Manyavar

Manyavar is a Kolkata originated Indian ethnic wear brand owned by Vedant Fashions Pvt Ltd (VFPL).[1][2][3] The company was founded by Ravi Modi.[4][5]

History

Modi worked at his family's garment store in Shakespeare Sarani. In 1999, he started working on Manyavar concept with a capital of INR 10,000. He initially sold through other retailers like Pantaloons and later founded VFPL in 2002. The first outlet was started in Bhubaneshwar in 2008.[6] Later in 2017, Manyvar got into women's ethnic garments.[7][8] In 2021, the company was looking to file for IPO.[9]

References
  1. "EdelweissResearch Manyavar Research".
  2. "Phillipcapital Manyavar Link" (PDF).
  3. "Rating Rationale". www.crisil.com. Retrieved 2021-12-05.
  4. May 9, Boby Kurian / TNN / Updated; 2017; Ist, 00:33. "Manyavar owner eyes women's brand Soch - Times of India". The Times of India. Retrieved 2021-11-01.CS1 maint: numeric names: authors list (link)
  5. "Global Indian Ethnic Wear Market Share, Statistics, CAGR, Outlook, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, and Covid-19 Impact 2021-2026". www.wboc.com. Retrieved 2021-12-05.
  6. "Vedant Fashions: Stitching Success With Ethnic Wear". Forbes India. Retrieved 2021-11-01.
  7. Rakshit, Avishek (2017-06-12). "Manyavar's Vedant Fashion looks for dual acquisition to lead women's wear". Business Standard India. Retrieved 2021-11-01.
  8. Saxena, Pragati (2021-09-22). "Manyavar ad, Kanyadaan and regressive Hindutva frenzy: Ladies, don't fall for it!". National Herald. Retrieved 2021-11-01.
  9. "'Manyavar' owner Vedant Fashions files IPO papers". The Financial Express. 2021-09-11. Retrieved 2021-11-01.
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