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The Loot bags TiE & Lumis Partners Entrepreneurial Excellence Award
September 24, 2009 (India)

The Loot, India’s largest multi brand discount store has added yet another feather to its cap by winning the TiE & Lumis Partners Entrepreneurial Excellence Award at TiEcon Delhi 2009 on 18th September 2009. This is the 6th award the company has looted in this year.

At the start of the year, The Loot bagged 5 major awards for its excellence in the retail world. The Loot is known to be a true-blue example of entrepreneurship. Keeping with the winning spree, The Loot was recently felicitated with the TiE & Lumis Partners Entrepreneurial Excellence Award.

This award is special to The Loot as TiE has always strived to herald the spirit of entrepreneurship and honor the effort behind each successful venture.

Vision: Next door most loved global discount retailer and the
Mission: Lets loot, drive, deliver and enjoy

The Loot truly believes in its vision and mission statement as it has been the recipe to success for the brand. The Loot has grown from 1 store in 2004 to 125 stores in 2009 and continues to show an increase in growth.

On account of winning the award, Mr. Jay Gupta – MD The Loot said – “Getting felicitated by awards not only pushes us to achieve our goals but it also helps us think big and out of the box. It’s all about wanting to win for us at The Loot.”

After five years of surviving the highs and the lows of the sector, The Loot has created a bench mark for itself.
 
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