Vasanth & Co

Vasanth & Co
TypePartnership
IndustryRetail
Founded1978
FounderH. Vasanthakumar
Headquarters
Chennai, Tamil Nadu, India
,
Number of locations
84 (2020)
Area served
Tamil Nadu, Puducherry, Bangalore
Key people
  • V.Tamilselvi (Managing Partner)
  • V.Thangamalar Jaganath (Partner)
  • V.Vijayakumar(alias) Vijayvasanth (Partner)
  • V.Vinothkumar (Partner)
ProductsConsumer Electronics, Home Appliances, Gadgets, Mobiles, Laptops, Furniture
Revenue
  • ₹1500 Crores US$200million (2021)
Number of employees
1200
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 As of 2020 has 84 showrooms. The company was founded and owned by the late H. Vasanthakumar.[1]

Expansion

The chain reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007,[2] which had doubled by 2020.[3]

SAP implementation

The company chose to implement the mySAP ERP in 50 of its showrooms.[4]

Founder

Harikrishnan Nadar Vasanthakumar (14 April 1950 – 28 August 2020) was an Indian businessman and politician. He was the founder and chairman of Vasanth & Co, one of the largest retail home appliance chains in Tamil Nadu. He was also the founder and managing director of the Tamil satellite TV channel Vasanth TV.[1] He was elected as the member of parliament to the 17th Lok Sabha from Kanyakumari constituency in the 2019 Indian general election. He was also elected as member of the Tamil Nadu Legislative Assembly from Nanguneri constituency in the 2006 and 2016 elections.[2][3]

See also

References

  1. ^ "Vasanth & Co to implement SAP". @businessline.
  2. ^ "Retailers in South gung-ho about new year sales". @businessline.
  3. ^ "Vasanthakumar – the man who delivered middle class dreams, in instalments". The News Minute. 30 August 2020. Retrieved 14 December 2021.
  4. ^ "The Hindu : Business / Briefly : Vasanth & Co. opts for SAP". 24 November 2006. Archived from the original on 24 November 2006.