New Delhi, July 29 -- After staying away from quick commerce so far, Ferns N Petals (FNP), one of India's oldest organized gifting companies, is now ramping up its presence in the segment, as consumers increasingly rely on instant delivery platforms for last-minute purchases of flowers and gifts. The company, which is eyeing a public listing in a couple of years, also noted it was being missed on popular instant delivery platforms.

The over three-decade-old company's quick commerce and food commerce business-mainly cakes and sweets-that generated about Rs.8 crore in FY25 saw an eight-fold rise to Rs.65 crore in FY26 and is expected to nearly double to Rs.125 crore this year, the company's chief executive Pawan Gadia told Mint. He expects...