25.7 C
Nairobi
Saturday, November 23, 2024

TUKO.co.ke Invites You for a Free Webinar on the Ethical Use of AI

Tuko.co.ke, a leading digital media platform, is excited to announce their webinar, “AI in Action: Practical Skills for Creative Professionals,” taking place on the...
HomeWealthRavi Shah: Tycoon Who Owns RUPA Mall, The Largest Mall In Eldoret

Ravi Shah: Tycoon Who Owns RUPA Mall, The Largest Mall In Eldoret

JOIN WOK ON TELEGRAM
  • Rupa Mall is owned by business tycoon Ravi Shah. The mall is the largest in Eldoret.

Eldoret town’s phenomenal growth over the years can be credited to stability in the county. Elite athletes have pumped money in various business ventures-especially buildings housing offices and hotels-in the county. Entrepreneurs have not been left out as they try to fill opportunities that have remained unexploited. 

This growth is evidenced with the numerous developments coming up in the town. Before the entry of  Rupa Mall, the only major mall in Eldoret town was Zion mall. 

Today, the magnificent Rupa Mall proudly stands on an 8-acre land along Uganda road. The mall is the first green building in Eldoret. 

The mall proprietor was keen to satisfy the demand of the growing middle class in the region. It has attracted a number of international chains, such as, Java, KFC, and Mr. Price. 

“We want to make it a one-stop shop for families to access various services under one roof,” said Ravi Shah, the proprietor of the building.

The popular mall has a water park, a kids playing area and a state of the art cinema hall among other attractions. The mall provides for 150 car parking slots and is located away from the chaos of the CBD. 

Ravi Shah

Ravi Shah is the proprietor of Rupa Mall. He is an award winning businessman who has contributed to the county’s economy by employing hundreds of people.

Ravi is the owner of Ken-Knit company Ltd, a textile and garment industry that has weathered a number of storms and still stands firm. As one of the largest employers in the region, this is among the leading makers of woollen garments.

It is also a part of Rupa Mills Ltd which was formerly known as Raymond Woolen Mills before it was acquired by Ken-Knit. 

In 2006, Ken-Knit won recognition from Kenya’s president for the KRA Distinguished Taxpayer of the Year Award. 

“We make sure our products come with quality. Although we are 10-15% more expensive, somebody will prefer our uncompromised products,” he said in a previous interview with Business Daily

Ken knit at times get their wool from Marakwet before exporting it to China, Europe and India. They also get some raw materials from China and India.

The proprietor hopes to safeguard the company’s position in the market. They have presence in a number of East African countries and are continuously improving their operations.