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The Economic Times
The Economic Times

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

Lighthouse India

Lighthouse-backed Indian gifting retailer Ferns N Petals plans to go public by the end of 2028 to fund expansion and acquisitions, while targetting revenue growth of about 25% annually, its global CEO told Reuters.

"The end of 2028 will be a good time for us to go ‌public," Pawan ⁠Gadia said, ⁠adding that the company would also use the proceeds to buy other gifting brands.

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