Venky's (India) Limited
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Private Limited Subsidiary of V H Group |
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| Founded | 1971 |
| Headquarters | Pune, Maharashtra, India |
| Website | Venkys.com |
Venky's (India) Limited is a subsidiary of V H Group, an Indian company that specialises in chicken meat processing, and pharmaceutical products for both poultry and human usage.
Today, the diversified VH Group is a USD 1 billion conglomerate and a large Asian poultry company. The group has diversified into 29 fields including: poultry, processed food, animal vaccines, pharma and healthcare products.
In December 2010, the group launched Venky's Express, a ready to eat chicken outlet. The first outlet opened in Pune, with Akon performing at the opening.
Some people have called into question Venky's business sense since they acquired Blackburn Rovers F.C. in 2010. Since they took over the club, questionable decisions to sack managers and other administrative staff without reasons have been a regular occurrence, leading to much anger being expressed from supporters, this also coupled with poor results on the pitch which saw the club relegated from the Premier League at the end of the 2011/12 season.
In November 2010, Venky's set up a new holding company, Venky's London Ltd, and bought a 99.9% stake in Blackburn Rovers FC, spending £23 million on the deal and taking on around £20million of the club's debt. After sacking Sam Allardyce as the club's manager,Steve Kean was given the job, an appointment which was shrouded in a great deal of controversy since Kean's agent Jerome Anderson had earlier played a major role in advising Venky's during the takeover of the club in the preceding months. Venky's oversaw an unsuccessful period resulting in relegation to the Championship at the end of the 2011–12 Premier League season ending an 11-year run in the top flight. Despite Kean leaving Blackburn Rovers in September 2012, criticism of Venky's running of the club has continued, with both fans and the media calling them into question.
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