Divine Organic Eyes Rs100 Crore Turnover In 3 Years
Organic skincare brand Divine Organics is eyeing a turnover of up to Rs 100 crore in the next three years as it expands operations in India and overseas.
Divine Organics CEO Gautam Dhar said "We are looking at a turnover of Rs 80-100 crore from our operations in India and overseas. By early next fiscal, we will enter markets in Indian sub-continent like Sri Lanka, South-East Asia and the Middle-East. We want to give consumers a 100 per cent organic product option at a competitive price range. We plan to focus on metro and mini metro cities in India. Going forward, the company will also look at raising about Rs 10 crore from private equity or venture capital investors to support its expansion plans.”
Divine Organics, which claims to be India's first comprehensive range of ECOCERT certified fully organic beauty brand, will look at selling its products through a network pf 400 outlets across India.
Company offers a range of organic skin care, body care and hair care products, priced in Rs 300-1,250.