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Global relocation company PM Relocations (PMR) will invest up to Rs 150 crore over the next three years to expand its business, its CEO Aakanksha Bhargava has said. The company is also expecting to double its revenues to over Rs 200 crore in the ongoing financial year, Bhargava told PTI in an interaction. The Gurugram-based firm, which is into relocating commercial and housing spaces, had clocked Rs 100 crore in 2021-22. On the company's investment plan, the CEO said: "We will invest up to Rs 150 crore over the next three years to expand our business". The amount will be utilised to upgrade technology, set up the physical infrastructure and towards marketing and branding purposes, she said. "It will be our own funding. We are not going to raise it from the market," the CEO added. According to Bhargava, her firm has helped relocate more than 5,000 households within India and 8,000 families abroad in the last 15 years. The company has recently introduced new business verticals lik
Firm that makes mattresses and pillows aims to expand to smaller cities and is setting up a manufacturing facility in Sonipat.
For fiscal 2022, Accenture sees 12% to 15% of revenue growth and expects to spend a similar amount on acquisitions as last year.
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Survey also shows that business will return to normal only by 2021, while 22 per cent business leaders expect it to take more than a year, from when the lockdown ends
A strong revenue stream gives business partners, employees and other stakeholders assurance, reports Tech in Asia