Meet Isha Ambani’s business partner who helps Mukesh Ambani & Nita Ambani’s daughter run her Rs 8.3 lakh crore company, her name is…
Mukesh Ambani, the wealthiest man in India with a staggering net worth of Rs 9.4 lakh crore, has entrusted his daughter, Isha Ambani, with one of Reliance Industries’ most successful ventures, ‘Reliance Retail’. Isha currently holds the position of Managing Director at this enormous enterprise, which operates through more than 45 brands and divisions, including Jio Stores, Reliance Fresh, JioMart, Hamleys, Urban Ladder, Zivame, and Justdial.
Reliance Retail recently launched Tira Beauty, a beauty and personal care brand that works both online and offline. However, it should be noted that Isha Ambani isn’t managing it alone, there’s another important name behind Tira’s success, and the name is Bhakti Modi.
Who is Bhakti Modi?
Bhakti Modi is Isha Ambani’s business partner and co-founder of Tira Beauty. Bhakti also serves as the Vice President of Strategy and Business Development at Reliance Retail. Since September 2021, Bhakti has been leading major strategic projects and new business plans at the company.
In 2022, Bhakti’s role expanded further. She was appointed Director at Reliance Brands Limited (RBL), a part of Reliance Retail that brings global luxury brands to India. RBL has introduced 85 top international names such as Burberry, Balenciaga, Versace, Valentino, Tiffany & Co., Bottega Veneta, Pottery Barn, and Pret A Manger.
Before co-founding Tira, Bhakti Modi held various roles within Reliance Retail. She began her career as a fashion buyer at Reliance Brands Limited (RBL), where she was responsible for handling renowned labels such as Superdry, Juicy Couture, and BCBG Max Azria. She later moved to AJIO, the fashion arm of Reliance, where she worked for nearly three years as a merchandiser and inventory planner.
Bhakti’s academic background
Bhakti’s academic background is equally impressive. She holds a Bachelor’s degree in Consumer Psychology from the University of Pennsylvania, along with an associate degree in Fashion/Apparel Design from Parsons School of Design in New York.
Bhakti has a strong personal relationship with Isha Ambani, and their friendship is based not only on business but also on deep family connections. Bhakti’s father, Manoj Modi, is known as Mukesh Ambani’s most trusted associate. As a sign of gratitude, Mukesh Ambani recently gifted him a grand 22-story building called Vrindavan, worth approximately Rs 1500 crore, located on Nepean Sea Road near Malabar Hill in Mumbai.
Bhakti is married to Tejas Goenka, the Managing Director of Tally Solutions, a prominent business management software company. In 2016, the Ambani family hosted an extravagant celebration at their residence, Antilia, to celebrate Bhakti and Tejas’ wedding.
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