Est. 1980 • Mumbai • Third Generation • Asset-based
A legacy built one promise at a time.
Est. 1980 • Mumbai •
Third Generation • Asset-based
A legacy built one promise at a time.
Years of continuous partnership with ITC Limited
Years of continuous partnership with ITC Limited
Metric tonnes of soybean crushed every single day
Metric tonnes of soybean crushed every single day
Employees across all group verticals
Employees across all group verticals
228
228
Five-star hotel rooms & suites in Aurangabad
Years of continuous partnership with ITC Limited
55 acre
55 ac
Industrial campus
Industrial campus
3
3
High Growth Verticals
High Growth Verticals
THE ORIGIN
A family that chose to build, not just trade
A family that chose to build, not just trade
It began in 1980 in Mumbai — with a clear-eyed conviction that durable wealth is not accumulated, it is constructed. Brick by brick. Relationship by relationship. Decade by decade.
The founders did not chase every opportunity that presented itself. They chose three sectors where Indian demand was structural, not cyclical — food, hospitality, and manufacturing — and committed to mastery in each. That discipline is what separates Laxmi Ventures from a conglomerate assembled by acquisition. Every vertical was built from the ground up.
It began in 1980 in Mumbai — with a clear-eyed conviction that durable wealth is not accumulated, it is constructed. Brick by brick. Relationship by relationship. Decade by decade.
The founders did not chase every opportunity that presented itself. They chose three sectors where Indian demand was structural, not cyclical — food, hospitality, and manufacturing — and committed to mastery in each. That discipline is what separates Laxmi Ventures from a conglomerate assembled by acquisition. Every vertical was built from the ground up.
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Debt-free. Diversified.
Built for scalable growth across three business verticals
Business Vertical 01
Laxmi Solvex
AGRI- PROCESSING · DEWAS, MADHYA PRADESH
Deep in the soya heartland of Madhya Pradesh sits a 55-acre facility with a capacity of 1500 Metric Tons. Laxmi Solvex is not simply a crushing plant. It is one of central India's most sophisticated agri-processing operations — producing refined soybean oil, de- oiled cake, and lecithin-grade extracts that feed into the supply chains of some of the world's largest food companies.
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Business Vertical 02
WelcomHotel
Rama International
FIVE STAR HOSPITALITY · AURANGABAD, MAHARASHTRA
There is a particular kind of pride in being first. WelcomHotel Rama International one of the earliest hotels ever managed by ITC under its WelcomHotel brand, starting their relationship in 1979 — a distinction it has held since inception, and one that speaks to an unbroken relationship of trust between two institutions over decades.
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Business Vertical 03
Master Tobacco
Company
CONTRACT MANUFACTURING · CIGARETTES
In manufacturing, reputation is built one batch at a time. Master Tobacco Company has spent decades doing exactly that — producing cigarettes for ITC Limited and VST Industries with a consistency and quality that has seen it benchmarked among the leading ITC-partnered factories in India.
Read More
Business Vertical 04
Solar & Sustainability
Building for the next forty years: energy independence
The founders of Laxmi Ventures built for India that was still discovering its potential. The third generation is building for an India that must now grow responsibly. In 2024, LVIL commissioned a 1.6 MWp open-access solar plant in Nashik-Sinnar — bringing renewable energy directly into hotel operations and reducing grid dependency in a meaningful, measurable way.
Read More
Debt-free. Diversified.
Built for scalable growth across three business verticals
Debt-free. Diversified.
Built for scalable growth across three business verticals
Business Vertical 01
Laxmi Solvex
AGRI- PROCESSING · DEWAS, MADHYA PRADESH
Deep in the soya heartland of Madhya Pradesh sits a 55-acre facility with a capacity of 1500 Metric Tons. Laxmi Solvex is not simply a crushing plant. It is one of central India's most sophisticated agri-processing operations — producing refined soybean oil, de- oiled cake, and lecithin-grade extracts that feed into the supply chains of some of the world's largest food companies.
Read More
Business Vertical 01
Laxmi Solvex
AGRI- PROCESSING · DEWAS, MADHYA PRADESH
Deep in the soya heartland of Madhya Pradesh sits a 55-acre facility with a capacity of 1500 Metric Tons. Laxmi Solvex is not simply a crushing plant. It is one of central India's most sophisticated agri-processing operations — producing refined soybean oil, de- oiled cake, and lecithin-grade extracts that feed into the supply chains of some of the world's largest food companies.
Read More
Business Vertical 02
WelcomHotel
Rama International
FIVE STAR HOSPITALITY · AURANGABAD, MAHARASHTRA
There is a particular kind of pride in being first. WelcomHotel Rama International one of the earliest hotels ever managed by ITC under its WelcomHotel brand, starting their relationship in 1979 — a distinction it has held since inception, and one that speaks to an unbroken relationship of trust between two institutions over decades.
Read More
Business Vertical 02
WelcomHotel
Rama International
FIVE STAR HOSPITALITY · AURANGABAD, MAHARASHTRA
There is a particular kind of pride in being first. WelcomHotel Rama International one of the earliest hotels ever managed by ITC under its WelcomHotel brand, starting their relationship in 1979 — a distinction it has held since inception, and one that speaks to an unbroken relationship of trust between two institutions over decades.
Read More
Business Vertical 03
Master Tobacco
Company
CONTRACT MANUFACTURING · CIGARETTES
In manufacturing, reputation is built one batch at a time. Master Tobacco Company has spent decades doing exactly that — producing cigarettes for ITC Limited and VST Industries with a consistency and quality that has seen it benchmarked among the leading ITC-partnered factories in India.
