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{{Short description|Indian businessman}}
{{Use British English|date=September 2014}}
{{Use dmy dates|date=September 2014}}
{{Infobox person
| name = Samir Modi
| birth_date = {{birth date and age|df=yes|1969|12|15}}
| image = File:Samir Modi (1969-).jpg
| image_caption = Samir Modi in 2022
| image_size =
| occupation = [[Businessman]]
| education = [[The Doon School]]<br>[[Hindu College, Delhi]]<br>[[Delhi University]]<br>[[Harvard University]]
| title = Executive director, Modi Enterprises
| spouse = Shivani Modi
| children = 2
| parents = [[Krishan Kumar Modi|K.K. Modi]] and Bina Modi
| website =
}}

'''Samir Modi''' (born 15 December 1969) is an Indian businessman, and the younger son of [[Krishan Kumar Modi|K.K. Modi]] and Bina Modi. He is an executive director at [[Modi Enterprises]], which was founded by his grandfather, [[Gujarmal Modi]], in 1933.<ref>{{cite news|last=Bhandari|first=Bhupesh|title=Split-proof strategy?|url=http://www.business-standard.com/article/beyond-business/split-proof-strategy-111070200045_1.html|accessdate=25 February 2014|newspaper=Split-proof strategy?|date=2 July 2011}}</ref> He is also an executive director of [[Godfrey Phillips India]] and a director of Indofil Industries Ltd. He participated in launching various initiatives for the Modi Group, including Modicare, [https://www.colorbarcosmetics.com/ Colorbar Cosmetics] and Twenty Four Seven convenience stores.<ref>{{cite web|title=INDIA CONFERENCE AT HARVARD|url=http://www.harvardindiaconference.com/speaker/samir-modi/|publisher=INDIA CONFERENCE AT HARVARD|accessdate=25 February 2014}}</ref>

==Education==
Modi studied at the all-boys boarding school, [[The Doon School]] in [[Dehradun]]. He then received a bachelor's degree from [[Hindu College, University of Delhi]], and a management degree from [[Harvard Business School]].<ref>{{Cite news |last=Mitra |first=Sounak |date=20 September 2016 |title=Samir Modi plans aggressive Twenty Four Seven expansion |url=https://www.livemint.com/Companies/sfM0vzeTlCWMeyhEqIEWEK/Samir-Modi-plans-aggressive-Twenty-Four-Seven-expansion.html |access-date=26 August 2024 |work=[[Mint (newspaper)|Mint]]}}</ref>

