Sanjay Ghodawat Group
- Company typePrivate
- Founded1992
- HeadquartersKolhapur, India
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
Sanjay Ghodawat Group firmographics
Firmographics- Name
- Sanjay Ghodawat Group
- Legal name
- Sanjay Ghodawat Group
- Website
- https://ghodawat.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Where Sanjay Ghodawat Group is headquartered
LocationHeadquarters
- HQ city
- Kolhapur
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Sanjay Ghodawat Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Ghodawat Consumer Limited (FMCG): Revenue from manufacturing and selling FMCG products including snacks, beverages, and consumer goods. GCL achieved Rs. 1600 crores revenue in FY 2022-23 and targets INR 2,000 crores by FY 2024-25. Includes revenue from acquired brands TBH and Coolberg.
- Star Air (Aviation): Revenue from regional air travel operations connecting Tier II and Tier III cities under the UDAN scheme. The airline operates 66 daily flights to 31 destinations and is among the few Indian carriers to report profitability.
- Renom (Renewable Energy Services): Revenue from Independent Service Provider operations for wind turbine maintenance and management across 20,000MW capacity in 7 states. Includes Electronic Repair Service and SCADA monitoring services.
- Sanjay Ghodawat University (Education): Revenue from educational programs including undergraduate, postgraduate, and doctoral degrees across Technology, Management, Commerce, Science, and other disciplines.
- Ghodawat Realty: Revenue from residential and commercial real estate development. Has constructed and delivered over 4 million sq. ft. of projects across Maharashtra and Karnataka.
- Star Localmart (Retail): Revenue from rural retail operations with 63 stores across Maharashtra and Karnataka, planned expansion to 3,000 stores.
- Ghodawat Textiles: Revenue from textile manufacturing under the Star Line brand with annual production capacity exceeding 15 million metres.
- Ghodawat Energy: Revenue from wind power generation investments spanning over two decades as a pioneer investor in India's wind energy sector.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | TBH Coconut Water 200ml PET bottle |
Go-to-market motion5 records
Distribution channels7 records
Marketing channels7 records
Sanjay Ghodawat Group product offering
Product offeringCore offering
Sanjay Ghodawat Group is a diversified Indian conglomerate that manufactures and sells consumer products (FMCG snacks, coconut water, non-alcoholic beverages), operates a regional airline (Star Air) under India's UDAN scheme, runs a rural retail chain (Star Localmart), develops renewable energy and wind power assets (Ghodawat Energy) and provides third-party wind turbine maintenance services (Renom), constructs residential and commercial real estate (Ghodawat Realty), manufactures premium textiles under the Star Line brand, and operates a private university offering undergraduate through doctoral programs. The group sells across both consumer and business channels in India, with primary operations headquartered in Kolhapur, Maharashtra.
Product overview
Sanjay Ghodawat Group (SGG) is a diversified Indian conglomerate operating across multiple business verticals including FMCG (Ghodawat Consumer Ltd with brands TBH and Coolberg), Aviation (Star Air regional airline), Retail (Star Localmart, Ghodawat Retail), Energy (Ghodawat Energy, Renom renewable energy services with RESCA monitoring system), Realty (Ghodawat Realty), Textiles (Star Line fabrics), and Education (Sanjay Ghodawat University). The group operates as a platform of distinct business units unified under common ownership and governance, with each vertical serving different market segments from consumer goods to aviation to education. Recent expansion includes TBH Coconut Water launch in the FMCG beverages segment.
Differentiator
Problem solved
Functional benefit
Brands
- TBH (To Be Honest): Healthy snack brand acquired by GCL, operating in the D2C and general trade segments
- Coolberg
- Star Line
- TBH Coconut Water
- Ghodawat Sky Star
Products and services
- Ghodawat Consumer Ltd (GCL) FMCG arm of SGG offering a wide range of consumer products including snacks, beverages, and personal care, achieving INR 1,600 crores revenue in FY 2022-23 with a target of INR 2,000 crores by FY 2024-25.
