DMart

“I strongly believe that people, just the way that, you know, we don't go to a D-Mart to buy fashion. We don't go to a, you know superstore, supermarket to buy cosmetics. We go to a specialized store, right? How often do we buy shoes in shopper stock? We actual…”

“When it came out, it was 300 rupees per share. Now it's 4500 rupees per share in a matter of two and a half years.”

“Both Kevali and I wake up every morning knowing that if we make the right decisions, we're sitting on that DMART level outcome of building a 30, forty billion dollar company.”

“If you look at Nielsen's data, the average time it takes for a DMART, Reliance Fresh, more retail, Spencer's retail, et cetera, all, I mean, all companies that we have a lot of respect for, take some 18 to 24 months to turn a new supermarket profitable. We're …”

“And they are, you know, less than 10 X our size in sales, and we are growing multiples every year.”

“We have a no sugar muesli, so zero sugar, no, no raisins, no dates, no nothing, zero total sugar. It says zero total sugar, right? And that's the fastest selling product in Reliance and DMart.”

“Today, if a DMART is being valued at what it is, right? I mean, I don't think it's outrageous to believe that, you know, the quick commerce market cap in India can go all the way up to say even, even a hundred billion dollars.”

“The day India market reaches, D-Mart will be half the size of Walmart, or maybe the size of Walmart, right? So that's going to happen.”