Industry Gifting Area served India + 150 countries Founded 1994 Type of business Private company | Number of locations 93 cities Founder Vikaas Gutgutia Headquarters New Delhi | |
Key people Vikaas Gutgutia
(Founder)
Pawan Gadia (CEO) Products Flowers and personal gifts Profit ₹120 million (US$1.8 million) (2012) Revenue 660 million INR (2015, US$22 million) Net income 120 million INR (2012, US$1.8 million) Profiles | ||
Ferns n petals koramanga 7th block bangalore shoppingadviser
Ferns N Petals (FNP) is India's largest flower and gifts retailer and one of the largest flower retailers in the world with a network of 240 plus outlets across 93 cities (by Dec. 2016). It was started by Vikaas Gutgutia in 1994. The brand has served more than 4 million customers both online and offline. FNP also delivers gifts to more than 150 countries. Ferns N Petals Group comprises FNP Retail & Franchising, FNP E-commerce, FNP Weddings & Events, Floral Touch, FNP Select, Luxury Weddings, FNP Floral Design School, GiftsbyMeeta & Flagship store
Contents
franchising is the formula to success vikash gutguta of ferns n petals
History
Gutgutia had gained some experience in the flower business having helped out his florist uncle in Kolkatta during his early days. He opened his first shop in Delhi South extension. It took FNP 9 years before it finally broke even in 2003.
Retail categories
Though originally a flower retailer, the firm has also expanded into the E-commerce sector with various online ventures such as FNPcakes. It has expanded their business into the wedding and event planning industry with the name FNP Weddings & Events.It launched a new business called the Propshop store, which primarily deals in wedding gifts, on 3 September 2013.