The Tolaram Business Model

Tolaram Group website

Eighty-year-old Vaswani now oversees Tolaram Group, a Singapore-headquartered company with an estimated value of US$1.8 billion. Tolaram is building a port in Nigeria, producing paper in Estonia, running a bank in Indonesia and supplying power in India. It has food production and distribution operations across Africa and sells to more than 75 countries. The company is expanding into digital services and plans to add a hedge fund to its wealth operations, a report by Bloomberg said.

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