==Career==
Modi started his career in 1992 as a management trainee with [[Philip Morris USA|Philip Morris]] in the United States, where he worked on promoting [[Marlboro]] cigarettes.<ref>{{cite web |title=Godfrey Phillips India Ltd |url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=26120444&ticker=874649 |url-status=dead |archive-url=https://archive.today/20140225113142/http://investing.businessweek.com/research/stocks/people/person.asp?personId=26120444&ticker=874649 |archive-date=25 February 2014 |accessdate=25 February 2014 |publisher=Bloomberg Businessweek}}</ref> After gaining experience in different roles within the Modi Group's businesses, he launched Modicare in 1996, a network marketing venture that began with 12 products and 300 distributors.<ref>{{cite web |title=An interview with Samir Modi, Managing Director, MODICARE. |url=http://www.thehindujobs.com/thehindu/jobs/0107/05110014.htm |url-status=usurped |archiveurl=https://web.archive.org/web/20070101061747/http://thehindujobs.com/thehindu/jobs/0107/05110014.htm |archivedate=1 January 2007 |accessdate=25 February 2014 |publisher=The Hindu Opportunities |df=dmy-all}}</ref><ref>{{cite news |last=Prasad |first=Swati |date=25 January 1999 |title=Business Inc interview: Samir Modi |url=http://expressindia.indianexpress.com/news/ie/daily/19990125/02550505.html |accessdate=25 February 2014 |newspaper=The Indian Express}}</ref> By 2003, he had taken charge of the cosmetics segment at Modicare and introduced ''Colorbar Cosmetics'' to the Indian market in 2004.<ref>{{cite news |date=19 January 2009 |title=Passion over profit |url=http://www.telegraphindia.com/1090119/jsp/entertainment/story_10407321.jsp |url-status=dead |archive-url=https://archive.today/20130203172937/http://www.telegraphindia.com/1090119/jsp/entertainment/story_10407321.jsp |archive-date=3 February 2013 |accessdate=25 February 2014 |newspaper=The Telegraph}}</ref><ref>{{Cite web |last=Nandwani |first=Deepali |date=2019-01-04 |title=How Samir Modi grew ColorBar into an indie luxe brand - CNBC TV18 |url=https://www.cnbctv18.com/buzz/how-samir-modi-grew-colorbar-into-an-indie-luxe-brand-that-commands-7-of-the-rs-80000-crore-beauty-and-wellness-market-1863641.htm |access-date=2024-09-27 |website=[[CNBC TV18]] |language=en}}</ref> Over time, he worked on transforming ''Colorbar'' into a more premium yet affordable brand.<ref>{{cite news |last=Thomas |first=Prince Mathews |date=15 January 2014 |title=The Rise of ColorBar |url=http://forbesindia.com/article/boardroom/the-rise-of-colorbar/36895/1 |accessdate=25 February 2014 |newspaper=Forbes India}}</ref><ref>{{cite web |last=Borpuzari |first=Pranbihanga |title=Raising the Color Bar |url=http://entrepreneurindia.in/start-ups/raising-the-color-bar/4766/ |url-status=dead |archiveurl=https://web.archive.org/web/20140301054438/http://entrepreneurindia.in/start-ups/raising-the-color-bar/4766/ |archivedate=1 March 2014 |accessdate=25 February 2014 |publisher=Entrepreneur |df=dmy-all}}</ref> In 2005, Modi founded ''24Seven'', India's first 24-hour retail store chain,<ref>{{cite web |title=Opportunity lies in being available 24/7 |url=http://www.entrepreneurindia.com/article/starting-a-business/business-opportunity/Opportunity-lies-in-being-available-24-7-285/ |accessdate=25 February 2014 |publisher=Entrepreneur India}}</ref> promoting it as a convenient destination for everyday and general needs.<ref>{{cite news |date=3 June 2005 |title=Modis unveil 24x7 store |url=http://www.business-standard.com/article/beyond-business/modis-unveil-24x7-store-105060301015_1.html |accessdate=25 February 2014 |newspaper=Business Standard}}</ref>

==Personal life==
He is the youngest of [[K.K. Modi]] and Bina Modi's children. Samir's elder sister, [[Charu Modi]] is the CEO and vice-president of Modi Academic International Institute, while brother [[Lalit Modi]] is a former cricket administrator, who founded the [[Indian Premier League]] (IPL) cricket tournament in 2008. In 1991, Samir married Shivani (née Gupta), whose father runs Delton Cables.<ref>{{cite news|last=Pradhan|first=Kunal|title=The rise. The fall.|url=http://www.punemirror.in/article/2/2010042220100422232254552340ef5f6/The-rise-The-fall-.html|accessdate=25 February 2014|newspaper=Pune Mirror|date=22 April 2010|url-status=dead|archiveurl=https://web.archive.org/web/20140301014008/http://www.punemirror.in/article/2/2010042220100422232254552340ef5f6/The-rise-The-fall-.html|archivedate=1 March 2014|df=dmy-all}}</ref> They have two daughters, Jayati and Vedika. Their elder daughter Jayati had a small role was part in the 2013 film ''[[Gippi]]''.<ref name="TOI050913">{{cite news |last1=Gupta |first1=Priya |title=It was her dream and she got it for herself, says Jayati Modi's mother |url=https://timesofindia.indiatimes.com/entertainment/hindi/bollywood/news/It-was-her-dream-and-she-got-it-for-herself-says-Jayati-Modis-mother/articleshow/19951029.cms |accessdate=June 13, 2020 |publisher=[[Times of India]] |date=May 9, 2013}}</ref> He was a state-level boxing champion and won a gold medal in a [[Delhi]] state boxing championship.<ref>{{Cite news |last=Gupte |first=Masoom |date=2018-11-22 |title=If I hadn't gone to Doon, I would've been a spoilt brat: Samir Modi, Colorbar founder |url=https://economictimes.indiatimes.com/magazines/panache/if-i-hadnt-gone-to-doon-i-wouldve-been-a-spoilt-brat-samir-modi-colorbar-founder/articleshow/66743937.cms |access-date=2024-08-26 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite news |last=Gupte |first=Masoom |date=2019-02-04 |title=Samir Modi's life lessons from boxing: Take punches, give back as well |url=https://economictimes.indiatimes.com/magazines/panache/samir-modis-life-lessons-from-boxing-take-punches-give-back-as-well/articleshow/67826029.cms |access-date=2024-08-26 |work=The Economic Times |issn=0013-0389}}</ref>

