About Us

Rewrite Rules, Retain Values – this simple idea has been at the core of our business since the inception of Future Group. Today, a wide portfolio of brands in food, FMCG and fashion, complement the country’s pioneering modern retail networks.

More than 600 million customer visits are recorded across the 2,000 Future Group retail stores, covering over 24 million square feet of space in over 400 cities and towns. Millions more interact with group’s brands and businesses through ecommerce sites, social media and mobile apps like FuturePay and EasyDay Club.

Future Group’s food value chain operates with its nation-wide network, reaching the smallest towns and cities with its sourcing and manufacturing units, and integrated distribution systems. Tasty Treat, Golden Harvest, Karmiq, Kara, Sunkist, ThinkSkin, Mother Earth, Kosh, Nilgiris are among the leading brands from the Future Group.

In fashion, our manufacturing facilities produce garments designed and sourced by a talented team of trend-spotters, designers and merchandizers. Brands like Lee Cooper, John Miller, CoverStory, Indigo Nation, Scullers, Knighthood, DJ&C, Bare, UMM, and Ancestry are some of our key brands.

The flagship retail brand Big Bazaar is ranked among the most valuable Indian brands (Interbrand), and among the most trusted brands (Nielsen). Leading department store network, Central, smart prices retailer, Brand Factory, and popular fashion destination FBB are also a part of the group, along with a growing chain of small neighbourhood stores, EasyDay and Heritage Fresh, and convenience stores WH Smith and 7-Eleven.

Our Mission

We share the vision that our customers and stakeholders are best served by creating and executing future scenarios in the consumption space leading to economic development.

We will be the trendsetters in evolving consumer brands and delivery formats and by making consumption affordable for all customer segments. We shall infuse Indian brands with confidence and renewed ambition. We shall be efficient, cost- conscious and committed to quality in whatever we do.

We shall ensure that our positive attitude, sincerity, humility and united determination shall be the driving force to make us successful.

Our Values

RESPECT AND HUMILITY in dealing with everyone within and outside the organisation

FLOW by constantly learning and being inspired from the universal laws of nature

INDIANNESS by believing in oneself and doing things the Indian way

INTROSPECTION for continuous learning, self-development and personal excellence

OPENNESS AND ADAPTABILITY by accepting new ideas and knowledge, and being proactive in meeting challenges emerging from changing business scenarios

VALUING AND NURTURING RELATIONSHIPS with customers, business associates, stakeholders, communities and the society LEADERSHIP in thought and in business

SIMPLICITY AND POSITIVITY to foster innovation, speed and imagination

Leadership

Kishore Biyani | Chairman & Managing Director

Kishore Biyani is the founder and Group CEO of Future Group. Widely credited as the pioneer of modern retail industry in India, Kishore Biyani is a mentor and role model for many Indian entrepreneurs and a thought leader in Indian business.

Over the past two decades he has created and leads some of India’s most popular retail chains like Big Bazaar, Central, Brand Factory, Foodhall, fbb, among others. Over time, various retail chains like Nilgiris, Aadhaar, Easyday, Heritage, HyperCity and others have also become part of Future Group. These retail chains are present in more than 250 cities across India and attract over 500 million customers footfalls annually. Simultaneously, he has also led the creation of a wide portfolio of consumer goods brands in fashion, food and electronics space, that are distributed through the group’s retail chains and various other modern retail networks in the country. The group also made substantial investments in technology, analytics, food processing, logistics and warehouse networks, provides mentorship and investments to many Indian entrepreneurs and brands and operates joint ventures with Clarks, Generali Group, Hidesign, among others.

A believer in the group’s corporate credo, ‘Rewrite Rules, Retain Values,’ Kishore Biyani considers Indianness as the core value driving the group. His autobiography, ‘It Happened In India,’ has been translated into a number of languages. Kishore Biyani was born in August 1961 and is married to Sangita Biyani. They live in Mumbai with their daughters, Ashni and Avni.

Rakesh Biyani | Joint Managing Director

Mr. Rakesh Biyani is a Joint Managing Director of Future Retail Limited. He has been associated with the company for over 20 years.

In his executive role as the Joint Managing Director, Mr. Rakesh Biyani leads the management and expansion of the company’s flagship formats, Central, Big Bazaar and Food Bazaar. Rakesh is actively involved in Category Management, Retail stores operations and Information Technology.

Rakesh has done an Advanced Management Program course from Harvard and is a commerce graduate from HR College, Bombay.

Ms. Gagan Singh | Independent Director

Ms. Gagan Singh is our Independent Director. She was appointed as an Independent Director of our Company with effect from April 30, 2016. She is a Chartered Accountant from The Institute of Chartered Accountants of India and Cost Accountant from The Institute of Works Accountants of India. Ms. Gagan Singh is CEO – Business (India) and Chairperson Sri Lanka Operations of Jones Lang LaSalle (“JLL”).

