M Kiran Kumar

Last updated
M Kiran Kumar
Born
Nellore, Andhra Pradesh, India
NationalityIndian
OccupationBusinessman
Years active1985 – present
Known forChairman of Lalitha Jewellery

M Kiran Kumar is an Indian businessman and the chairman of Lalitha Jewellery and philanthropist from Nellore, Andhra Pradesh. [1] [2] [3] [4] [5] He is also the managing director of Lalitha Jewellery, one of India's largest retail jewellery advertiser on TV and world's largest jewellery showroom owner having 1,30,000 sq ft surpassing Malabar Gold showroom having 1,10,000 sq feet. [6] [7] [8]

Contents

According to The New Indian Express , in 2017 Lalitha Jewellery made a turnover of ₹110 billion, [9]

Kiran Kumar started his business at actress Savitri Ganesan's house after purchasing it and expanded his business from there. [10]

Early life

Kiran Kumar was born as the eighth child into a poor family in Nellore. Due to the circumstances he is a 5th class dropout. He started jewellery trade at the age of 12 when he was working as a child worker [4]

Career

Kiran Kumar is the managing director and Chairman of Lalitha Jewellery, a BIS certified Indian jewellery group based in Chennai, Tamil Nadu, India. The company was established in the year 1985. [11] He is also the company's current chairman. In 2017 he has opened the 15th and world's largest jewellery showroom with 130000 sq feet space of Lalitha Jewellery by spending around 750 crores surpassing Malabar Gold's 110000 sq feet jewellery showroom. Lalitha Jewellery has 50 showrooms across India at present. [6] [12]

In 2020, 13 crores worth Diamond, Gold and Platinum jewellery was robbed by robbers who came wearing Cat and dog face mask. [13] Later the robbers were arrested. [14]

Rajnikanth movie Lingaa was shot in Lalitha Jewellery for about 20 minute visual in the movie. [15]

According to TV9 Telugu and ABP News, he went viral in social media for having tiffin from a covered cart on the roadsides which sell the street food in Nellore. [3] [16]

Appearance in Television

Kiran Kumar himself is seen as brand ambassador for Lalitha Jewellery Television and print ads. [4] [14] His dialogue Dabbulu Evariki Oorike Raavu has become very popular in Andhra Pradesh. [10]

Controversy

Kiran Kumar has purchased major shares of Auto company DC Design in 2016, founded by Auto designer Dilip Chhabria in 2003 and was one of the directors of the company. [17] [18] Later Dilip Chhabria got arrested in 2020 for running a car scam using the firm DC Design on complaint from Kiran Kumar. [19]

Personal life

Kiran Kumar is married to Hema Kiran, and they have three children. [5]

Philanthropy

Kiran Kumar has donated 1 crore rupees to chief minister of Andhra Pradesh YS Jagan Mohan Reddy towards Chief Minister's relief fund during COVID-19. [20]

Kiran Kumar has donated 21 lakh rupees towards the construction of Sri Ayyappa Swamy Temple in Nandigama mandal. [21]

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References

  1. ↑ "Lalithaa Jewellers may enter primary market with a ₹1,600 crore IPO". CNBC.
  2. ↑ "Success Story Lalitha Jewellers Kiran Kumar". India Herald.
  3. 1 2 "Lalitha Jewellery MD Kiran Kumar Photos Goes Viral In Social Media". TV9 Telugu .
  4. 1 2 3 "A rise from grassroots". The Hans India. 16 July 2019.
  5. 1 2 "Lalitha Jewellery Chairman Kiran Kumar Special Interview". Sakshi . 5 August 2019.
  6. 1 2 "Lalithaa Jewellery's 15th store comes up in 1,30,000 sqft in Hyderabad". The New Indian Express .
  7. ↑ "Jewellery brands largest retail advertisers on TV TAM". Economic Times. 6 February 2021.
  8. ↑ "Malabar Gold & Diamonds opens biggest jewellery showroom in Kozhikode". The Hindu.
  9. ↑ "Lalithaa Jewellery's 15th store comes up in 1,30,000 sqft in Hyderabad". The New Indian Express. 28 August 2017.
  10. 1 2 "Lalitha Jewellery owner about mahanati savitri". Sakshi .
  11. ↑ "Lalithaa Jewellery Mart Private Limited Details". Economic Times.
  12. ↑ "Lalithaa to open 50th showroom in Nellore, two other in Sullurpet and Gudur". Deccan Chronicle . 22 June 2023.
  13. ↑ "Men wearing cat, dog masks steal jewellery worth crores from popular showroom in Tamil Nadu". India Today.
  14. 1 2 "திரும்பி வந்துட்டேன்னு சொல்லு: லலிதா ஜுவல்லர்ஸ் கிரண்குமார்". The Times of India . 4 October 2019.
  15. ↑ "Self-confidence can craft your future". DT Next . 16 April 2016.
  16. ↑ "Lalitha Jewellery MD Kiran Kumar: సామాన్యుడిలా రోడ్డుపక్కన టిఫిన్ చేసిన లలితా జ్యువెలరీ అధినేత కిరణ్ కుమార్ - ఇలా ఎందుకు తిన్నారంటే ?". ABP News .
  17. ↑ "Chennai jeweller to drive into auto biz with glitzy Avantii". DT Next .
  18. ↑ "Dilip Chhabrias auto design co gets funding hni talks for more". VCCircle .
  19. ↑ "Case against Dilip Chhabria filed on behest of disgruntled partner, claims lawyer". India Today.
  20. ↑ "COVID-19: Lalitha Jewellers CMD Kiran Kumar donates 1 crore to AP CMRF - TV9". TV9 Telugu .
  21. ↑ "Bandla Ganesh: బండ్ల గణేష్‌తో కలిసిన లలితా జువెలరీ అధినేత - ఇద్దరూ కలిసి పనుల పరిశీలన!". ABP News .


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