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Vasanth & Co

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Vasanth & Co
TypeProprietary company
IndustryRetail
GenreElectronics
Founded1978
FounderH. Vasanthakumar
HeadquartersSaidapet,
Chennai, Tamil Nadu
,
India
Number of locations
96 branches (August 2020)
Area served
Tamil Nadu, Karnataka, Puducherry, Bangalore, Kerala, Andhra Pradesh, Mumbai, Delhi
Key people
H. Vasanthakumar
ProductsElectronic goods, gadgets, home appliances, consumer durables
RevenueIncrease ₹5 billion (US$66 million)(2019)[1]
Number of employees
2,900
Websitevasanthandco.in

Vasanth & Co is a chain dealer of consumer electronics and home appliances in Tamil Nadu, India. The company was founded in 1978 and has 96 showrooms across towns in Tamil Nadu, Karnataka, Kerala, Maharashtra, Delhi and Puducherry. The company was founded and owned by the late H. Vasanthakumar.[2]

Expansion

The chain reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007,[3] which had doubled by 2020.[4]

Vasanth & Co., Purasawalkam, Chennai, India

SAP implementation

The company chose to implement the mySAP ERP in 50 of its showrooms.[5]

Founder

The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus.[6]

See also

References

  1. ^ "The Hindu Business Line : Retailers in South gung-ho about new year sales". 16 January 2010. Archived from the original on 16 January 2010.
  2. ^ "Vasanth & Co to implement SAP". @businessline.
  3. ^ "Retailers in South gung-ho about new year sales". @businessline.
  4. ^ "Vasanthakumar – the man who delivered middle class dreams, in instalments". The News Minute. 30 August 2020. Retrieved 14 December 2021.
  5. ^ "The Hindu : Business / Briefly : Vasanth & Co. opts for SAP". 24 November 2006. Archived from the original on 24 November 2006.
  6. ^ "Congress MP and Vasanth & Co founder H Vasanthakumar dies due to COVID-19". The News Minute. 28 August 2020. Retrieved 14 December 2021.

External links


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