Founded in 1987, as a garment manufacturing company, Pantaloon
entered modern retail in 1997 with the opening of a chain
of department stores, Pantaloons. In 2001, Biyani evolved
a pan-Indian, class-less model Big Bazaar, a hypermarket
chain, leading to the democratisation of shopping in India.
With Food Bazaar, a supermarket chain, he blended the look,
touch and feel of Indian bazaars with western hygiene and
it has now evolved into the favoured destination for Indian
The Future Group operates through six verticals: Future Retail
(encompassing all lines of retail business), Future Capital
(financial products and services), Future Brands (all brands
owned or managed by group companies), Future Space (management
of retail real estate), Future Logistics (management of supply
chain and distribution) and Future Media (development and
management of retail media spaces).
The group's flagship enterprise, Pantaloon Retail, is India's
leading retail company with presence in food, fashion and
footwear, home solutions and consumer electronics, books and
music, health, wellness and beauty, general merchandise, communication
products, e-tailing and leisure, and entertainment.
The company owns and manages multiple retail formats catering
to a wide cross-section of the Indian society and its width
and depth of merchandise helps it capture almost the entire
consumption basket of the Indian consumer. Headquartered in
Mumbai, the company operates through 3.5-million square feet
of retail space, has over 100 stores across 25 cities in India
and employs over 12,000 people.
The company has also launched Central, a first of its kind,
seamless mall located in the heart of major Indian cities.
Some of it's other formats include, Collection I (home improvement
products), E-Zone (consumer electronics), Depot (books, music,
gifts and stationaries), aLL (fashion apparel for plus-size
individuals) and Blue Sky (fashion accessories).
Some of the group's subsidiaries include Home Solutions Retail
India Ltd, Future Bazaar India Ltd and ConvergeM Retail India
Ltd, which leads the group's foray into home improvement,
e-tailing and communication products, respectively. Other
group companies include, Pantaloon Industries Ltd, Galaxy
Entertainment and Indus League Clothing. It has also entered
joint venture agreements with a number of companies including
ETAM group, Gini & Jony, Liberty Shoes and Planet Sports,
a company that owns the franchisee of international brands
like Marks & Spencer, Debenhams, Guess and The Body Shop
Future Capital Holdings, the group's financial arm, recently
raised $1.1 billion in private equity funds for investment
in retail real estate and consumer-related industries. Apart
from asset managment, it also plans to get into insurance,
consumer credit and offer other financial products and services.