Created by MynkVar
Last edited June 28, 2022
>MynkVar
 
UpdateBot (talk | contribs)
robot: Update article (please report if you notice any mistake or error in this edit)
 
Line 4: Line 4:


{{Infobox company
{{Infobox company
| name            = Ferns N Petals Pvt. Ltd.
| name            = Ferns N Petals
| logo            = Ferns N Petals Logo.jpg
| logo            = File:Fnp logo.jpg
| logo_size        = 200px
| logo_size        = 200px
| type            = Private company
| type            = Private company
| founder          = Vikas Gutgutia
| founder          = Vikas Gutgutia
| area_served      = India + 156 countries
| area_served      = India + 200 countries
| key_people      = Vikaas Gutgutia <br /> (Founder & Managing Director) <br /> Pawan Gadia (CEO)
| key_people      = Vikaas Gutgutia <br /> (Founder & MD) <br /> Pawan Gadia (CEO)
| industry        = Gifting
| industry        = Gifting
| genre            =  
| genre            =  
| products        = Flowers, cakes, plants and personalised gifts
| products        = Flowers, cakes, plants and personalised gifts
| services        =  
| services        =  
| revenue          = {{Increase}} {{INRConvert|1.45|b}}<ref name=forbes>{{Cite web|title= Ferns N Petals Aims to Go Global|url= https://www.forbesindia.com/article/work-in-progress/ferns-n-petals-aims-to-go-global/36113/1| publisher=Forbes India|website= www.forbesindia.com|language=en}}</ref>
| revenue          = USD 350 million
| operating_income =  
| operating_income =  
| net_income      =  
| net_income      =  
Line 25: Line 25:
| footnotes        =  
| footnotes        =  
| foundation      = 1994
| foundation      = 1994
| hq_location_city = [[New Delhi]]
| location_city    = [[New Delhi]]
| location_country = India
| location_country = India
| locations        = 120 cities
| locations        = 120 cities
Line 31: Line 31:
}}
}}


'''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 320 plus outlets across 120 cities (by May 2019). It was started by Vikaas Gutgutia in 1994. The first shop was opened in [[Delhi]] South extension and it took the company nine years before it finally broke even in 2003.<ref>{{Cite web |url=http://articles.economictimes.indiatimes.com/2012-08-10/news/33137607_1_flower-shop-ferns-n-petals-vikaas-gutgutia |title=How a lovestruck student gave Vikaas Gutgutia the idea of Ferns N Petals |website=timesofindia-economictimes |archive-url=https://web.archive.org/web/20160802115737/http://articles.economictimes.indiatimes.com/2012-08-10/news/33137607_1_flower-shop-ferns-n-petals-vikaas-gutgutia |archive-date=2016-08-02}}</ref>
'''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<ref name="forbes">{{Cite web |url=http://forbesindia.com/article/work-in-progress/ferns-n-petals-aims-to-go-global/36113/1|work=Forbes India |title = Ferns N Petals Aims to Go Global
|access-date = 10 November 2013}}</ref><ref>{{Cite web |url=http://articles.economictimes.indiatimes.com/2012-08-10/news/33137607_1_flower-shop-ferns-n-petals-vikaas-gutgutia |title=How a lovestruck student gave Vikaas Gutgutia the idea of Ferns N Petals |website=timesofindia-economictimes |archive-url=https://web.archive.org/web/20160802115737/http://articles.economictimes.indiatimes.com/2012-08-10/news/33137607_1_flower-shop-ferns-n-petals-vikaas-gutgutia |archive-date=2016-08-02}}</ref>
 
==History==
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.<ref>{{cite web |title=The founder of Ferns N Petals likes to say it with flowers |url=https://lifestyle.livemint.com/news/big-story/the-founder-of-ferns-n-petals-likes-to-say-it-with-flowers-111613062341731.html |website=Mintlounge |language=en |date=12 February 2021}}</ref>
 
