonly known as RK Damani, is a renowned Indian business magnate and the founder of Avenue Supermarts Limited, which operates DMart. While Red Lobster shifted ownership under Fortress Investment and saw changes in leadership and strategy, DMart owner Radhakishan Damani remains consistent, the founder and controlling stakeholder, maintaining stability and brand ethos without frequent change. Avenue Supermarts Limited, d/b/a DMart , is an Indian retail corporation that operates a chain of supermarkets and hypermarkets. The company was founded by Radhakishan Damani and is based in Mumbai. As of March 2025, DMart has 415 stores across 12 states and union territories in India. [3] In March 2024, the company had a total of 13,971 permanent employees and 59,961 employees hired on contractual basis. [4]