Bengaluru, Feb. 22 -- Peps Industries Private Limited, India's leading sleep solutions brand, has set an ambitious target to achieve Rs 1,000 crore in revenue over the next five years by expanding into untapped markets in eastern, western, and northern India.
"As of now, the company has generated Rs 500 crore in revenue and aims to double it to Rs 1,000 crore within the next five years," Peps Industries Co-Founder and CEO G Shankar Ramm told reporters here on Saturday.
Currently, 90 percent of Peps' retail stores are concentrated in South India. The company plans to leverage the latest technologies to drive sales and achieve its revenue goal. Peps is also considering an initial public offering (IPO) in future, he said.
Despite its growin...