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.<ref>{{cite web |title=Flower and gifting firm Ferns N Petals to venture into Qatar, Saudi Arabia and Indonesia |url=https://economictimes.indiatimes.com/industry/services/retail/flower-and-gifting-firm-ferns-n-petals-to-venture-into-qatar-saudi-arabia-and-indonesia/articleshow/77315428.cms |website=The Economic Times}}</ref><ref>{{cite web |title=Ferns N Petals innovates more in Digital Gifting to facilitate 100% contactless deliveries |url=http://everythingexperiential.businessworld.in/article/Ferns-N-Petals-innovates-more-in-Digital-Gifting-to-facilitate-100-contactless-deliveries/29-04-2020-190551/ |website=Everything Experiential |language=en}}</ref>
 
The company, which started with a single store, has grown into a reputed brand entailing 11 verticals crossed a topline of 500Cr in FY 2021-22.<ref>{{cite web |title=Interview: Pawan Gadia, CEO (retail & online), Ferns N Petals India, GCC & APAC regions |url=https://www.financialexpress.com/brandwagon/interview-pawan-gadia-ceo-retail-online-ferns-n-petals-india-gcc-apac-regions/2411702/ |website=Financialexpress |language=en}}</ref>
 
In 2022, the company changed its name from 'Ferns N Petals' to 'FNP' with a new logo.<ref>{{cite web |title=Ferns N Petals is now FNP- Understanding the ‘Why’ Behind Brand Identity Change |url=https://www.afaqs.com/news/marketing-initiatives/ferns-n-petals-is-now-fnp-understanding-the-why-behind-brand-identity-change |website=afaqs!}}</ref>
 
==Funding==
In March 2022, Ferns N Petals received a funding of INR 200 crores (USD 27 million) from Lighthouse India Fund III, Limited.<ref>{{cite web |title=Lighthouse invests Rs 200 crore in Ferns N Petals |url=https://economictimes.indiatimes.com/small-biz/sme-sector/lighthouse-invests-rs-200-crore-in-ferns-n-petals/articleshow/90165239.cms |website=The Economic Times}}</ref><ref>{{cite web |title=Ferns N Petals gets Rs 200 cr funding from Lighthouse India Fund III |url=https://www.business-standard.com/article/companies/ferns-n-petals-gets-rs-200-cr-funding-from-lighthouse-india-fund-iii-122031200521_1.html |website=Business Standard India |date=12 March 2022}}</ref>
 
==International Expansion==
After having established in India, Ferns N Petals expanded its International Footprints into the South East Asian and Middle East space.<ref>{{cite web |title=Flower and gifting firm Ferns N Petals to venture into Qatar, Saudi Arabia and Indonesia |url=https://economictimes.indiatimes.com/industry/services/retail/flower-and-gifting-firm-ferns-n-petals-to-venture-into-qatar-saudi-arabia-and-indonesia/articleshow/77315428.cms |website=The Economic Times}}</ref>
 
==Advertisement==
In 2020, Ferns N Petals signed [[Neena Gupta]] as a brand ambassador for its promotion.<ref>{{cite web |title=Ferns N Petals 'Flower Will' ad with Neena Gupta & Rajat Kapoor celebrates eternal love - Exchange4media |url=https://www.exchange4media.com/advertising-news/ferns-n-petals-flower-will-ad-with-neena-gupta-rajat-kapoor-celebrates-eternal-love-103035.html |website=E4M |language=en}}</ref>
 
In 2022, FNP was the official gifting partner at [[22nd IIFA Awards|22nd International Indian Film Academy Awards]].<ref>{{cite web |title=Ferns N Petals is the official gifting partners at the IIFA Awards 2022 |url=https://www.aninews.in/news/business/business/ferns-n-petals-is-the-official-gifting-partners-at-the-iifa-awards-202220220531103338/ |website=ANI News |language=en}}</ref><ref>{{cite web |title=It Was a Pleasure Having Ferns N Petals on Board with Us as Our Gifting Partner at the ... - Latest Tweet by IIFA {{!}} 🎥 LatestLY |url=https://www.latestly.com/socially/entertainment/bollywood/it-was-a-pleasure-having-ferns-n-petals-on-board-with-us-as-our-gifting-partner-at-the-latest-tweet-by-iifa-3824765.html |website=LatestLY |language=en |date=14 June 2022}}</ref> In the same year, actor [[Anil Kapoor]] and [[Janhvi Kapoor]] became the brand ambassador of the company.<ref>{{cite web |title=Ferns N Petals is now FNP- Understanding the ‘Why’ Behind Brand Identity Change |url=https://www.afaqs.com/news/marketing-initiatives/ferns-n-petals-is-now-fnp-understanding-the-why-behind-brand-identity-change |website=afaqs!}}</ref>


