Ferns N Petals is India's largest flower and gifts retailer and one of the largest flower retailers in the world with a network of 320 plus outlets across 120 cities.
Basic Information
Ferns N Petals started as a premium florist chain and opened its first outlet in 1994. Considering that flowers are highly perishable, FNP worked on the supply chain, sourcing and logistics to save costs and build volumes. Today, the company has an omnichannel business model. FNP commands one-third of the organised flower market in India, but cakes is its most lucrative business. For every one flower shop, there are at least five cake shops in India. FNP has 260 flower shops in 105 cities and 50 Cakes N More outlets in 25 cites. The Delhi-based company also has a wedding planning business. FNP has also ventured into the premium drinking water category. FNP Water was launched in November 2018 to supply premium drinking water at its wedding venues. Its retail presence is currently restricted to FNP outlets.
Legal Name
:
FNP E Retail Private Limited
Headquarters
:
New Delhi, Delhi, India
Founding Date
:
1994
No. of Employees
:
501 to 1000
Core Team
:
1.
Vikaas Gutgutia
Founder and MD
2.
Pawan Gadia
Global CEO & Director
Funding
Total Funding
$27.0M
Investors
:
1.
Lighthouse India Fund III
Round 1
$27M
Series Name
:
OTHER
Date
:
12th Mar 2022
Investors
:
1.
Lighthouse India Fund III
Consumer
Consumer
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Consumer