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Virtuous Retail

Is this your company?

Fantastic. This company and its top management is visionary. PE owners have outdone Indian developers. - Anonymous employee Virtuous Retail Employee Review

5.0
14 June 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

No hierarchy unlike other Indian firms, tons of responsibility, reward for performance not how old you are, access to very senior folks, hands on approach of senior management. Learning by doing. Real estate projects actually successful delivered so you see end to end project cycle unlike other developer companies where no work happens. Very high integrity.

Cons

Quality of lower / middle management is poor. I guess the retail industry is evolving and general quality of people in industry is quite lacking. They have very high integrity so no scope of making money through kickbacks which troubles many of the middle managers who are used to this in other companies.

Explore other reviews about Virtuous Retail

5.0
30 Mar 2018
Recommend
CEO approval
Business outlook

Pros

Pioneer in creating an institutional platform for retail real estate in South Asia. Professional management, lots of opportunities to grow and learn. Top management has very high integrity which is rare in India. Amazing chance to learn from pioneers themselves.

Cons

Working in India can be a challenge. The corporate and retail eco-system is immature and sub standard. India has bright people but they don't want to work hard or challenge themselves. To maintain the high standards set by management, performers have to work hard which is fine, but when management does not weed out non performers regularly, there is loss of morale. Also sometimes management continues to accept mediocre work rather than taking action which harms the overall company.

1
1.0
27 Mar 2025
Recommend
CEO approval
Business outlook

Pros

They started their journey out with the right aspirations many years ago is probably the only pro that can be said at this point, and that's tragic.

Cons

Absolutely unpredictable and disastrous management style starting from the top down. They do not respect retail partners, their own team and staff or even investors. Have become the laughing stock of the retail industry and a cautionary tale. They talk a big game with fancy Harvard analogies but none of it translates into real world application or performance which shows in the current state of their shopping malls which resemble ghost centres more than community centres.

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