Full Name: Radhakishan Shivkishan Damani
Born: 1954 – Mumbai, Maharashtra, India
Known For: Founder of Avenue Supermarts (D-Mart), ace investor
Industry: Retail, Stock Market
Story:
Radhakishan Damani began his career far from retail — as a stock market investor in the 1980s. Known for his deep value investing approach and low-profile personality, he quickly earned a reputation in Dalal Street for his sharp instincts and disciplined mindset. He mentored several prominent investors, including Rakesh Jhunjhunwala.
But his biggest move came in 2002, when he entered the retail business by founding D-Mart — a supermarket chain focused on low prices, efficiency, and customer satisfaction. Unlike flashy retail startups, D-Mart grew quietly and profitably, eventually going public in 2017.
His IPO became one of India’s most successful, and today, Damani ranks among the top richest people in India — all while staying humble and private.
Key Achievements:
- Built D-Mart, India’s most profitable retail chain
- Veteran stock market investor with a cult following
- Founder of Avenue Supermarts Ltd.
- Known for simple living, high thinking, and business precision
Famous Quote (widely associated with his philosophy):
“Keep it simple. Focus on what works. Stay silent, stay strong.”
Legacy:
Radhakishan Damani’s journey is a masterclass in patience, discipline, and vision. Whether in stocks or retail, he proves that quiet ambition and long-term thinking can outperform the loudest voices. He’s an icon for investors and entrepreneurs who believe in value, integrity, and consistency.
