Supermarket chain DMart's Founder Radhakishan Damani is now the second richest Indian after Mukesh Ambani with a net worth of $17.8 billion according to Forbes. DMart shares have surged 700% since the company's IPO in March 2017, giving it a market capitalisation of ₹1.55 lakh crore. DMart operates 196 stores in 72 cities across the country.