==Philanthropy==
In 1996, he set up the Modicare Foundation to prevent the escalation of HIV/AIDS, enhance awareness, and erase the myths and misconceptions surrounding the disease.<ref>{{cite web|title=Modicare Foundation|url=http://modicarefoundation.com/content.aspx?gbin=c337d27a-a1f0-4291-91e2-a8b2298aef19|publisher=Modicare Foundation|accessdate=25 February 2014|url-status=dead|archiveurl=https://web.archive.org/web/20131226123705/http://modicarefoundation.com/content.aspx?gbin=c337d27a-a1f0-4291-91e2-a8b2298aef19|archivedate=26 December 2013|df=dmy-all}}</ref> In 2002, Modi published ''The Positive Side'', a book that promotes AIDS awareness and contains real-life experiences of patients and their battle with the disease.<ref>{{cite news|last=Pisharoty|first=Sangeeta|title=The positive side of negative life...|url=http://www.hindu.com/thehindu/mp/2002/09/05/stories/2002090500260300.htm|archive-url=https://web.archive.org/web/20030701115626/http://www.hindu.com/thehindu/mp/2002/09/05/stories/2002090500260300.htm|url-status=dead|archive-date=1 July 2003|accessdate=25 February 2014|newspaper=[[The Hindu]]|date=5 September 2002}}</ref>

== References ==
{{Reflist|3}}
{{Authority control}}

== Further reading ==

* {{Cite news |date=31 August 2024 |title=This is what the future of beauty will look like, according to Colorbar's Samir Modi |url=https://elle.in/article/future-of-beauty/ |access-date=27 September 2024 |work=[[Elle (India)]]}}
*{{Cite news |last=Gupte |first=Masoom |date=1 January 2019 |title=Samir Modi on the surname game, & why his father didn't want him to start Colorbar |url=https://economictimes.indiatimes.com/magazines/panache/samir-modi-on-the-surname-game-why-his-father-didnt-want-him-to-start-colorbar/articleshow/67324776.cms |access-date=26 August 2024 |work=[[The Economic Times]]}}
*{{Cite book |last=Ghosh |first=D.K. |url=https://books.google.com/books?id=-anZAAAAMAAJ&q=Samir+Modi |title=The Great Digital Transformation: A Saga of Sustainable Development |publisher=Sunrise Publications |year=2004 |isbn=9788187365082 |pages=96 |via=[[University of Michigan]]}}

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{{Modi Enterprises}}

{{DEFAULTSORT:Modi, Samir}}
[[Category:1969 births]]
[[Category:The Doon School alumni]]
[[Category:Businesspeople from Uttar Pradesh]]
[[Category:Harvard Business School alumni]]
[[Category:People from Modinagar]]
[[Category:Living people]]
[[Category:Hindu College, Delhi alumni]]
[[Category:Modi family|Samir]]

Samir Modi - Revision history

MerryGrubb79668: creating basic pg w/ refs.