Read More
Business Vertical 03
Master Tobacco
Company
CONTRACT MANUFACTURING · CIGARETTES
In manufacturing, reputation is built one batch at a time. Master Tobacco Company has spent decades doing exactly that — producing cigarettes for ITC Limited and VST Industries with a consistency and quality that has seen it benchmarked among the leading ITC-partnered factories in India.
Read More
Solar & Sustainability
Building for the next forty years: energy independence
The founders of Laxmi Ventures built for India that was still discovering its potential. The third generation is building for an India that must now grow responsibly. In 2024, LVIL commissioned a 1.6 MWp open-access solar plant in Nashik-Sinnar — bringing renewable energy directly into hotel operations and reducing grid dependency in a meaningful, measurable way.
Read More
Solar & Sustainability
Building for the next forty years: energy independence
The founders of Laxmi Ventures built for India that was still discovering its potential. The third generation is building for an India that must now grow responsibly. In 2024, LVIL commissioned a 1.6 MWp open-access solar plant in Nashik-Sinnar — bringing renewable energy directly into hotel operations and reducing grid dependency in a meaningful, measurable way.
Read More
Four Decades In The Making
1980
The Founding
A first-generation entrepreneur in Mumbai makes a deliberate choice: to build in sectors that feed India, host India, and make things for India. The group's philosophy — patient, asset-backed, relationship-first — is established from day one.
Early 1980s
ITC and hospitality
WelcomHotel Rama International opens in Aurangabad under ITC management — becoming the earliest property in the WelcomHotel portfolio. A relationship that will define the group's identity for generations is formalised.
1990s–2000s
Industrial scale
Laxmi Solvex expands into its 55-acre Dewas campus. Crushing capacity crosses 1,500 MT/day.
Master TobaccoCompany secures manufacturing partnerships with ITC Limited and VST Industries. The group becomes a genuine multi-vertical industrial enterprise.
Early 1980s
ITC and hospitality
WelcomHotel Rama International opens in Aurangabad under ITC management — becoming the earliest property in the WelcomHotel portfolio. A relationship that will define the group's identity for generations is formalised.
2010s
Second to third generation
Professional governance frameworks are adopted. The group's operational systems are upgraded to institutional standards. The third generation assumes leadership — bringing fresh ambition while preserving the founding philosophy of building for the long term.
1990s–2000s
Industrial scale
Laxmi Solvex expands into its 55-acre Dewas campus. Crushing capacity crosses 1,500 MT/day.
Master TobaccoCompany secures manufacturing partnerships with ITC Limited and VST Industries. The group becomes a genuine multi-vertical industrial enterprise.
2024 onwards
The next chapter
Solar plant commissioned. Renewable energy roadmap launched. With 900+ employees, three verticals, and 50+years of institutional trust behind it, Laxmi Ventures looks ahead — with the same quiet confidence that built everything that came before.
2010s
Second to third generation
Professional governance frameworks are adopted. The group's operational systems are upgraded to institutional standards. The third generation assumes leadership — bringing fresh ambition while preserving the founding philosophy of building for the long term.
2024 onwards
The next chapter
Solar plant commissioned. Renewable energy roadmap launched. With 900+ employees, three verticals, and 50+years of institutional trust behind it, Laxmi Ventures looks ahead — with the same quiet confidence that built everything that came before.
Institutional Customers & Partners
Institutional Customers & Partners
Institutional Customers & Partners
ITC LIMITED
ITC LIMITED
ITC AGRI-BUSINESS
ITC AGRI-BUSINESS
CARGILL
CARGILL
BUNGE
BUNGE
VST INDUSTRIES
VST INDUSTRIES
ADM
ADM
Louis Dreyfus Company
Louis Dreyfus Company
Olam Agri
Olam Agri
Adani Wilmar
Adani Wilmar
Marico
Marico
Godrej Agrovet
Godrej Agrovet
Ruchi Soya / Patanjali Foods
Ruchi Soya / Patanjali Foods
ITC LIMITED
ITC AGRI-BUSINESS
CARGILL
BUNGE
VST INDUSTRIES
ADM
Louis Dreyfus Company
Olam Agri
Adani Wilmar
Marico
Godrej Agrovet
Ruchi Soya / Patanjali Foods
Credentials & Institutional Trust
Credentials & Institutional Trust
50+
50+
Years relationship with ITC Limited
Years relationship with ITC Limited
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5 Star
Hotel certification — Government of India
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FSSAI
GMP+ — Laxmi Solvex
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Established
1980
Four decades of continuity
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5 Star
Hotel certification — Government of India
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FSSAI
GMP+ — Laxmi Solvex
Read More
1980
Four decades of continuity
Established
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THE ROAD AHEAD
Poised to propel further and higher — faster than ever before
Poised to propel further and higher — faster than ever before
Laxmi Ventures enters this next phase carrying something rare: the credibility of longevity, combined with the hunger of a business that still has most of its potential ahead of it. The group's licensed capacities dwarf current output. The hotel's position in Aurangabad is irreplaceable. The Solvex campus can grow. The solar roadmap is already underway.
Laxmi Ventures enters this next phase carrying something rare: the credibility of longevity, combined with the hunger of a business that still has most of its potential ahead of it. The group's licensed capacities dwarf current output. The hotel's position in Aurangabad is irreplaceable. The Solvex campus can grow. The solar roadmap is already underway.
Read More
