Gifting platform Ferns N Petals Private Limited (FnP) has raised $27 million (Rs 200 crore) from Lighthouse India Fund III, per an announcement.

The platform claims to serve more than 2 million customers annually. The company operates through a network of more than 400 franchised FnP stores across India, serving 99% of the Indian pin codes. Beyond India, the company has on-ground operations in the UAE, Singapore, and Qatar and plans to further expand into Saudi Arabia, Malaysia, Indonesia, the Philippines, and the UK soon. The company claims to have maintained a 40%+ growth rate and expects a turnover of nearly Rs 600 crore in the current financial year.

Lighthouse Invests $27M In Ferns N Petals And Other India Deals Worth 1.57B

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Lighthouse Invests $27M In Ferns N Petals And Other India Deals Worth 1.57B

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