Netsurf explores PE funding to fuel growth, plans for IPO by 2025
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Direct selling company Netsurf Network, a part of Netsurf Communications, is exploring tapping private equity funds to raise capital for achieving growth targets, according to a top executive.
“Looking at current growth and sales projections, we will be investing majorly into increasing production capacity to fuel the growth,” said Sujit Jain, CMD, Netsurf Communications Pvt. Ltd.
“Apart from production we will be investing heavily in strengthening technological infrastructure along with marketing & long-term brand-building exercise. We are exploring private equity funds for rapid growth,” he said.