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Indian Bureau of Standards also mulling adoption of ISO benchmarks; need for standardisation also arises from increasing number of complaints received by consumer affairs ministry lately
The company expects to close the current fiscal with Rs 200 crore revenue, House of Kieraya (HoK) and Furlenco, founder and CEO Ajith Mohan Karimpana told PTI.
The company had a flat growth in the financial year 2020-21, on account of pandemic-related disruptions.
Currently in 13 cities, firm will serve 15 cities by year-end, including Tier-2 market; also exploring options to enter Dubai and Singapore next year
$15 million in equity has been raised from Lightbox Ventures along with participation from Hong Kong-based Axis Capital