Amazon-backed More Retail appoints Vinod Nambiar as MD
MUMBAI: Supermarket store operator More Retail Ltd, owned by private equity firm Samara Capital and US e-commerce giant Amazon, has appointed FMCG industry veteran Vinod Nambiar as its managing director, as the company tackles business disruption caused by the covid-19 pandemic.
More Retail operates around 645 retail stores across various states in the country. Samara Capital and Amazon had bought the retail chain from Aditya Birla Group in late 2018.
Source: Livemint
