Unlocking India's Consumption Supercycle: A Private Dinner with IBEC

​IBEC India is hosting a closed-door dinner in Jamnagar for investors who are seriously looking at India's consumption opportunity.

Date: 26 March, 2026 | 6:30 PM Onwards

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​India's consumer economy is forecast to cross $4 trillion by 2030. The growth is not coming from metros.

​Tiers 2 and 3 account for 60% of addressable consumption growth. They have the least institutional retail infrastructure of any market segment in the country. FMCG brand penetration outside metros remains near zero. Organised retail in these geographies is, by most measures, at the beginning.

​IBEC was built specifically for this gap. Not as an advisor, not as a fund, as a venture studio that co-builds, embeds, and operates across retail and consumer, FMCG, and agri supply chains.

Learn more about IBEC here.

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​The studio was founded by K. Radhakrishnan and Ashim Jolly.

​K. Radhakrishnan has spent 40 years in Indian retail. He opened the country's first Foodworld supermarket in 1996, built Reliance Fresh to 1,000+ stores as CEO, ran Future Group as President across 245 hypermarkets, and founded GrocerMax, which Tata acquired. He then ran StarQuik, Tata's omni-channel grocery platform.

​Ashim Jolly was COO of Haptik through its $100 million acquisition by Reliance Jio in 2019 and led national expansion at WeWork India. He has been an active angel investor since.

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WHO THIS IS FOR

​Investors, family offices, and operators with an active interest in India's consumption economy, particularly those with a view on Tier 2/3 markets, FMCG, retail, or agri.

Seats are limited to a small group of investors and operators. Every seat is confirmed individually.

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DINNER DETAILS

​Date: Thursday, 26 March, 2026
Arrivals 6:30 PM
Venue: Sayyaji Hotel, Jamnagar
Format: Private closed-door dinner
Capacity: Limited seats · By invitation only

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Seats are limited and confirmed individually.

In case of any assistance write in to us: [email protected]