Nandini to widen base with 25 stores by 2023

Nandani Creations, the parent company of Jaipurkurti.com, plans to widen its base to cater to a bigger set of consumers. As per Retail4Growth, the company aims to set up 25 retail stores by 2023 besides hiring more than 150 individuals for sales, logistics & supply chain. The company has earmarked an amount of Rs 42 lakh per store for expansion. Its total expansion investment is likely to go up to $ 1.3 million for 20+ stores.

In FY 2021-22, the company will set up stores in key cities of Rajasthan like Kota, Sikar, Jodhpur, Udaipur, Bhilwara, Ganganagar, Neemrana and Alwar. In 2022-23, Nandani Creation eyes big cities like Pune, Gurgaon, Indore and Delhi. Out of these four cities, Pune will be a franchiseefor which company will take approximately 37,500 sq ft. on lease for opening new stores.