Last updated:
Vishal Mega Mart Story: There is a flood of mimes of ‘Vishal Mega Mart Job in Vishal Mega Mart’. However, the success story of Ramchandra Aggarwal, founder of ‘Vishal Mega Mart’, is no less interesting …Read more

The success story of Ramchandra Aggarwal, founder of Vishal Mega Mart …
Highlights
- Ramchandra Aggarwal established the huge mega mart.
- Aggarwal started in 1986 from a photocopy shop.
- Now Ramchandra Aggarwal owns assets worth 5,600 crores.
Then Aggarwal opened a readymade clothing shop. Put a sale of Rs 100-200 in the shop. Business in Kolkata for about 15 years. The workers left everyone and moved to Delhi in 2003 due to the problems of the union. In Delhi, he opened a store named Vishal Mega Mart. Keeping in mind the middle class and lower middle class, the style of selling ration to 99 rupees touched the hearts of people.
The huge mega mart company sold for 70 crores
He rapidly wanted to spread his business empire. Open 645 stores of Vishal in 414 cities. In 2007, the company brought its IPO of a valuation of 2000 crores. Vishal Mega Mart was listed in the stock market but from this Ramchandra Aggarwal’s troubles also started increasing. In 2008, the company did a business of Rs 1100 crore but the loss increased a lot. The 2008 recession, rapid growth race and hurried decisions taken in huge decides caused a lot of damage to Magamart. The company’s debt increased to 750 crores. Finally in 2010-11, Ramchandra Aggarwal sold a company worth 1100 crores to Shri Ram Group and TPG Capital for just 70 crores. In the year 2018, Kedar Capital and Partner Group bought Vishal Mega Mart for $ 350 million.
Vu to company erected from the remaining capital
Ramchandra Aggarwal’s courage did not break even after selling the huge mega mart. He once again entered the field of retail business from the remaining capital. The V to the company was set up. The first store of V2 retail was opened in Jamshedpur. In 2013, the company touched the business figures of 100 crores. In 2014, V2 retail turnover crossed 225 crores. By 2024, the company opened more than 150 stores across the country. Ramchandra Aggarwal now owns the empire of about 5,600 crore.

An Accompled Digital Content Creator and Planner. Creating enhanced news content for online and social media. Having more than 10 years experience in the field of journalism. Done Master of Journalism From M …Read more
An Accompled Digital Content Creator and Planner. Creating enhanced news content for online and social media. Having more than 10 years experience in the field of journalism. Done Master of Journalism From M … Read more