Vaibhav Global
Vaibhav Global Limited is an Indian company that operates television shopping channels and e-commerce platforms, primarily focused on jewellery, gemstones, and lifestyle products. The company is headquartered in Jaipur, Rajasthan, and runs retail operations in multiple international markets.
History
The company began as a gemstone exporter in 1980 and was incorporated as Vaibhav Enterprises in 1989. It was listed on Indian stock exchanges in 1996. In the mid-2000s, the company expanded into television retailing in the United States and United Kingdom. Following the 2008 financial crisis, VGL restructured its operations with an emphasis on lower-cost consumer products and developed online retail alongside its television channels.
Operations
VGL operates television shopping channels and e-commerce websites in the United States, the United Kingdom, Germany, and Austria. Its main platforms include Shop LC, TJC, Ideal World, and Shop LC DE. In 2023, the company acquired the Mindful Souls platform, which offers lifestyle and wellness products.