Draft:Ravi Modi

Ravi Modi is an Indian billionaire businessman, who is the founder and chairman of franchise-based apparel company Vedant Fashions.

According to the IIFL Hurun India Rich List 2022, Modi's net worth is ₹32,400 crore with 41 on the list.

Early life and education
Modi was born and raised in Kolkata, West Bengal, India. He is the third child alongside three sisters. His father was a businessman and ran a 140-sq-ft retail store inside AC Market in Kolkata in 1975. He was good in Mathematics & resides in a society on the outskirts of Kolkata which is away from the metropolis bustle. He did his bachelor's degree from St. Xavier's College, Kolkata.

Career
In 2001, Modi took ₹10,000 from his mother as a seed capital. In 2002, he started Vedant Fashions in Kolkata, to manufacture traditional Indian garments and he named the business after his son Vedant. In 2008, he set up first standalone exclusive brand outlet (EBO) store as Manyavar. In 2016, he moved to a franchise model from company-owned and company-operated stores.

Personal life
Ravi Modi married Shilpi Modi in the year 1987. They have a son, Vedant who is the chief marketing officer (CMO) of Vedant Fashions.

Awards

 * Winner of the entrepreneur of the year 2022 under the category Consumer Products and Retail.