D-Mart Founder, Second Richest Indian Radhakishan Damani Donates Rs 155 Crore For Nation’s Fight Against COVID-19

Second richest Indians and the promoter of Avenue Supermarts which owns the fabled modern retail brand D-Mart, Radhakishan Damani has donated a whopping Rs 155 crore to different funds to aid the nation's fight to contain the spread of Novel Coronavirus (COVID-19), reports Financial Express.

Damani has donated a sum of Rs 100 crore to the PM CARES fund which was recently launched by Prime Minister (PM) Narendra Modi himself. Apart from this, Damani has donated a sum of Rs 55 crore to the relief funds operated by various State Governments.

Damani is presently the second richest Indian after Mukesh Ambani. He is a veteran investor and he had ventured into modern retail with the launch of D-Mart hypermarkets in 2002 with its first branch having opened in Mumbai's Hiranandani Gardens.