Kishore Biyani is known as the "King of India's retail". He started his career selling fabric in Mumbai and is now the CEO of Future Group and Managing Director of Pantaloon Retail. Some key facts about Biyani and his career include: He founded Pantaloon Retail in 1987 and launched their first store in 1991. Today the company has over 14,000 shareholders and 22 retail formats including their popular Big Bazaar hypermarkets. By 2012, Future Group's turnover exceeded $1.2 billion. Biyani has received several awards for his success in transforming India's retail sector and authored a book about Pantaloon's growth.