Lighthouse invests ₹200 crore in FNP
The company plans to primarily use the funding to upgrade its technology.
Private equity firm Lighthouse has invested ₹200 crore in gifting platform Ferns N Petals, two people familiar with the deal said. “We are very excited to partner with Lighthouse and look forward to learning from their deep consumer insights, developed through a focused investment approach," said Vikaas Gutgutia, founder and managing director at Ferns N Petals. The company plans to primarily use the funding to upgrade its technology.