Radhakishan Damani's daughters, Madhu Chandak, Manjri Chandak, and Jyoti Kabra, are actively contributing to the success and innovation of Avenue Supermarts and Bombay Swadeshi Stores. Their involvement ensures the continuation of a rich retail legacy while embracing modern business practices and social responsibility.
The daughters of Radhakishan Damani, India's esteemed retail king and owner of the D'mart supermarket chain, are making significant strides in continuing and evolving his business legacy. Madhu Chandak, Manjri Chandak, and Jyoti Kabra are actively involved in various aspects of the business, ensuring a blend of tradition and modern innovation.
Madhu Chandak serves as a director at Bombay Swadeshi Stores, a retailer with a remarkable 115-year history. In this role, she not only represents the interests of Radhakishan Damani on the board of trustees but also spearheads D-Mart’s CSR initiatives, demonstrating a commitment to social responsibility and community engagement. Her master’s degree in finance from Cardiff University equips her with the expertise to effectively manage and guide these crucial activities.
Manjri Chandak holds a directorship at Avenue Supermarts Limited and is associated with seven companies, showcasing her broad business acumen. Her day-to-day involvement, particularly in merchandising, is crucial to understanding and meeting consumer needs. Guided by her father's extensive experience, Manjri's deep interest in consumer businesses promises to drive further growth and customer satisfaction.
Jyoti Kabra also plays an integral role in merchandising, benefiting from her father's guidance in navigating the complexities of consumer business operations. Together, Madhu, Manjri, and Jyoti demonstrated their commitment to preserving heritage when they acquired half of Bombay Swadeshi Stores' stake for Rs 42 crore in 2015. This acquisition underscores their dedication to upholding the legacy of a retailer founded by freedom fighters and industrialists like Bal Gangadhar Tilak and JRD Tata.
The active involvement of Radhakishan Damani’s daughters not only ensures the continuity of his business empire but also signals a bright future for Avenue Supermarts and Bombay Swadeshi Stores, promising continued growth, innovation, and a steadfast commitment to social responsibility.
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