FnS International Secures 3 Crores in Pre-IPO Funding, Bolstered by Investor Ankit Mittal and Mavuca Capital Advisors
Delhi, India – Celebrating 19 years as a trailblazer in the Diningware market, FnS International proudly announces the successful conclusion of its pre-IPO funding round, securing a significant sum of 3 crores. This milestone, backed by investor Ankit Mittal and Mavuca Capital Advisors, reflects a steadfast confidence in FnS International’s business model and future trajectory.
Established in 2005 by Adish Jain and Kamlesh Jain, FnS International has emerged as a premier provider of premium tableware offerings, showcasing products in 600 cities across India and available in over 5000 stores nationwide. With a remarkable portfolio of 65 design patents, FnS International is renowned for its exceptional design and packaging expertise, ensuring a superior user experience unmatched in its class.
Mr. Adish Jain, an Engineer with an MBA, has been the visionary leader propelling FnS International’s ascent to preeminence over 16 years, contributing significantly to brand launches such as Gillette Mach3 Turbo and Gillette Vector Plus in India during his tenure at Mattel Toys, Perfetti India Limited, and Gillette India Limited.
Ankit Mittal, a prominent investor, expressed his enthusiasm for FnS International’s growth trajectory, stating, “We wholeheartedly support FnS International’s journey. The company’s unwavering dedication to quality and innovation distinguishes it in the tableware industry.”
The funds raised in the pre-IPO round will empower FnS International to diversify its product portfolio, strengthen distribution networks, and enhance its online presence further. With plans to launch its IPO later this year, FnS International is poised for continued expansion and success.
CEO Adish Jain extended his gratitude to investors for their unwavering support, saying, “We deeply appreciate the trust shown by Ankit Mittal, Mavuca Capital Advisors, and our esteemed investors. This investment accelerates our path towards becoming a global leader in the tableware domain.”
Disclaimer: The information and facts presented in this press release have been sourced from FnS International. We assume no responsibility for the accuracy, reliability, or completeness of the information provided herein. Any reliance on the information contained in this press release is at the reader’s own risk.
