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Ferns N Petals

From EverybodyWiki Bios & Wiki


Ferns N Petals
Private company
ISIN🆔
IndustryGifting
Founded 📆1994
Founder 👔Vikaas Gutgutia
Headquarters 🏙️, ,
India
Number of locations
120 cities
Area served 🗺️
India + 200 countries
Key people
Vikaas Gutgutia
(Founder & MD)
Pawan Gadia (CEO)
Products 📟 Flowers, cakes, plants and personalised gifts
Revenue🤑 USD 79 million
Members
Number of employees
🌐 Websitewww.fnp.com
📇 Address
📞 telephone

Ferns N Petals (FNP) is an Indian gifting company founded by Vikaas Gutgutia in 1994. FNP provides flowers, cakes, plants and other gift items to customers. FNP delivers across 450+ cities & towns across India and 120+ countries worldwide.[1][2]

History[edit]

The journey started with FNP's first store in New Delhi by the Founder & MD Vikaas Gutgutia in 1994. FNP introduced its E-Commerce division in 2002. And since then it has grown in leaps and bounds to become a major Gifting Portal of the country.[3]

In the year 2020, During the COVID-19 pandemic, the company launched its Digital Gifting section that include Musician on Call (Guitarist, Violinist Flue, etc.), Celebrity Video Message, Poet on Call, Personalized App, Digital Caricatures, Personalized Video message etc.[4][5]

The company started with a single store.[6]

In 2022, the company changed its name from 'Ferns N Petals' to 'FNP' with a new logo.[7]

Funding[edit]

In March 2022, Ferns N Petals received a funding of INR 200 crores (US$27 million) from Lighthouse India Fund III, Limited.[8][9]

International Expansion[edit]

After having established in India, Ferns N Petals expanded into the South East Asian and Middle East space.[4]

[edit]

In 2020, Ferns N Petals signed Neena Gupta as a brand ambassador for its promotion.[10]

In 2022, FNP was the official gifting partner at 22nd International Indian Film Academy Awards.[11][12] In the same year, actor Anil Kapoor and Janhvi Kapoor became the brand ambassador of the company.[7]

Retail categories[edit]

Though originally a flower retailer, the firm has also expanded into the E-commerce sector[1] with various online ventures such as FNPcakes.[13] It has expanded their business into the wedding and event planning industry with the name FNP Weddings & Events.[14]

References[edit]

  1. 1.0 1.1 "Ferns N Petals Aims to Go Global". Forbes India. Retrieved 10 November 2013.
  2. "How a lovestruck student gave Vikaas Gutgutia the idea of Ferns N Petals". timesofindia-economictimes. Archived from the original on 2016-08-02.
  3. "The founder of Ferns N Petals likes to say it with flowers". Mintlounge. 12 February 2021.
  4. 4.0 4.1 "Flower and gifting firm Ferns N Petals to venture into Qatar, Saudi Arabia and Indonesia". The Economic Times. 2 August 2020.
  5. "Ferns N Petals innovates more in Digital Gifting to facilitate 100% contactless deliveries". Everything Experiential.
  6. "Interview: Pawan Gadia, CEO (retail & online), Ferns N Petals India, GCC & APAC regions". Financialexpress. 21 January 2022.
  7. 7.0 7.1 "Ferns N Petals is now FNP- Understanding the 'Why' Behind Brand Identity Change". afaqs!. June 2022.
  8. "Lighthouse invests Rs 200 crore in Ferns N Petals". The Economic Times. 12 March 2022.
  9. "Ferns N Petals gets Rs 200 cr funding from Lighthouse India Fund III". Business Standard India. 12 March 2022.
  10. "Ferns N Petals 'Flower Will' ad with Neena Gupta & Rajat Kapoor celebrates eternal love - Exchange4media". E4M.
  11. "Ferns N Petals is the official gifting partners at the IIFA Awards 2022". ANI News. Archived from the original on 15 June 2022. Retrieved 28 June 2022. Unknown parameter |url-status= ignored (help)
  12. "It Was a Pleasure Having Ferns N Petals on Board with Us as Our Gifting Partner at the ... - Latest Tweet by IIFA | 🎥 LatestLY". LatestLY. 14 June 2022.
  13. "Turn right to celebrate Diwali".
  14. "About". fnpweddings.com.


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