Future Retail

Future Retail

Food & Beverage

Year of Investment: 2015

Investment Status: Alumni

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Overview

Leading modern trade operator in India

Created by Kishore Biyani, a successful and visionary retail entrepreneur who pioneered many retail concepts in India, Future Retail Limited (“FRL”) is the flagship company of Future Group. It operates several retail formats, on top of which Big Bazaar, India’s largest hypermarket chain, but also FBB (affordable fashion), HomeTown (one-stop destination for home furniture and appliances), Ezone (electronics).

Altogether, FRL welcome over 330 million Indian customers each year in its stores, which cover 240 cities and combine over 11 million square feet of retail space.

Future Retail Limited acquired in 2015 Bharti Retail, adding Easyday (leading supermarket chain in Northern India) to its store portfolio. As part of this transaction, FRL is going through a large business restructuring, with a demerger of its back-end operations (together with non-core investments) into a new company named Future Enterprises Limited, which got listed in June 2016. Verlinvest has been a shareholder in FRL since September 2015.

Find us
Brussels

Place Eugène Flagey 18
B-1050 Brussels

Singapore

Verlinvest Asia Pte Ltd.
163 Penang Road, Winsland House 2, #04-04
Singapore 238463

New York

215 Park Avenue South, Suite 2005
New York, NY 10003

London

Suite 4.08
Summit House
12 Red Lion Square,
London, WC1R 4QH

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