Thread by @Pritesh7994

No one can judge Biyani accurately. Earlier also his business face debt issue, but he saved it by selling some of his business formats and he was once again in the game. This time also he could save his business easily since big players were interested in future group for some…

https://twitter.com/MoneyMystery/status/1413761967806816258

…stake.But since last 3-4 years his focus has been shifted from retail to Creating his own FMCG brands under Fconsumer.Earlier before covid Fconsumer’s yearly revenue was around Rs 4,000cr and it was the fastest growing FMCG company.But due to pandemic his retail business got..

…affected. Since his focus was shifted to FMCG brands he decided to sell his all other business except FMCG. He strike a deal with reliance retail. Shares will get merged into FEL. Shareholders of Future Consumer will get 9 shares of FEL for every 10 held. And base price of…

…FEL is decided at Rs 17. FEL will then after only look into FMCG business. FConsumer currently has it own 20-24 brands. After the deal Reliance Retail will pick about 17% of stake in FEL plus will signed a deal to sell FEL (Fconsumer) products on jio mart and in all its…

…retail stores. At present matter is in court because of Amazon. Since amazon is also interested to infuse funds in future group just because it has huge interest in future group’s FMCG business. Even if deal does not goes with reliance then amazon will take it by some way. …

…Even in such bad condition Biyani brought 2 hours delivery plan for FMCG products in Mid April. And in just 2 months now it has 1 lakh daily online orders with per bill of Rs 1200. And in this online FMCG orders he sells mostly products of his own brands of Fconsumer. Plus..

…in coming one month Mr. Biyani is launching his new FMCG brand called Smartsters. Even in such bad conditions he is launching is new FMCG brand which shows his focus is only on FMCG business. After the deal he will also sell his FMCG products in general trade also. This…

…thread is for educational purpose, do your own study before investing in it.