Latest news with #KwalityIceCream
Pink Villa
13 hours ago
- Business
- Pink Villa
Who is Ravi Ghai? Meet Arjun Tendulkar's soon-to-be grandfather-in-law and Rs 1000 crore business tycoon
Sachin Tendulkar's son, Arjun Tendulkar, has started a new chapter in his life. Arjun, who is also a cricketer, is reportedly engaged to entrepreneur Saaniya Chandok. Chandok is the granddaughter of the famous business tycoon Ravi Ghai. Here's all you need to know about the business tycoon. Ravi Ghai is the son of Iqbal Krishan Ghai, the founder of Kwality Ice Cream Ravi Ghai is a Mumbai-based businessman who heads the Graviss Group, a company with ventures in the food and hospitality industries. He is the son of Iqbal Krishan Ghai, who founded the Kwality Ice Cream brand and the Natraj Hotel, now known as the InterContinental Hotel. Ravi Ghai, who is all set to be Arjun Tendulkar 's grandfather-in-law, studied at Cornell University's Statler Hall – Nolan School of Hotel Administration in New York. He returned to India in 1967 and took over the family business. Under his leadership, the Graviss Group expanded to include the Baskin-Robbins franchise for the SAARC region. He also owns a popular ice-cream brand, The Brooklyn Creamery. Ravi Ghai transferred 49 percent of company's share to his son, Gaurav Ghai Ravi Ghai is the non-executive chairman of Graviss Hospitality Ltd. His son, Gaurav Ghai, is the current chairman of the conglomerate. Ravi holds positions in Kwality Real Estates Pvt Ltd, Perfect Livestock LLP, and other entities. Graviss Group includes Graviss Hospitality Pvt Ltd and Graviss Food Solutions Pvt Ltd. Earlier, he was the 100 percent owner of these companies. According to a report by Free Press Journal, in 2020, Ghai 'willingly' transferred 49 percent of the total share from the company's capital to his son, Gaurav Ghai, on his 50th birthday. Gaurav later took full control of the group. Reportedly, the father and son are involved in a family dispute over control of the Graviss Group. Saaniya Chandok 's grandfather has alleged that his son fraudulently took over the company while he was undergoing cancer treatment. Ravi Ghai's net worth and personal life The overall net worth of the Graviss Group is estimated to be in the range of Rs 800 crore to Rs 1,000 crore. Graviss Food Solutions Private Limited, a parent company within the group, reported a revenue of Rs 624 crore for the fiscal year 2023-2024. Ravi Ghai is married to Gita Ghai. The couple has four children: Gaurav Ghai, Gaurika Ghai, Ravina Ghai, and Gayatri Ghai.
Time of India
a day ago
- Entertainment
- Time of India
The 'Maharajah of Ice Cream': How Ravi Ghai connects Arjun Tendulkar to a sweet legacy
Ravi Ghai, Arjun Tendulkar, Saaniya Chandok and Sara Tendulkar NEW DELHI: Arjun Tendulkar, son of cricket icon Sachin Tendulkar , has reportedly become engaged to Saaniya Chandok , granddaughter of prominent Mumbai businessman Ravi Ghai, in a ceremony held on Wednesday. However, neither the Tendulkar family nor the Ghai family has issued an official confirmation. Ravi Ghai, Saaniya's grandfather, is the chairman of the Graviss Group, a major player in Mumbai's hospitality and food-and-beverage industry. Both Arjun and Saaniya are from Mumbai. WHO IS RAVI GHAI? A graduate of Cornell University's School of Hotel Administration, Ghai took over the family business in 1967, a year after completing his studies. His son, Gaurav Ghai, currently heads the Graviss Group. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! Ravi Ghai was instrumental in expanding his father Iqbal Krishen 'IK' Ghai's ice cream business into a global enterprise. The family boasts a 70-year legacy in the industry. The Ghai family's story began with IK Ghai, known as the 'Maharajah of Ice Cream,' who started with a small eatery in Connaught Place, New Delhi, serving homemade ice cream to American troops during World War II. 'Kwality Ice Cream, a brand that practically weaned India's fledgling nation on chocobars, mango duets and cassatas,' was created by IK Ghai shortly after launching his first venture, according to the Graviss Group website. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Hindustan Times
a day ago
- Business
- Hindustan Times
Arjun Tendulkar's engagement to Saaniya Chandhok links sports royalty with ice cream kings; here's his new family tree
It seems wedding bells are ringing in the Tendulkar household! Arjun Tendulkar — the 25-year-old son of Indian cricketing legend Sachin Tendulkar — has reportedly gotten engaged in a hush-hush ceremony attended only by close friends and family. And the lucky bride-to-be? None other than Saaniya Chandhok, a businesswoman with deep roots in Mumbai's hospitality scene. Arjun Tendulkar and Saaniya Chandhok Saaniya Chandhok, Arjun Tendulkar and sister Sara Tendulkar While Arjun is best known for his cricketing career — representing Goa in domestic tournaments and turning out for Mumbai Indians in the IPL — Saaniya has been making her own mark as Designated Partner and Director at Mr. Paws Pet Spa & Store LLP, a Mumbai-based pet nutrition and welfare company. According to her Instagram, she also graduated from the London School of Economics. A look into Saaniya's crème de la crème family tree But that's just the beginning. Saaniya is the granddaughter of Ravi Ghai, one of Mumbai's most prominent businessmen and chairman of the Graviss Group — a 70-year-old empire with an impressive portfolio. If you've ever licked a Kwality chocobar on a summer day or walked past the InterContinental Hotel on Marine Drive, you've seen the Ghai legacy in action. The Graviss Group also owns The Brooklyn Creamery, because obviously, ice cream runs in the family's veins. Ravi Ghai Allegedly, the Ghai business story began with Iqbal Krishen 'IK' Ghai — known as the 'Maharajah of Ice Cream' — who started serving homemade treats to American troops during World War II. This grew into Kwality Ice Cream, which became a childhood staple for millions of Indians. Ravi Ghai, armed with a degree from Cornell University's School of Hotel Administration, took over the reins in 1967 and expanded the brand's reach internationally. Today, his son Gaurav Ghai leads the group. About Arjun Tendulkar As for Arjun, cricket clearly keeps him busy. His net worth is pegged at around ₹22 crore, with earnings split between domestic cricket (about ₹10 lakh a year) and the IPL, where the Mumbai Indians signed him in 2021 for ₹20 lakh and renewed in 2022 for ₹30 lakh. Over five years, he's earned ₹1.4 crore from the league alone. Neither the Tendulkars nor the Ghais have commented on the engagement, but the quiet celebrations fit perfectly with their preference for keeping personal milestones away from the limelight.
