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Future Group operates as a major Indian retail network with multiple formats. It connects a diverse set of buyers, sellers, and manufacturers to serve around 220 million customers every year, sourcing products and services from over 30,000 entrepreneurs and manufacturers across India. How it works: the group runs a range of retail formats and brings together goods from many suppliers for consumers to purchase in its stores, focusing on the consumption space to drive economic development. How it differs from competitors: it leverages a vast, nationwide ecosystem of retailers, suppliers, and communities to create scale and local relevance, aiming to grow the customer base and community impact through a broad retail footprint. The goal: to serve customers and stakeholders by creating and executing future scenarios in the consumption space that promote economic development.
Industries
Enterprise Software
AI & Machine Learning
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
India
Founded
2013
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Health Insurance
401(k) Retirement Plan
Performance Bonus
Professional Development Budget
Hybrid Work Options
Flexible Work Hours
Inverness-based IT solutions provider Accord Business Solutions has acquired a significant stake in multi-service solutions provider Future Group. The deal will retain Future's management team, brand and staff.
Reliance came with Trends in 2006 shortly after Future Group launched Central in 2004.
Debt-ridden Future Group has announced that as part of its asset monetisation strategies to reduce debts, it will sell its 25% stake in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore.
In August last year, the Mumbai-based Future Group agreed to sell its retail assets to Amazon rival Reliance Industries Ltd. for $3.4 billion.
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Industries
Enterprise Software
AI & Machine Learning
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
India
Founded
2013
Find jobs on Simplify and start your career today