==Retail categories==
==Retail categories==
Though originally a flower retailer, the firm has expanded its business by christening FNP Weddings & Events in 1996. Considering the fact that the online retail industry is evolving to create a bright commercial ecosystem. FNP entered the online gifting solutions for its customers and introduced the E-Commerce division in 2002 and since then it has grown leaps and bound. At this juncture, the drive has only increased and FNP strives to be up there among the best in the world. The company has become global by launching www.fnp.ae in 2015 and further stepped into the cake manufacturing business by opening fnp Cakes ‘N’ More in the year 2016.
Though originally a flower retailer, the firm has also expanded into the E-commerce sector<ref name="forbes" /> with various online ventures such as FNPcakes.<ref>{{cite news|title=Turn right to celebrate Diwali|url=http://www.tribuneindia.com/news/trends/turn-right-to-celebrate-diwali/312340.html}}</ref> It has expanded their business into the wedding and event planning industry with the name FNP Weddings & Events.<ref>{{cite web|url=http://www.fnpweddings.com/about/|title=About|work=fnpweddings.com}}</ref>


==References==
==References==

Latest revision as of 17:04, 28 June 2022



Ferns N Petals
IndustryGifting
Founded1994
Founder(s)Vikas Gutgutia
Headquarters,
India
Number of locations
120 cities
Area served
India + 200 countries
Key people
Vikaas Gutgutia
(Founder & MD)
Pawan Gadia (CEO)
ProductsFlowers, cakes, plants and personalised gifts
RevenueUSD 350 million
Websitewww.fnp.com

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 | edit source]

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, which started with a single store, has grown into a reputed brand entailing 11 verticals crossed a topline of 500Cr in FY 2021-22.[6]

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

Funding[edit | edit source]

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

International Expansion[edit | edit source]

After having established in India, Ferns N Petals expanded its International Footprints into the South East Asian and Middle East space.[10]

[edit | edit source]

In 2020, Ferns N Petals signed Neena Gupta as a brand ambassador for its promotion.[11]

In 2022, FNP was the official gifting partner at 22nd International Indian Film Academy Awards.[12][13] In the same year, actor Anil Kapoor and Janhvi Kapoor became the brand ambassador of the company.[14]

Retail categories[edit | edit source]

Though originally a flower retailer, the firm has also expanded into the E-commerce sector[1] with various online ventures such as FNPcakes.[15] It has expanded their business into the wedding and event planning industry with the name FNP Weddings & Events.[16]

References[edit | edit source]

  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 2 August 2016.
  3. "The founder of Ferns N Petals likes to say it with flowers". Mintlounge. 12 February 2021.
  4. "Flower and gifting firm Ferns N Petals to venture into Qatar, Saudi Arabia and Indonesia". The Economic Times.
  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.
  7. "Ferns N Petals is now FNP- Understanding the 'Why' Behind Brand Identity Change". afaqs!.
  8. "Lighthouse invests Rs 200 crore in Ferns N Petals". The Economic Times.
  9. "Ferns N Petals gets Rs 200 cr funding from Lighthouse India Fund III". Business Standard India. 12 March 2022.
  10. "Flower and gifting firm Ferns N Petals to venture into Qatar, Saudi Arabia and Indonesia". The Economic Times.
  11. "Ferns N Petals 'Flower Will' ad with Neena Gupta & Rajat Kapoor celebrates eternal love - Exchange4media". E4M.
  12. "Ferns N Petals is the official gifting partners at the IIFA Awards 2022". ANI News.
  13. "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.
  14. "Ferns N Petals is now FNP- Understanding the 'Why' Behind Brand Identity Change". afaqs!.
  15. "Turn right to celebrate Diwali".
  16. "About". fnpweddings.com.