Storai was launched on 17th March 2005 at Taj Lands End, Bandra by Mr.Kishore Biyani, Chief Knowledge Officer and Managing Director of Pantaloon Retail India Ltd. During the occasion a Retail Colloquium on 'Modern Retailing: The Winning Ways' was held and the panel for the colloquium comprised 11 eminent CEOs of the retail industry in India. The following are the members of the panel that led the retail colloquium:

Akhil Chaturvedi, Provogue
Aniruddha Deshmukh, Raymond
Asim Dalal, Bombay Store
Chetan Shah, Pepe
Kishore Biyani, Pantaloon
K.N.Iyer, Piramyd
Kumar Rajagopalan, Crossword
R.Sriram, Crossword
R.Subramanian, Subhiksha
Ved Prakash Arya, Pantaloon
Yogesh Samat, Inorbit

These head honchos of retailing shared their experiences and views on creating successful retail business models in India. They also shared their opinion on how to run retail stores successfully. Their unique management styles found their manifestation when each one identified the key success factors of their own retail business. The colloquium was very interactive with the audience posing many questions to the panel members seeking insights into even specific decision-making situations

Storai launch and retail colloquium were attended by more than 170 retail professionals and the interactions among them continued over dinner till late in the evening on that eventful day.