“This fundraising enables PDS to accelerate its growth journey to expand into new markets and categories, as well as diversify its sourcing sectors through brownfield investments, while maintaining a strong balance sheet,” the company said.
Palak Seth, Executive Vice Chairman, PDS, said, “This funding will be instrumental in driving our expansion efforts, driving innovation and expanding our global footprint into new and exciting markets.”
PDS Limited is a fashion infrastructure platform offering product development, sourcing, manufacturing and distribution for major brands and retailers worldwide. It has a global network covering more than 90 locations in more than 20 countries with more than 4,200 employees and more than 6,000 factory associates worldwide.
Company in FY24 Rs. 10,370 crore in consolidated revenue.
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