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Lighthouse-backed Ferns N Petals eyes India IPO by 2028, targets 25% annual revenue growth

Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue growth of approximately twenty-five percent is targeted. The retailer will also expand its store network to three hundred fifty locations. This move supports growth in India and international markets.

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economictimes.indiatimes.comStai leggendo18 g fa

Lighthouse-backed Ferns N Petals eyes India IPO by 2028, targets 25% annual revenue growth

Indian gifting retailer Ferns N Petals targets end-2028 IPO with 25% revenue growth and 5-6% margins (vs 2.5% prior), off FY2026 $113M. CEO's earnings-first shift signals private market turning point: Indian consumer retail now prioritizes unit economics—direct implication for consumer startup M&A decisions.

originale

newsbytesapp.com17 g fa

Ferns N Petals plans IPO by end of 2028

Lighthouse-backed gifting retailer Ferns N Petals aims for an IPO by end-2028 to support acquisitions and expansion, with a target of 25% annual revenue growth.

Timeline cronologica

mercoledì 29 luglio 2026·economictimes.indiatimes.com
Lighthouse-backed Ferns N Petals eyes India IPO by 2028, targets 25% annual revenue growth
Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue growth of approximately…
mercoledì 29 luglio 2026·newsbytesapp.com
Ferns N Petals plans IPO by end of 2028
Lighthouse-backed gifting retailer Ferns N Petals aims for an IPO by end-2028 to support acquisitions and expansion, with a target of 25% annual revenue growth.