K Vaitheeswaran is a successful, serial entrepreneur in the Indian retail industry. He is also an internet industry veteran and is seen as the pioneer for e-commerce in India.
In 2001, he co-founded the Fabmall chain of grocery stores which went on to become a leading brand in the Indian organized retail industry and was subsequently acquired by the Aditya Birla Group for approximately US $ 100 million and later re-branded as the More chain of stores.
He also co-founded www.fabmall.com, the company which pioneered internet retailing in India in 1999. K Vaitheeswaran is the founder, CEO and currently runs www.indiaplaza.in - India’s largest online shopping destination.
K Vaitheeswaran is a veteran in the Indian internet and digital media industry and is seen as the pioneer of the Indian e-commerce industry. In November 2006, the Pitch magazine listed him among the Top 20 people in the Indian Internet industry.
Since 1999, he has spent all his time and efforts in not only building his company into a position of industry leadership but has also been engaged in evangelizing the cause of e-commerce in India.
Vaitheeswaran holds an electronics engineering graduate from Government College of Engineering, Tirunelveli affiliated to the Madurai-Kamaraj University.
He began his career in 1985 with Murugappa Electronics (part of the Murugappa & Parry Group) wherein he was responsible for sales and later product management of Test & Measuring Instruments.
He then spent 10 years in Wipro Infotech (1989-99) where he held various positions in sales, marketing and business planning of Computers & Peripherals. His last assignment in Wipro was as the Marketing Communications Manager in the Computers & System Integration division where he was responsible for Wipro’s brand development for computers.
Vaitheeswaran is a regular speaker on internet & e-commerce related subjects at various industry forums and management institutes across India.
His other interests include reading and passionately following the fortunes of the Indian cricket team and till some time back he was a registered cricket umpire in the Karnataka State Cricket Association. He can be reached on email@example.com.