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India: 2018 Hyderabad: 5 IKEA opened first store in India with 37,000 m 2 (400,000 sq ft) in Hyderabad on 9 August 2018. [106] IKEA opened its second store in Navi Mumbai on 18 December 2020, [107] and its third outlet and first smaller format "city-store" in Worli, Mumbai on 9 December 2021. [108] IKEA plans to have 30 stores by 2028.
Livspace was founded in July 2014 by IIT Kanpur alumni Anuj Srivastava, formerly of Google and Ramakant Sharma, formerly of Myntra.In December 2015, the company introduced its private label of modular kitchens and wardrobes and rolled out services in Bengaluru, New Delhi and Mumbai. [6]
Nationality: Indian: Alma mater: Indian Institute of Science, Bangalore: Occupation(s) Founding Chairman and Managing Director of Keonics (1976–1983), Bangalore, India; Chairman and Managing Director, Hindustan Teleprinters Ltd, Chennai, India (1984–1986); Managing Director, Sandur Fluid Controls Pvt Ltd (1986–1988); Visionary, Industrialist, Electronic engineer, Professor of Management ...
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The company has set up two offices (Bangalore and Mumbai) and developed and launched the chocolate brand, LuvIt, in the southern states of India. [ 18 ] In January 2014, Mahendran partnered with IVF (India Value Fund) to acquire a 100% stake in ISS Hicare, a [est management firm, for Rs. 1.5 Billion.
Ingka Centres, IKEA's malls division, announced in December 2021 that it would open two malls, anchored by IKEA stores, in Gurugram and Noida in India at a cost of around ₹ 9,000 crore (US$1.0 billion). Both malls are expected to open by 2025.
P. Shyama Raju is an Indian entrepreneur, philanthropist and an educationist based in Bengaluru, Karnataka.He is the chairman and managing director of DivyaSree, he is also the chairman of Rukmini Educational Charitable Trust and the chancellor of REVA University, Bengaluru.
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.