- Star Air India's largest privately owned regional airline operating under the UDAN scheme with Embraer E145 and E175 aircraft, serving 31 destinations with 66 daily flights and carrying 2+ million passengers since launch.
- Star Localmart Rural retail format offering locally sourced, processed, and sold products. Operates 63 stores across Maharashtra and Karnataka with plans to expand to 3,000 stores.
- Ghodawat Energy
Quantifiable outcome
- Rs. 1,600 crore revenue achieved by GCL in FY 2022-23
- +5 more outcomes
Companies that use Sanjay Ghodawat Group
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles2 records
Sanjay Ghodawat Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature3 records
Sanjay Ghodawat Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- EmbraercoreBrazil-based Embraer is Star Air's primary aircraft supplier, providing Embraer E145 and E175 aircraft. Star Air is considering purchasing up to 20 Embraer aircraft valued at approximately $1 billion, with 10 firm orders and 10 options, deliveries expected from March 2028. Embraer recently opened an India office in New Delhi.
- Regional Connectivity Scheme (UDAN)coreStar Air operates under India's Regional Connectivity Scheme (RCS-UDAN), connecting Tier II and Tier III cities with subsidized airfares and regional air connectivity mandate.
- BlinkitminorCoolberg, the non-alcoholic beverage startup acquired by Ghodawat Consumer, has been shortlisted as an emerging brand in the beverages category by Blinkit, one of India's leading quick commerce platforms.
- Tata Technology CentreminorSanjay Ghodawat University has established the Tata Technology Centre providing practical technology experience to students.
- BOSCH Collaboration CentreminorSanjay Ghodawat University has established BOSCH Collaboration Centre for practical learning and industry exposure in technology and engineering disciplines.
Scale indicators20 records
Recent moves6 records
Expansion highlights6 records
Sanjay Ghodawat Group competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sanjay Ghodawat Group social profiles
Digital presenceSanjay Ghodawat Group compliance and trust
Trust signalCompliance2 records
Sanjay Ghodawat Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sanjay Ghodawat Group leadership team
Management profileNumber of profiles
Profiles11 records
Sanjay Ghodawat Group subsidiaries and ownership
Company hierarchySubsidiaries11 records
Sanjay Ghodawat Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sanjay Ghodawat Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sanjay Ghodawat Group
What does Sanjay Ghodawat Group do?
Sanjay Ghodawat Group is a diversified Indian conglomerate that manufactures and sells consumer products (FMCG snacks, coconut water, non-alcoholic beverages), operates a regional airline (Star Air) under India's UDAN scheme, runs a rural retail chain (Star Localmart), develops renewable energy and wind power assets (Ghodawat Energy) and provides third-party wind turbine maintenance services (Renom), constructs residential and commercial real estate (Ghodawat Realty), manufactures premium textiles under the Star Line brand, and operates a private university offering undergraduate through doctoral programs. The group sells across both consumer and business channels in India, with primary operations headquartered in Kolhapur, Maharashtra.
Is Sanjay Ghodawat Group a public or private company?
Sanjay Ghodawat Group is a private company. It is classified as family owned and is currently operating.
When was Sanjay Ghodawat Group founded?
Sanjay Ghodawat Group was founded in 1992. It employs 251 to 500 people.
Where is Sanjay Ghodawat Group based?
Sanjay Ghodawat Group is headquartered in Kolhapur, India, in the Asia region.
How does Sanjay Ghodawat Group make money?
Eight revenue lines are on record. Ghodawat Consumer Limited (FMCG) is the primary driver. The others are star Air (Aviation), renom (Renewable Energy Services), sanjay Ghodawat University (Education), ghodawat Realty, star Localmart (Retail), ghodawat Textiles and ghodawat Energy.
Does Sanjay Ghodawat Group have an API?
No public API is recorded for Sanjay Ghodawat Group.