Ferns N Petals to expand operations into Qatar, Saudi Arabia and Indonesia

Presently, Ferns N Petals, a 27-year-old company, has presence in foreign markets like the UAE and Singapore

Flower and gifting firm Ferns N Petals is planning to expand its operation in overseas markets of Qatar, Saudi Arabia and Indonesia in the next two years, according to a top company official.

The company, which is aiming to be a Rs 1,000 crore company by FY2022-23, is quite bullish on the online segment. It has launched new services and is investing up to Rs 30 crore on technology in the next 18 months to tap opportunity in the e-commerce segment in the post-Covid era.

"We will be expanding in Qatar, Saudi Arabia and Indonesia. By the end of FY2022-23,