She joined in May 2007 and achieved various milestones during her stint with JLL. She was nominated to the World Economic Forum Global Agenda Council on Gender Diversity for two years. She has over 30 years of experience across apparel, exports and hospitality sectors. Prior to JLL, she was with Benetton India for over six years as Executive Director and later as CEO and ensured to make Benetton a powerhouse in the Indian Lifestyle & Apparel industry. Prior to Benetton, she was COO at DCM International and was responsible for all export initiatives and also ensured audit compliance of DCM Financial Services.

She has also worked with the Soaltee Group, Nepal as VP-Finance & Planning. She began her career with Ranbaxy Laboratories Ltd. She is a trustee of the Salaam Baalak Trust, an NGO and is the founding VP of Youth reach, an NGO

Mr. Ravindra Dhariwal | Independent Director

Mr. Ravindra Dhariwalis our Independent Director. He was appointed as an Independent Director of our Company with effect from April 30, 2016. He is an MBA from IIM-Calcutta and also a B.E. from IIT Kanpur. Mr. Dhariwal is a Senior Advisor to TPG India and brings with him the experience of 39 years of building consumer business all over the World.

Just prior to joining TPG India, Mr. Dhariwal was the Chief Executive Officer of Bennett &Colemon&Co.Ltd., India’s largest media company, with diversified media platforms including Radio Mirchi, Times Television Network, The Times of India, the World’s largest selling English newspaper, Times Internet and Times OOH. Mr. Dhariwal was also the global President of International News Media Association from 2011-2013. Prior to joining Bennett & Coleman &Co.Ltd, Mr. Dhariwal worked with Pepsico for 12 years.

He also led the beverage business in India, Africa and South East Asia. Mr. Dhariwal started his career with Unilever in India in 1977 and worked for them in India and Australia for over 12 years mostly in the Sales and Marketing management.

Mr. Shailendra Bhandari | Independent Director

Mr. Shailendra Bhandari is our Independent Director. He was appointed as an Independent Director of our Company with effect from April 30, 2016. He holds a Masters degree (MBA) in Management from IIM, Ahmedabad. He is also Bachelor of Arts (Honours) in Economics from St. Stephen’s College in Delhi University. Mr. Shailendra Bhandari is a seasoned finance professional with 34 years of experience and an impressive track record of accomplishments.

His areas of expertise include Banking, Private Equity and Mutual Funds. Mr. Shailendra Bhandari was Managing Director & CEO of ING Vysya Bank Ltd from 2009 until January 2015. Before this Mr. Bhandari was heading the Private Equity arm of Tata Capital Limited. Earlier as Managing Director and CEO of Centurion Bank of Punjab from 2004 until 2008, he led the successful turnaround of the Bank.

As Managing Director and CEO of Prudential ICICI Asset Management from 2000 to 2004, he grew the fund to the largest private sector mutual fund. Before this, he was part of the core team to set up HDFC Bank in 1994 as Treasurer and Executive Director. Mr. Shailendra Bhandari is also an ex·Citi banker, where he spent twelve years in several roles in India and overseas.

Ms. Sridevi Badiga | Independent Director

Ms. Sridevi Badiga is our Independent Director. She was appointed as an Independent Director of our Company with effect from April 20, 2017. Ms. Badiga currently runs a cross-border advisory practice, working closely with a network of family offices and Institutional Investors in the Middle East. In past, she had worked in Kuwait, Bahrain, Qatar and Dubai primarily in Investment Banking.

Prior to moving to the GCC, Ms. Sridevi was a part of Gap Inc.’s Corporate Finance team based in San Francisco, getting retail insight. Earlier, Ms. Badiga was an Investment Banker with JP Morgan in New York City and Hong Kong focusing on the Power and Infrastructure sector. She is holding an MBA Degree from the Kellogg School of Management and BBA Degree in Accounting from Hofstra University in New York. She also has a certificate in patisserie making from Le Cordon Blue, Paris.

Mr. Rahul Garg | Non Executive Director

Mr. Rahul Garg is our Non Executive Director. He was appointed as an Non Executive Director of our Company with effect from August 09, 2018.

Mr. Rahul Garg holds a B.E. (Mechanical) from Delhi College of Engineering (1993-1997) and a Management degree from MDI, Gurgaon (1997-1999). Mr. Garg is the Partner and Co-Head India Private Equity strategy of Premji Invest. He leads investments in BFSI and Consumer/Retail sectors.

Prior to Premji Invest, He was associated with ICICI Bank Ltd and worked across the entire financial services spectrum covering private equity, convertibles, investment banking, corporate banking, structured finance, forex and project finance.

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