{"id":5095,"date":"2025-08-14T03:08:54","date_gmt":"2025-08-14T03:08:54","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/14\/who-is-ravi-ghai-mumbai-bizmans-family-net-worth-as-granddaughter-gets-engaged-to-arjun-tendulkar-business-news\/"},"modified":"2025-08-14T03:08:54","modified_gmt":"2025-08-14T03:08:54","slug":"who-is-ravi-ghai-mumbai-bizmans-family-net-worth-as-granddaughter-gets-engaged-to-arjun-tendulkar-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/14\/who-is-ravi-ghai-mumbai-bizmans-family-net-worth-as-granddaughter-gets-engaged-to-arjun-tendulkar-business-news\/","title":{"rendered":"Who Is Ravi Ghai? Mumbai Bizman’s Family Net Worth As Granddaughter Gets Engaged To Arjun Tendulkar | Business News"},"content":{"rendered":"


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Ravi Ghai, a prominent name in Mumbai\u2019s business and hospitality landscape, is the head of the Graviss Group<\/h2>\n
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Meet Ravi Ghai, Saaniya Chandok’s Grandfather And Graviss Group Founder<\/p>\n<\/figure>\n

Ravi Ghai, a prominent name in Mumbai\u2019s business and hospitality landscape, is the head of the Graviss Group \u2014 a conglomerate with successful ventures in both the food and hospitality sectors. Known for his sharp business acumen, Ravi is behind iconic brands and properties such as the InterContinental hotel at Marine Drive and the popular ice cream brand, The Brooklyn Creamery.<\/p>\n

Recently, his family name once again came into the spotlight when his granddaughter, Saaniya Chandok, got engaged to Arjun Tendulkar, son of India\u2019s cricket legend Sachin Tendulkar. The engagement was a private affair attended by close friends and family members from both sides.<\/p>\n

From Cornell to Corporate Leadership<\/h3>\n

Ravi Ghai is an alumnus of Cornell University\u2019s prestigious School of Hotel Administration. In 1967, he returned to Mumbai and took over the business legacy from his father, Iqbal Krishan (IK) Ghai. Under his leadership, Graviss Group launched celebrated brands like Kwality Ice Cream and the Natraj Hotel (now known as the InterContinental Hotel).<\/p>\n

He also brought the Baskin-Robbins franchise to the SAARC region, further diversifying his business portfolio. Currently, he serves as the Non-Executive Chairman of Graviss Hospitality Ltd and holds multiple directorships, including Kwality Read Estates Pvt Ltd and Perfect Livestock LLP. Over the decades, he has established himself as a formidable force in the hospitality and food industry.<\/p>\n

Family Feud with Son, Gaurav Ghai<\/h3>\n

Despite his professional success, Ravi Ghai\u2019s personal life has seen turbulence. According to a report by the Free Press Journal<\/em>, Ravi lodged a complaint at Mumbai\u2019s Marine Drive Police Station accusing his son, Gaurav Ghai, of forgery, fraud, and taking control of the company without consent.<\/p>\n

Ravi alleged that this occurred while he was undergoing cancer treatment. He claimed that a supplementary Family Settlement Agreement was executed fraudulently using his forged signature. \u201cMy sign was misused for supplementary family settlement,” Ravi stated in his complaint, adding that he was the 100% owner of Graviss Group before restructuring the business in 2001.<\/p>\n

Allegations of Misuse of Trust<\/h3>\n

Ravi further claimed that after returning from cancer treatment abroad, his son and daughter-in-law would often bring him business documents to sign. Due to his fragile health, he signed them without suspicion. He alleged that by January 2025, his monthly allowance of Rs 12.5 lakh stopped, and by April, he learned from his CFO that Gaurav had declared himself the chairman of the company, taking complete control.<\/p>\n

No FIR Filed \u2014 Matter Referred for Arbitration<\/h3>\n

While the allegations are serious, police have decided not to register an FIR, stating that the issue is a family dispute better suited for arbitration than criminal proceedings. The matter remains unresolved, adding another chapter to the complex legacy of one of Mumbai\u2019s most influential business families.<\/p>\n

Ghai Family Net Worth<\/h3>\n

The Ghai family commands significant wealth through its flagship Graviss Group, which owns The Brooklyn Creamery and operates Baskin Robbins\u2019 India franchise. Graviss Food Solutions Private Limited, the group\u2019s parent company, reported Rs 624 crore in revenue for FY23\u201324, reflecting 20% growth from the previous year. It has an authorised capital of Rs 2.23 crore and a paid-up capital of Rs 90,100. In addition, the family owns the InterContinental Hotel in Mumbai under the InterContinental Hotels Group umbrella, a global hospitality giant valued at $18.43 billion as of August 2025.<\/p>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Click here<\/a> to add News18 as your preferred news source on Google. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n

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Last Updated:August 14, 2025, 08:34 IST Ravi Ghai, a prominent name in Mumbai\u2019s business and hospitality landscape, is the head of the Graviss Group Meet Ravi Ghai, Saaniya Chandok’s Grandfather And Graviss Group Founder Ravi Ghai, a prominent name in Mumbai\u2019s business and hospitality landscape, is the head of the Graviss Group \u2014 a conglomerate…<\/p>\n","protected":false},"author":1,"featured_media":5096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-5095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/5095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=5095"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/5095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/5096"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=5095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=5095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=5095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}