The Fashion Entrepreneur Fund (FEF) is thrilled to announce the substantial investments by Ravi Jaipuria, a renowned Indian billionaire business magnate, and Bollywood star and fashion icon Akshay Kumar. Their involvement signifies a significant boost to FEF’s mission of empowering and elevating fashion entrepreneurs in India.
Ravi Jaipuria, Chairman of RJ Corp, a diverse conglomerate encompassing beverages, fast food, real estate, education, and healthcare, brings unparalleled expertise, strategic insight, and philanthropic vision to FEF. His interest in the fashion industry, which is valued at up to ₹125 billion in India, sparked this strategic partnership with FEF.
Akshay Kumar, known for his versatile roles in high-octane action films and rib-tickling comedies, is also a style and fashion icon with keen business acumen. His support for emerging talent in the fashion industry is driven by a desire to give back to the community and foster the next generation of fashion entrepreneurs, aligning with the Make in India initiative.
Expressing his enthusiasm for the partnership, Ravi Jaipuria stated, “I’m thrilled to collaborate with the Fashion Entrepreneur Fund. The fashion industry in India holds immense untapped potential, and I am confident that FEF offers an ideal platform to nurture and showcase this talent. Fashion, beyond its allure, is a formidable industry, and with 4.5 crore fashion enthusiasts in India facing a lack of funds to kickstart their businesses, FEF is uniquely positioned to drive a new wave of innovation and investment within the Indian fashion landscape, empowering the next generation of entrepreneurs to shape the future of fashion.”
Akshay Kumar shared his excitement, saying, “I’m incredibly excited to join forces with the Fashion Entrepreneur Fund. The fashion industry in India is brimming with untapped potential, and I believe FEF provides the perfect platform to nurture and showcase this talent. I have been closely associated with the fashion industry and strongly believe that given an opportunity, our fashion creators can rule on the global stage. Fashion, beyond the glitz and glamour, is a powerful force. Having witnessed the transformative power of entrepreneurship in other sectors, I believe FEF is well-positioned to unlock a new wave of innovation within the Indian fashion industry.”
Vagish Pathak, Chairman, and Sanjay Nigam, Founder of Fashion Entrepreneur Fund, expressed their excitement, stating, “Having Ravi Jaipuria and Akshay Kumar on board is a tremendous boost for the Fashion Entrepreneur Fund. Our mission is to create a vibrant ecosystem where fashion dreams can flourish into successful enterprises. With these two stalwarts joining us, we are poised to accelerate this mission and reach new heights. Jaipuria’s extensive experience in fostering entrepreneurship and Kumar’s passion for innovation align perfectly with our goals. With their support, we are confident that FEF will become the go-to platform for fashion entrepreneurs in India, providing them with the investment, resources, and mentorship they need to succeed.”
About the Fashion Entrepreneur Fund (FEF):
Fashion Entrepreneur Fund (FEF) is a groundbreaking initiative designed to foster a collaborative ecosystem within the fashion industry. With an initial investment of ₹20 crore, FEF aims to empower individuals in the fashion sector, helping turn their aspirations into thriving enterprises. This pioneering venture cultivates innovation and entrepreneurship, providing essential resources and mentorship to budding talents. By bridging gaps and offering support, FEF propels the growth and success of emerging businesses, enriching the fabric of the fashion landscape. With its robust foundation and visionary approach, FEF sets the stage for transformative change and sustainable growth in the industry.
For more information, visit FEF Website.